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, TSM spent the year in a corrective structure after it ended the 5 waves advance from 2015 low. The stock did correction unfolded as 3 waves Zigzag […]

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 of the impulse from October 3 low ended at 8379. The pullback in wave 4 ended at 8231 as a zigzag Elliott Wave structure. Wave […]

SPX is showing 5 swings incomplete sequence from 12/26/2018 low suggesting dips should remain supported. This article & video show the Elliott Wave path.

$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 index composed of large and mid-sized companies in Canada. This is of course reflected in the price. The best Elliott Wave reading of the long […]

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 overwhelmingly voted 417 to 1 in favor of passing the bill. It is now waiting for President Donald Trump to sign. According to Bloomberg, Trump […]

Russell decline from Nov 5, 2019 high is corrective and pullback should find support in 3, 7, 11 swing. This video looks at the Elliott Wave path.