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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$NEM Longer Term Bullish Cycles of The Newmont Corporation
Read More$NEM Longer Term Bullish Cycles of The Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle in September 1987 and pulled back really hard during the October 1987 crash. Price stabilized from there several […]
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$PFE Elliott Wave Cycles & Long Term Bullish Trend
Read More$PFE Elliott Wave Cycles & Long Term Bullish Trend The Pfizer Long Term Bullish Trend and Elliott Wave Cycles suggest the stock price will be trending higher. The cycles project it should continue toward the April 1999 highs while it is above the March 2020 lows. From the beginning of the stock trading it had […]
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Dow Futures (YM): A Double Three Correction Is Taking Place
Read MoreDow Futures (YM) the decline from August peak is taking a form of a double three structure. This article and video look at the Elliott Wave path.
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Matador Resources Co ($MTDR) Advancing in 5th Wave
Read MoreThe last time I analyzed this company (article can be found here), it was close to setting a low in wave ((2)) before moving higher in a wave ((3)). Before I get into the charts, lets check out the company profile: “Matador Resources Company is an independent energy company engaged in the exploration, development, production […]
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LUV (Southwest Airlines) shows a nice Elliott wave structure
Read MoreLUV (Soutwest Airlines) shows a very constructive price action since the all-time lows. We can see a very nice impulse or five waves into the peak in 2017. The Elliott Wave Theory’s main message is that the trend advances in five waves and then a pullback in three waves. The following chart is a representation […]
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Silver Miners ETF (SIL) Has Reached Support Area
Read MoreSilver Miners ETF (SIL) has been consolidating since bottoming on January 2016 low at 14.94. Presently, it has reached 100% fibonacci extension from August 2020 peak at $26.2 – 35.3. This means the instrument can soon see support and rally in 3 waves at least if not resuming higher. Let’s take a look at the […]