Elliott Wave View: Russell (RTY_F) Ending Wave 5
Rally in in Russell 2000 (RTY_F) from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. The chart below shows wave ((iv)) of the impulse ended at 1579.28. Index…
$NIKKEI Forecasting The Rally From The Blue Box
Hello fellow traders. NIKKEI has been very technical recently. The Futures was keep finding buyers at the Equal legs- Blue Box areas. We’re going to take a quick look at…
Taiwan Semiconductor (NYSE: TSM) Impulse Rally Calling More Upside
Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is the world's largest dedicated independent (pure-play) semiconductor foundry and it's located in the Hsinchu Science and Industrial Park in Hsinchu, Taiwan. In 2018,…
Elliott Wave View: Nasdaq (NQ_F) Extending Higher as Impulse
Elliott Wave View in Nasdaq (NQ_F) suggests that the rally from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. On the chart below, we can see wave 3…
Elliott Wave View: Bullish Sequence Suggests Supported SPX
Elliott Wave View in SPX suggests that the sequence in the index from December 26.2018 low remains incomplete to the upside suggests any dips should remain supported in 3, 7…
$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave
$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave Firstly the EWC instrument inception date was 3/12/1996. The iShares MSCI Canada ETF seeks to track the investment results of an…
Will the Passing of Hong Kong Human Rights and Democracy Act Threaten Stock Market Rally?
Some market participants worry that the passing of Hong Kong Human Rights and Democracy Act can reverse the gain in stock market. Both the US Senate and House of Representative…
Elliott Wave View: Correction in Russell Should Find Buyers
Short Term Elliott Wave view on Russell (RTY_F) suggests that the Index ended wave 2 at 1463.14. The Index then resumes higher and ended wave 3 at 1613.60. The internal…
Elliott Wave View: Further Downside in Exxon Mobil
Exxon Mobil (ticker symbol: $XOM) shows an incomplete 5 swing Elliott Wave sequence from April 23, 2019 high favoring further downside. In the short term chart below, we can see…