GDX has made a 7 year high and still shows incomplete sequence to the upside. This article and video looks at the Elliott Wave path.

The next entry in the theme of Corona Virus stocks is Moderna Inc.  Moderna has had a more steady advance during the COVID-19 spreading worldwide. As such, it is a bit more stable than other names I have covered.  That’s not to say that it hasn’t had astounding returns, which it has, but it is […]

BAC has ended wave (4) correction and expected to extend lower. This article and video looks at the short term Elliottwave path.

Continuing along the theme of Corona Virus stocks, this week Novavax Inc. is next up in line.  Novavax has gone parabolic with the COVID-19 spreading worldwide as with the other names I have covered.  It also remains very technical, and I think there could a few more swings up before a longer term top is […]

Last year, the streaming TV ROKU (NASDAQ:ROKU) ended the entire rally since IPO as an impulsive 5 waves advance which is a bullish structure followed by a Double Three corrective structure. Based on the Elliott Wave Theory, after an instrument ends the correction it will either resume the rally within the main trend or bounce in 3 […]

Short Term Elliott Wave view in S&P 500 ETF (SPY) suggests the rally from March 23, 2020 low low is unfolding as a 5 waves impulse. Up from 3.23 low (218.26), wave (1) ended at 263.7, and pullback in wave (2) ended at 242.94. Index has resumed higher in wave (3) as another 5 waves […]