Short Term Elliott Wave View on Nasdaq Futures (NQ_F) shows 5 waves impulsive Elliott Wave rally from October 3, 2019 low.  On the chart below, we can see the pullback to 7586.99 ended wave ((ii)). The Index has resumed higher and wave ((iii)) has completed at 8282.25. Subdivision of wave ((iii)) unfolded as 5 waves impulse […]

In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave charts of AMZN, which we presented to members. But, firstly we need to understand the market nature that it always fights between the two sides i.e Buying and Selling. We at elliottwave-forecast.com understand the Market Nature and always recommend trading the […]

Short Term Elliott Wave View on Chesapeake Energy Corp (ticker: CHK) shows 5 waves impulsive Elliott Wave decline from November 5 high.  The bounce to $1.59 in the stock ended wave (2) as a double three Elliott Wave structure. On the chart below, we can see wave X of this double three ended at $1.33 and […]

Dow Jones Future (YM_F) rally from Oct 3 low is impulsive. The 5 waves rally should end soon & Index should pullback in 3 waves before the next leg higher.

Russell is close to break above May 6, 2019 (1621.9). A break above will open up a bullish sequence. This article & video look at the Elliott Wave path.

In today’s blog, we will recap the blog I did recently about the Vipshop stock. The stock is traded as VIPS at the NYSE. In the blog, I pointed out that Vipshop should continue its recovery after the stock lost almost 77% of its value. Starting from its February 2019 peak. The stock dropped to $4.28 […]