Since the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going to try to build an impulse from the March 2020 lows with a target around $230. Target measured […]

XLI is an exchange traded fund (ETF) that tracks performance of the U.S industrial sector. In this blog, we look at an Elliott Wave analysis of the recent short term. Below, we have an Elliott Wave 1 hourly chart from 4/21/2021, wherein the ETF peaked at red wave 3 area. As per Elliot Wave theory, […]

Oil has hard a remarkable rally from the March 2020 low, and further upside is favoured to take place in the energy sector still.  There is one energy producer that has vastly outperformed many other producers, Torchlight Energy Resources.  From an all time low of 21 cents set in September 2020, to the recent peak […]

S&P 500 E-Mini Futures (ES) rally from March 5 low is in progress as an impulse. This article and video look at the Elliott Wave path.

Farmer Bros. Co is an U.S. american coffee foodservice company based in Nortlake, Texas, USA. Founded in 1912 and traded under tickers $FARM at Nasdaq, it is a component of the Russel2000 index. Farmer Brothers specializes in the manufacture and distribution of coffee, tea and other food items. Currently, we can see coffee and other […]

Today we look at Facebook (FB) after reaching the blue box, and its potential to continue higher Looking at the 1 hour chart from 4/14/2021 below, we see a five wave sequence up from the $277.10 levels. This move completed a cycle in red wave 3. Within the red wave 3 itself, we see a […]