In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
-
Short Term Elliott Wave Outlook in SPX Favors More Upside
Read MoreS&P 500 (SPX) shows incomplete sequence from 10.13.2022 low favoring more upside. This article and video look at the Elliott Wave path.
-
Micron Technology Inc ($MU) is The Key To Forecast Indices Weakness
Read MoreThe whole market has advanced in what looks like an impulse off the lows in 2022. One of the essential concepts in the Elliott Wave Theory is that a new trend always comes in fives. However, five waves can also be part of a C wave of a FLAT. We explained the possibility in the […]
-
NQ_F: Reaction Higher From Equal Legs Area
Read MoreHello Traders, in this article we will analyze our forecast of the Nasdaq Futures in the short term cycle. Since the short term peak of NQ_F from 02.02.2023 to end wave 1 we have been expecting a pullback within wave 2 to take place. Here at Elliott Wave Forecast we have in place a system […]
-
American Airlines ( AAL ) Found Buyers At The Blue Box Area
Read MoreHello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of American Airlines Group ( $AAL ) stock. As our members know, the stock is trading within the cycle from the 11.63 low. We have been calling for the rally in the stock after 3 waves […]
-
FCX : Favors Upside & Should Remain Supported
Read MoreFreeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for Copper, Gold, Molybdenum, Silver & other metals, as well as Oil & gas. It is based in Phoenix, Arizona, US, comes under Basic Materials sector & trades as “FCX” ticker at NYSE. FCX shown impulse […]
-
Block (SQ) Could Be Ready To Rally
Read MoreBlock, Inc. (formerly Square, Inc.) is an American multinational technology conglomerate founded in 2009 and launched its first platform in 2010. It became a public company since November 2015 with the ticker symbol SQ. Square is a payments platform aimed at small and medium businesses. It allows them to accept credit card payments and use smartphone or tablets as payment registers […]