In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
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Elliott Wave View: Tesla Resumes Higher
Read MoreTesla (TSLA) is rallying as an Elliott Wave impulse structure and near term can see further upside while above Nov 27 low.
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PepsiCo (NASDAQ: PEP) Impulsive Rally Still in Progress
Read MorePepsiCo (NASDAQ: PEP) is an American multinational food, snack, and beverage corporation offering food (brands include Frito-Lay and Quaker) and drinks, including Pepsi, Tropicana, and Gatorade. PEP rally since May 2018 is unfolding as an impulsive Elliott Wave structure which currently can still see further upside within an extended wave (5) of of wave ((3)) and reach equal legs area […]
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XLV Buying The Short-term Pullbacks At Blue Box Areas
Read MoreIn this blog, we take a look at the past performance of 1 hour Elliott Wave charts of XLV. In which our members took advantage of the blue box areas.
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Elliott Wave View: Apple (AAPL) Ending Wave 5
Read MoreShort-term Elliott Wave view in Apple (ticker: AAPL) suggests that the pullback to 256.31 on December 3, 2019 low ended wave (4). The stock has resumed higher within wave (5) and the internal is unfolding as a 5 waves Elliott wave impulsive structure. Up from 256.31, wave ((i)) ended at 263.31, and wave ((ii) pullback […]
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U.S. Stock Market Surged as November Payroll Smashed Expectation
Read MoreU.S. stock market surged as November Nonfarm Payroll came out strong at 266,000. Unemployment rate also fell to 3.5%, which is at 50-year low since 1969. The result smashed the consensus expectation of 185,000. Stocks leaped higher after the blockbuster number as the US economy is firing on all cylinder. There was initially some concern […]
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Ten Year Notes ($ZN_F) low on 10.08.2018 Will Decide The Extension In $SPY
Read MoreTen Year Notes ($ZN_F) low 10.08.2018 will decide the Extension in $SPY Many Traders use to trade only one instrument and fall into the trap of isolation resulting in seeing only just a little piece of the whole Market. We at elliottwave-forecast.com pay attention to the entire Market because we believe each instrument plays a part in the whole market. […]