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 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 […]

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 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 […]

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 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 […]

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 Oil & gas. It is based in Phoenix, Arizona, US, comes under Basic Materials sector & trades as “FCX” ticker at NYSE. FCX shown impulse […]

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 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 […]

Tesla (TSLA) is correcting cycle from 1.6.2023 low before it resumes higher. This article and video look at the Elliott Wave path.