Indices Drop To End The Week Due To New Tariffs on Mexico or Technical?
President Donald Trump threatened on Thursday to impose new tariffs on Mexico if the country does not step up its immigration enforcement actions, combining his boiling border-related frustrations with his…
Elliott Wave View: Further Downside in Dow Jones Futures (YM_F)
Elliott Wave view on Dow Jones Future (YM_F) suggests that the sequence from April 24, 2019 high (26694) remains incomplete and Index can see further downside. Short term, the rally…
Elliott Wave View: S&P 500 (SPX) Has Resumed Lower
Short term Elliott Wave view on S&P 500 (SPX) suggests that it has resumed the next leg lower. The Index has ended the cycle from December 26, 2018 low after…
NASDAQ Calling The Turn Lower After Double Three Pattern
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of NASDAQ published in members area of the website. As our members know,…
Elliott Wave View: Russell Should Extend Lower
Elliott Wave sequence in Russell (RTY_F) from May 6, 2019 high (1621.9) appears incomplete favoring further downside. The bounce to 1571.5 in the Index ended wave X. Index has extended…
Paypal ( NASDAQ: PYPL) – Bulls are Looking for Further Profits
Paypal ( NASDAQ: PYPL)Â is a payment processor platform that enables digital and mobile payments on behalf of consumers and merchants worldwide providing an electronic alternative to traditional paper methods like…
Elliott Wave View: Dow Jones Future YM_F Rally Should Fail
Short term Elliott Wave view on Dow Jones Future (YM_F) calls for the bounce to 25952 as wave ((B)). This move higher is a correction to the decline from April…
Russell Futures Forecasting The Path using Elliott Wave Theory
Russell Futures, today dropped below 5/13/2019 peak and now showing an incomplete sequence down from 5/6/2019 peak. In this blog, we will take a look at how our recent short-term…
XOM Reacting Lower From Elliott Wave No Enemy Area
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave charts of Exxon Mobil ticker symbol: XOM, which we presented to members.…