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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SMH Semiconductor ETF Reacted from a Blue Box Breaking to New Highs
Read MoreThe VanEck Semiconductor ETF (SMH) is an exchange-traded fund that tracks a market-cap weighted index composed of 25 of the largest U.S.-listed semiconductor companies. The top holdings of SMH include companies like NVIDIA, Taiwan Semiconductor Manufacturing, Broadcom Inc., Texas Instruments, QUALCOMM, ASML Holding N.V., Applied Materials, Inc., Lam Research Corporation, Micron Technology, Inc., and Advanced Micro Devices, Inc. SMH 4 Hour Chart April 19th In March 2024, the ETF […]
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Elliott Wave Analysis on Tesla (TSLA) Suggests A Double Correction
Read MoreTesla (TSLA) is looking to correct in a double three. This article and video look at the Elliott Wave path of the stock.
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Elliott Wave Analysis on S&P 500 ETF (SPY) Calling for More Upside
Read MoreS&P 500 ETF (SPY) shows an impulsive structure from 4.20.2024 low favoring more upside. This article and video look at the Elliott Wave path.
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There is no Reason to Sell iShares Silver Trust (SLV)
Read MoreThe iShares Silver Trust (SLV) is an exchange-traded fund (ETF) that tracks the price performance of the underlying holdings in the London Bullion Market Association (LBMA) Silver Price as of August 2014. If you’re interested in investing in silver, SLV provides exposure to the silver market without the need to physically hold the metal. SLV 360 Min Chart May 7th At […]
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XLP Resuming Higher From Another Blue Box Area
Read MoreIn this blog, we take a look at the past performance of XLP charts. In which, the ETF made a new high from the blue box area.
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FCX (Freeport-McMoRan) Favors Upside Bullish Sequence
Read MoreFreeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for Copper, Gold, Molybdenum, Silver & other metals. It is based in Phoenix, Arizona, US, comes under Basic Materials sector & trades as “FCX” ticker at NYSE. As showing in the previous article, FCX extend higher […]