ConocoPhillips (NYSE: COP) is an American multinational energy corporation that was created through the merger of American oil companies Conoco and Phillips Petroleum Company on August 30, 2002. Since February 2016, COP rallied higher within an impulsive 5 waves advance for almost 3 years before ending that cycle in October 2018. Then the stock turned lower into a […]

A few months ago, we were expecting Microsoft to trade into the $157.00-$172.00 area. We observed a very technical impulse from all-time lows where wave (III) is ending. We explained the whole idea in the following blog Microsoft Elliott Wave View: Why It Will Be Supported Into $157.78-$172.77 Area. The area has now been reached, but […]

In today’s article, we’ll be taking a look at the current Elliott Wave Structure for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to new all time highs before the cycle ends on November at $125.69. Down from there, it started a […]

Russell 2000 (RTY_F) shows a 5 waves impulse Elliott Wave structure from August 26, 2019 low. In the 45 minutes chart below, we can see wave (4) of the impulse structure ended at 1627.3. The Index has resumed higher in wave 5 with subdivision of another 5 waves in lesser degree. Up from 1627.3, wave ((i)) […]

Nasdaq shows a 5 waves rally from Jan 8 low. As long as the pullback stays above there, Index can see more upside. This article looks at Elliott Wave path.

In this blog, we take a look at the past performance of 1 hour Elliott Wave charts of FCX In which our members took advantage of the blue box areas.