Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Dow Jones (YM #F) Mini Features published in members area of www.elliottwave-forecast.com. As our members know, we were kept saying that Dow Jones is having incomplete bullish sequences in the 1 Hour cycle targeting 24379 area […]

Dow Future Short Term Elliott Wave view suggests that rally to 24536 ended Minor wave 1 and Minor wave 2 ended at 24071 as a triple three Elliott Wave structure. The Index has since broken above Minor wave 1 at 24536 which suggests the next leg higher has started. Up from 24071, the rally is progressing as 5 […]

Many Indices traders have heard about the phrase “Sell in May and go away”. We at Elliottwave-Forecast.com only trade based in the technicals  do not use any Fundamental criteria or news events in our forecast. We trade based in Cycles, Sequences, Correlations and Elliott wave. We Identify extremes in Price and also time and provide members […]

FCX ( Freeport Macmoran INC) Short-term Elliott Wave view suggests that the decline to November 15 low 13.25 ended Minute wave ((b)). Above from there, the stock is showing a strong rally to the upside and structure looks to be unfolding as an impulse Elliott Wave structure due to the extension in 3rd leg higher. Also, each leg has internal oscillations of 5 […]

Dow Future Short Term Elliott Wave view suggests that the decline to 23205 ended Intermediate wave (4). Intermediate wave (5) is in progress as an Ending Diagonal Elliott Wave structure where Minor wave 1 ended at 24536 and Minor wave 2 ended at 24073. The Index has broken above Minor wave 1 at 24536 which suggests the […]

NASDAQ (NQ #F) rally from 6232.28 low has unfolded as a 5 Waves Impulse where wave (i) completed at 6339.75, wave (ii) ended at 6232.50, wave (iii) completed at 6427.75 and dip to 6383 completed wave (iv). Index has already made a new high above 6427.75 and also reached inverse 1.236 Fibonacci extension of wave […]