Elliott Wave View: DAX Remains Bullish
DAX shows a bullish sequence from December 27, 2018 low favoring further upside. Near term, the pullback to 11877 ended wave (2). Index has resumed higher in wave (3). Wave…
Elliott Wave View: Amazon Shares Price Recovers
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This…
Bank Of America ( $BAC ) Forecasting The Rally From The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bank Of America ( $BAC ). As our members know…
JP Morgen (JPM) Stock Completed Significant Breakout
Hello fellow traders. In today’s technical blog, we will have a look at the JP Morgan (JPM) stock. JPM has been in a big consolidation between 2018 and 2019. The stock…
Elliott Wave View: Tesla Starts Impulse Rally
Tesla soars by as much as 19% as the electric-car maker reported better than expected earnings. In addition, Tesla's new factory in China already starts production and model Y crossover…
Citigroup (NYSE: C) Impulsive Rally Extending for Year-End
Citigroup (NYSE: C) is currently up $34 year-to-date and the stock is still aiming for further gains before year-end as the financial sector continues the recovery from last year correction.…
Elliott Wave View: Netflix Looking to Resume Lower
Short Term Elliott Wave view on Netflix (Ticker: NFLX) suggests that the spike to $318.79 on October 17, 2019 ended wave ((4)). Internal subdivision of wave ((4)) unfolded as a…
Elliott Wave View: Nasdaq Pullback Should Continue To Find Support
Nasdaq shows a short term Elliott Wave bullish sequence from August 6, 2019 low favoring more upside. The pullback to 7480.72 ended wave (2) and the Index is now in…
DAX Bullish Sequence Aims for New All Time High
This month, DAX broke above 7/4/2019 peak (12656.05) and even though it's still below it's peak seen back on 1/23/2018 (13596.89), series of higher highs from 12/27/2018 (10279.20) calls for…
