Lockheed Martin (NYSE: LMT) has a current market cap of $104.3B and $56.46B in revenue, outperforming the defense sector companies in the recent years. The second quarter earnings report provided a clear indication that the bull case for the stock is intact with revenue up across the board. The technical picture for the stock is showing […]

DAX has reached 100% extension area in 3 waves from July 4 high and can see support soon. This article and video show the Elliott Wave path.

Hello fellow traders. Today, I want to share some Elliott Wave charts of the Nasdaq which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 07/21/19. showing that NQ ended the cycle from 06/13/19 low (7424.98) at the peak of 06/16/19 (8000) in red wave 1. […]

In this blog, we take a look at the past performance of 1 hour Elliott Wave charts of BAC. In which our members took advantage of the blue box areas.

Elliott Wave view suggests FTSE ended a double three correction in wave ((ii)) on July 25 low (7464.50). We can see from the chart below the internal of wave ((ii)) as a double three. Wave (w) ended at 7475.49, wave (x) ended at 7598.60, and wave (y) of ((ii)) ended at 7464.50. After ending wave […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of ASX.  As our members know ASX is another Index that is showing incomplete bullish sequences in the cycle from the December 2018 low.  Rally from the 5413.6 low is showing incomplete impulsive structure, calling for […]