APPLE ticker symbol: AAPL short-term Elliott wave view suggests that the rally to $229.67 high ended intermediate wave 3 higher. The internals of that rally higher unfolded as impulse structure with the sub-division of 5 waves structure in it’s each leg higher. Down from $229.67 high, the instrument did a 7 swing pullback & completed […]

Since the latest major US elections, a lot of fuss (mainly via Twitter and various “MAGA” rallies) has been made over how President Trump’s economic agenda(s) produced the current leg of the rally in the American equity indices. And how the tax cuts have accelerated the current rally. We, at elliottwave-forecast.com, we disagree with the idea. […]

Tesla shares (TSLA) dropped sharply to as much as 10% to $252.25 in New York after the company disclosed that its chief accounting officer is resigning after less than a month into the job. The head of HR, who is currently on leave, also said she won’t be rejoining the company. This is the steepest […]

ES_F Short-term Elliott wave analysis suggests that the pullback to $2803.15 ended Minor wave 2 pullback. Up from there, the index has rallied higher into new highs confirming that Minor wave 3 has started. The internals of that rally higher is unfolding as impulse structure with the sub-division of 5 waves structure in the lesser […]

S&P500 E-Mini Futures ticker symbol: $ES_F Elliott wave view suggests that the pullback to $2803.34 low ended Minor wave 2. Up from there, the rally higher to $2917.50 high ended Minute wave ((i)). The internals of that rally higher unfolded as impulse structure with the sub-division of 5 waves structure in it’s each leg higher […]

FTSE short-term Elliott Wave view suggests that the rally to 7790.17 high ended intermediate wave (X) bounce. Down from there, intermediate wave (Y) remains in progress with instrument showing a lower low sequence. The internals of that leg lower is taking place as double correction lower due to overlapping price action happening from 7790.17 high […]