Elliott Wave View: Further Downside in Exxon Mobil (XOM)
Short term Elliott Wave view on Exxon Mobil (ticker: XOM) suggests the rally to 75.68 on September 16, 2019 high ended wave ((X)). The stock has turned lower and the…
Elliott Wave View: IBEX Ended Impulsive Rally
Short term Elliott Wave view on IBEX calls the rally from August 15, 2019 low (8405.39) as a 5 waves impulse Elliott Wave structure. Up from 8405.3, wave ((i)) ended…
CPER Copper Index Tracker Long Term Cycles & Elliott Wave
CPER Copper Index Tracker Long Term Cycles & Elliott Wave Firstly the CPER Copper Index Tracking instrument has an inception date of 11/15/2011. There is data in the HG_F copper futures before…
Elliott Wave View: Chesapeake Energy (CHK) Should See More Downside
Elliott Wave view on Chesapeake Energy Corp (ticker symbol: CHK) suggests the rally to 2.17 ended wave (B). This suggests the stock has turned lower in wave (C) and can…
Microsoft Elliott Wave View: Why It Will Be Supported Into $157.78-$172.77 Area
Many Instruments across the Market are ending the Super Cycle Degree from their 2009 lows. In this blog we will have a more in-depth view of Microsoft. With the break…
Lufthansa AG Stock Should Remain Weak In The Coming Weeks
Hello fellow traders. In today’s blog, we will have a look at the Lufthansa AG stock. The stock is listed in the DAX 30. Lufthansa AG is the biggest German airline and has…
Bank Of America (NYSE: BAC) Inverted Head & Shoulder
Bank Of America (NYSE: BAC) recovered 50% of the 2008 financial crisis crash while majority of banks already rallied back to new all time highs. The stock is still showing…
The TLT Longer Term Cycles and Elliott Wave Analysis
The TLT Longer Term Cycles and Elliott Wave Analysis Firstly the ETF fund TLT inception date was on July 22, 2002. This instrument seeks to track the investment results of an index…
Elliott Wave View: SPY Can See Further Strength in Short Term
SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 - 313.2. In the chart below, we took the…
