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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Qubes Long Term Cycles & Elliott Wave $QQQ
Read MoreQubes Long Term Cycles & Elliott Wave $QQQ Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000. The ETF instrument mirrors the price movement of the Nasdaq. As shown below from the March 2000 highs the instrument […]
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Elliott Wave View: SPY Ending Wave 5 Soon
Read MoreSPY is ending a 5 waves rally from March 5, 2021 low. Short term, it should see more upside. This article & video look at the short term Elliott Wave path.
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$UFI: Textile Solutions Provider Unifi to Accelerate Higher
Read MoreUnifi Inc. is a global textile solutions provider based in Greensboro, North Carolina, USA. The stock being a component of the Russel3000 index can be traded under ticker $UFI at NYSE. Unifi is one of the world’s leading innovators in manufacturing synthetic and recycled performance fibers. The company is in a possession of proprietary technologies and […]
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Disney Wave ((4)) Has Not Ended And Needs To Talk More
Read MoreSince the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going to try to build an impulse from the March 2020 lows with a target around $230. Target measured […]
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XLI Found Buyers At The Blue Box And Reacted Higher
Read MoreXLI is an exchange traded fund (ETF) that tracks performance of the U.S industrial sector. In this blog, we look at an Elliott Wave analysis of the recent short term. Below, we have an Elliott Wave 1 hourly chart from 4/21/2021, wherein the ETF peaked at red wave 3 area. As per Elliot Wave theory, […]
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Torchlight Energy Resources ($TRCH) Moving Higher
Read MoreOil has hard a remarkable rally from the March 2020 low, and further upside is favoured to take place in the energy sector still. There is one energy producer that has vastly outperformed many other producers, Torchlight Energy Resources. From an all time low of 21 cents set in September 2020, to the recent peak […]