Micron Technology Inc ($MU) is The Key To Forecast Indices Weakness
The 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…
NQ_F: Reaction Higher From Equal Legs Area
Hello 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…
American Airlines ( AAL ) Found Buyers At The Blue Box Area
Hello 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…
FCX : Favors Upside & Should Remain Supported
Freeport-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…
Block (SQ) Could Be Ready To Rally
Block, 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…
Tesla (TSLA) Near Support Level According to Elliott Wave
Tesla ended cycle from 1.6.2023 low at 217.82. We labelled this rally as wave ((1)) as the 45 minutes chart below shows. Internal subdivision of wave ((1)) unfolded as a…
NIFTY Elliott Wave Sequence Suggests Further Downside
Nifty shows an incomplete bearish sequence from 12.1.2022 high favoring further downside. The decline from 12.1.2022 high is unfolding as a double three Elliott Wave structure. Down from 12.1.2022 high,…
Stock vs Shares – What’s the Difference?
While many people believe the term stock and shares mean the same and tend to use the term interchangeably, they are not. There are some basic differences between both which…
XME Perfect Reaction Higher From Blue Box Area
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XME. We presented to members at the elliottwave-forecast. In which, the rally from…