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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NTR : Favors Short Term Weakness Before Turning Higher
Read MoreNutrien Ltd., (NTR) provides crop inputs & services. It offers potash, nitrogen, phosphate & sulphate products, & financial solutions. The company also distribute through approximately 2000 retails locations in US, Canada, South America & Australia. It is based in Canada, comes under Basic Materials sector & trades as “NTR” ticker at NYSE. NTR started impulse […]
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EMN – Favors Flat Correction Before Turning Higher
Read MoreEastman Chemical Company (EMN) operates as specialty materials company globally. It serves transportation, personal care, wellness, food, feed, agriculture, building & construction, water treatment, energy, consumables, durables & electronic markets. It is based in Kingsport, Tennessee, US, comes under Basic Materials sector & trades as “EMN” ticker at NYSE. EMN favors a flat correction since […]
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Canada Index (TSX) Needs One Wave Down To End A Double Correction
Read MoreThe S&P/TSX is a major stock market index which tracks the performance of largest companies by market capitalization on the Toronto Stock Exchange in Canada. It is a free float market capitalization weighted index. The index covers approximately 95 percent of the Canadian equities market. The S&P/Toronto Stock Exchange Composite Index has a base value […]
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Elliott Wave View: Further Downside in AMD Expected
Read MoreAMD shows incomplete bearish sequence and looking for further downside. This article and video look at the Elliott Wave path.
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Elliott Wave View: SPY Starts A New Leg Lower
Read MoreShort term Elliott Wave view in SPY suggests the decline from 3/30/2022 high is unfolding as a 5 waves. Down from wave ((B)), wave (1) ended at 385.15, and rally in wave (2) ended at 417.44. The ETF then extends lower in wave (3) towards 362.17. Rally in wave (4) completed at 393.16 with subdivision […]
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$MC : Luxury Producer LVMH Provides an Opportunity to Join the Rally
Read MoreMoët Hennessy Louis Vuitton, commonly known as LVMH, is a French multinational luxury goods company. Headquartered in Paris, LMVH was formed 1987 through a merger of the fashion house Louis Vuitton (founded in 1854) with Moët Hennessy (established in 1971). The company controls and manages 75 prestigious brands under the umbrellas of 6 branches: Perfumes […]