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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SOXX Near To Complete A Market Cycle From December 2018
Read MoreSOXX is semiconductor ETF to provide concentrated exposure to the 30 largest US-listed semiconductor companies. This includes (i) manufacturers of materials with semiconductors that are used in electronic applications or in LED and OLED technology and (ii) providers of services or equipment associated with semiconductors. SOXX Daily Chart The market cycle began on December 2018 […]
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QuantumScape ($QS) finally ready to rally?
Read MoreThe last time I looked at this chart was spring of 2021, in April. At the time, I was looking for continued downside to take place before resuming higher. You can view this article here. What happened after I analyzed this chart? Pretty much as expected. Lets take a look at the view back in […]
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Elliott Wave View: S&P 500 (SPX) Correcting Larger Degree
Read MoreSPX ended cycle from March 2020 and correcting that cycle in larger degree 3, 7, 11 swing. This article and video look at the Elliott Wave path.
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$CAC40 Index Longer Term Swings & Bullish Cycles
Read More$CAC40 Index Longer Term Swings & Bullish Cycles Firstly the CAC 40 index has been trending higher with other world indices where in September 2000 it put in an all time high. From there it followed the rest of the world indices lower into the March 2003 lows which was a larger degree pullback. From […]
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Elliott Wave Forecast: Silver Miners (SIL) Doing Flat Correction
Read MoreSilver Miners (SIL) reached the support area from August 6 peak in 7 swing and reacted higher. However, in the last few trading sessions, the ETF has taken a turn lower. What’s the outlook for the ETF and what alternative should we consider? Let’s take a look at the Elliott Wave update below: SIL Monthly […]
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Elliott Wave View: Dow Futures (YM) Looking for More Downside
Read MoreDow Futures ended cycle from October 1 low and correcting that cycle. This article and video look at the Elliott Wave path of the Index.