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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$FTSE 100 impulsive bounce from 9/15 lows
Read MoreThe $FTSE 100 index appears to be showing an impulsive bounce from the 9/15/17 lows. This is part of a larger leading diagonal up from the 2/11/16 lows. In an impulse that is bullish, market prices will go up in an impulsive manner on all time frames of trend. Impulses are always subdivided into smaller degree impulse […]
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World Stock Index has much more upside
Read MoreThe Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong. The Index records and monitors daily changes of the largest companies of the Hong Kong Stock Market. It is the main indicator of the overall market performance in Hong Kong. These 50 constituent companies represent about 58% of […]
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Nikkei ( NKD_F) Elliott Wave View: Diagonal Structure
Read MoreShort term Elliott wave view in Nikkei suggest that the cycle from August 29.2017 low (19055) is unfolding in 5 waves pattern. However looking at the internal subdivision of each wave the bounce looks corrective in nature with upside extensions. Thus suggesting that the Nikkei cycle from August 29 low (19055) could be following a leading Diagonal […]
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MU Micron Technology INC – Buy the Next Dip
Read MoreToday we are going to take a look at the weekly chart of the MU Micron Technology Inc. stock which shows a very interesting price structure. Before we proceed with the analysis, few words about the company. According to Wikipedia, Micron Technology Inc. is an American global corporation based in Boise, Idaho. Furthermore the company […]
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CVR Energy (CVI) Daily Bullish Sequence
Read MoreOn November 2016, CVR Energy (NYSE: CVI) made an important low to end a daily correction from 2013 peak, up from there the stock either started a new bullish cycle to take it toward new all time highs or it’s just doing a 3 waves bounce. We can notice that since last year low, CVI has outperformed the energy sector […]
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INTC INTEL Corporation Expected to Extend Higher
Read MoreThe INTC INTEL Corporation: The INTC INTEL Stock has the scope to extend higher as we can see in the monthly and weekly charts. Based on the proprietary tools ElliottWave-Forecast.com has implemented we will analyze below the INTC Stock in the Weekly time frame based 2 degrees. Swing Sequence Elliott Wave Structure Basic information about the Intel Corporation: […]