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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HDFC BANK Shares Broke Higher From An Ending Diagonal
Read MoreHDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India’s largest private sector bank by assets and world’s 10th largest bank by market capitalization as of April 2021, the third largest company by market capitalization of $122.50 billion on the Indian stock exchanges. It is also the fifteenth […]
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CVX (Chevron Corporation): Trading Higher and Supporting Oil
Read MoreChevron (CVX) has been trading in a huge up-trend since its inception in the market. The Symbol ended a Super-cycle degree back in 2014 and corrected for six years until it found buyers again in 2020. The Elliott Waves Theory basic rule is that the market trends in five waves and correct in three waves […]
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$SPCE: Virgin Galactic Reaching Weekly Buying Area
Read MoreVirgin Galactic is an American spacieflight company providing suborbital flights to space tourists. With reservation price of $450’000, in November 2021 there were as many as 700 active reservations. The company aims to see 3 launches per month starting 2023. Founded 2004 and headquartered in Mojave, California, USA, Virgin Galactic is a part of Russel1000 […]
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XLP Reacting Strongly From Elliott Wave Blue Box Area
Read MoreIn this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLP. In which, the rally from the 23 March 2020 low unfolded as an impulse and made a pullback to correct that cycle. So, we advised members not to sell it because higher time frames are still […]
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Elliott Wave View: IBEX Has Resumed Higher
Read MoreIBEX ended cycle from 3/7/22 low and it has extended higher. This article and video look at the Elliott Wave path for the Index.
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EXPE(Expedia Group Inc) : A Bullish Sequence Supports The Buying
Read MoreThe Market has been in a correction since the peak at 02.14.2022. Many Market participants have turned bearish and forgot about the trend. As we always do at EWF, we locate the trend, and always relate the instrument among different time frames and cycles. The Elliott Wave Theory comes with degrees and cycles like Grand […]