Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX .  As our members know DAX has recently given us pull back against the March 8239.5 low that has unfolded as Elliott Wave Zig Zag Pattern. We were calling cycle from the March low […]

Chipotle Mexican Grill (NYSE: CMG) has been able to adapt within the current  pandemic situation by adjusting its operations to handle digital orders and and made deliveries. Last week , the stock hit a record high, going over $1,000 per share for the first time and it’s currently up 125% since the March bottom. The technical outlook […]

Nasdaq is within wave 5 from March 23 low. Dips can continue to find support in 3, 7, 11 swing. This article & video look at the Elliott Wave path.

The next entry in the theme of Corona Virus stocks is Inovio Pharmaceuticals Inc.  Inovio has had a steady advance during the COVID-19 spreading worldwide.  It also remains very technical as with all other stocks. Lets take a look at what they do as a company: “The Inovio technology is based on inserting engineered DNA into cells […]

In this blog, we are going to take a look at the Elliott Wave chart of RTY_F (E-mini Russell 2000). The 1 hour NY Midday chart update shows that the cycle from April 29 peak is unfolding as a zig-zag pattern. Wave (A) ended at 1220.1 low and wave (B) bounce ended at 1341.7 high. […]

$SPY made a sharp decline last week and our members knew that the decline was corrective and it was another opportunity for buyers to enter the market to resume the rally for new highs or produce a larger 3 waves bounce at least. In this article, we would look at the forecast from last week […]