Weekly Elliott Wave Counts Suggest The Correction Is Nearing Completion The Elliott Wave analysis for Hindustan Copper Ltd. (NSE) indicates a correction on the weekly chart. The broader structure follows a five-wave sequence, with waves ((1)) and ((3)) already completing their upward moves. Currently, wave ((4)) is unfolding as a double zigzag pattern (W-X-Y). Wave […]

Hello Traders! In today’s update, we’ll revisit the Elliott Wave structure of Modine Manufacturing Co. ($MOD) and provide insights into the next phase of its price action. You can check the last article here. As anticipated, the 5-wave impulsive cycle from May 2023 has concluded, and a corrective pullback has begun. This pullback presents a […]

IWM barely breached the November 2021 high before a significant pullback followed. However, the larger bullish cycle should resume in the coming weeks while current pullback ends above 161.69 pivot point. Where should buyers look for the next opportunity? The iShares Russell 2000 ETF (IWM) is one of the most widely traded exchange-traded funds (ETFs) […]

S&P 500 (SPX) is looking to correct as a double three Elliott Wave structure. This article and video look at the Elliott Wave path.

In the last two days, RGTI has had a strong fall, losing more than 50% of its value. The stock ended a cycle and began a correction. Now we are going to see what could happen to the Quantum technology company, from where it can rebound and the pivots that will tell us if the […]

Hello traders. Welcome to another ‘blue box’ blog post where we discuss trade ideas that Elliottwave-Forecast members took. In this one, we will discuss a recent AMD sell setup from the blue box. Looking at the big picture, we saw that $AMD completed a long-term bullish cycle. This cycle began in July 2015 and ended […]