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: FTSE Bullish Sequence Favors Higher
Read MoreFTSE shows a bullish Elliott Wave sequence from October 3, 2019 low favoring further upside. The rally from October 3 low is unfolding as a double three Elliott Wave structure. On the chart below, we can see wave ((w)) ended at 7431.94 and pullback in wave ((x)) ended at 7199.40. Internal structure of wave ((x)) […]
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Elliott Wave View: Russell (RTY_F) Ending Wave 5
Read MoreRally in in Russell 2000 (RTY_F) from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. The chart below shows wave ((iv)) of the impulse ended at 1579.28. Index is currently within wave ((v)) before ending the cycle from October 3 low. Up from wave ((iv)), wave i ended at 1592.8 and wave ii […]
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$NIKKEI Forecasting The Rally From The Blue Box
Read MoreHello fellow traders. NIKKEI has been very technical recently. The Futures was keep finding buyers at the Equal legs- Blue Box areas. We’re going to take a quick look at the Elliott Wave charts of NIKKEI published in the membership area of the elliottwave-forecast . NIKKEI ended cycle from the 22427 low as 5 waves […]
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Taiwan Semiconductor (NYSE: TSM) Impulse Rally Calling More Upside
Read MoreTaiwan 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 […]
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Elliott Wave View: Nasdaq (NQ_F) Extending Higher as Impulse
Read MoreElliott 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 […]
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Elliott Wave View: Bullish Sequence Suggests Supported SPX
Read MoreSPX is showing 5 swings incomplete sequence from 12/26/2018 low suggesting dips should remain supported. This article & video show the Elliott Wave path.