Fortinet Inc (NASDAQ: FTNT) is an American multinational corporation providing network security solutions such as firewalls, anti-virus, intrusion prevention and endpoint security. Since IPO, the stock started a bullish cycle within an impulsive Elliott Wave structure which is currently still in progress. It’s expected to continue making new all time highs as the more aggressive view is suggestion further extension […]

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

GDX rally from Nov 12 low is unfolding as a double zigzag Elliott Wave structure & while bounce stays below Nov 1 peak, it can extend lower.

Despite Beijing’s objection, President Trump has gone ahead and signed two bills backing Hong Kong’s protesters into law. Beijing has continuously voiced strong objection against the legislation as China sees it as meddling in its domestic affairs. Trump signed these bills as US and China still try to reach a phase one trade deal. China […]

FTSE shows a bullish Elliott Wave sequence from October 3, 2019 low favoring further upside. The rally from October 3 low is unfolding as a double three Elliott Wave structure. On the chart below, we can see wave ((w)) ended at 7431.94 and pullback in wave ((x)) ended at 7199.40. Internal structure of  wave ((x)) […]

Rally in in Russell 2000 (RTY_F) from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. The chart below shows wave ((iv)) of the impulse ended at 1579.28. Index is currently within wave ((v)) before ending the cycle from October 3 low. Up from wave ((iv)), wave i ended at 1592.8 and wave ii […]