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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Elliottwave Count Suggests Target ( TGT ) Can Break $60
Read MoreTarget ( TGT ) Looking at the March report for February US Retail Sales numbers we find the current level of sales at 445.66B, down from 446.71B last month. This represents a monthly annualized growth rate of -2.82%, compared to a long term average annualized growth rate of 4.17%. Is this a blimp or is […]
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General Motors: The Price Action is Key for World Indices
Read MoreMost of the World Indices have ended the cycle from the post-2009 Financial crisis low. But still, there are few Indices which are due for another cycle higher. SPX and SPY are running in an Elliott Wave Impulse structure. We at Elliott Wave Forecast believe in the idea of combining other Financial Instruments and relate […]
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HDFC Bank Elliott Wave Cycle from 2009 Getting Mature
Read MoreHDFC Bank Limited (Housing Development Finance Corporation) is an Indian banking and financial services company headquartered in Mumbai, India. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bharain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalization as of […]
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Elliott Wave View: S&P 500 (SPX) Ending Wave 5
Read MoreS&P 500 (SPX) cycle from Dec 2018 low remains in progress. This video and article explains the short term Elliott Wave path & alternates.
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Canopy Growth Corporation (NYSE: CGC) Bullish Cycle in Progress
Read MoreCanopy Growth Corporation (NYSE : CGC) is a Canadian cannabis company which was known as Tweed Marijuana Inc. before it was renamed in 2015. As of late September 2018, Canopy became the world’s largest cannabis company, based on market capitalization. Since last December, CGC saw a strong rally achieving 90% gains in just 2 months […]
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BABA Elliott Wave View: Found Buyers in Blue Box and Rallied
Read MoreHello fellow traders. Today, I want to share some Elliott Wave charts of the BABA stock which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 03/28/19. showing that BABA ended the cycle from 03/07/19 low (171.55) at the peak of 03/19/19 (183.48) in red wave […]