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 […]
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Silver Miners ETF (SIL) Looking to Correct Cycle from September 2022
Read MoreSilver Miners ETF (SIL) has ended the correction to the cycle from March 2020 low on Sept 26, 2022 low at 21.26. It has started to rally the next leg higher. However, it formed intermediate high on January 26 at 31.9. It ‘s now pulling back to correct cycle from Sept 26 low in larger […]
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Elliott Wave Suggests 20+ Yr Bond ETF ($TLT) Should Remain Supported.
Read MoreHello Everyone! In this technical blog, we are going to take a look at the Elliott Wave path in the 20 Year Bond ETF ($TLT). The iShares 20+ Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities greater than twenty years. $TLT 4H Elliott Wave […]
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Do Not Buy NIO Stock Until It Breaks October 2022 Low
Read MoreNio Inc. (NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The company has raised over $5 billions from investors. In 2021, it plans to expand to 25 different countries and regions by 2025. NIO Daily […]
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Kohl’s Corporation (KSS) Found a Technical Macro Bottom
Read MoreKohl’s stock trades on NYSE under ticker KSS and has been public since 1992, showing growth and fluctuations. Kohl’s Corporation operates over 1,100 US department stores and is based in Wisconsin. The company was founded in 1962 and faces growing competition from online retailers. It’s adapting to the changing retail landscape by expanding online presence […]
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NVDA Blue Box Offered Short-term Buying Opportunity
Read MoreIn this blog, we take a look at the past performance of NVDA charts. In which, the stock provided a buying opportunity at the blue box area.
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$TRAN (Dow Jones Transportation): The Sector Should Extend Higher Soon
Read More#TRAN (Dow Jones Transportation) is trading in an interesting swing sequence. It shows five swings advance in Grand Super Cycle degree. The idea that five waves or swings develop from the all-time lows make the sector bullish overall. However, we favor a nest, a series of I-II with a higher extension still to come. A […]