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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SPDR Industrial Select ETF ( $XLI) Found Buyers at the Blue Box Area as Expected.
Read MoreHello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Industrial Select ETF ($XLI). The rally from 1.17.2024 low at $109.95 unfolded as 5 waves impulse. So, we expected the pullback to unfold in 7 swings and find buyers again. We will explain the […]
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Is The Phrase “Sell in May and go away” an Urban Legend?
Read MoreThe phrase “Sell in May and go away” originated in England in 1776, more specifically in London’s financial district. The full version of the saying was “Sell in May and go away, come back on St. Leger’s Day,” referring to the St. Leger’s Day horse race (September 15th). This adage got famous in 1930s. It is […]
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Google, CAT And World Indices: How To Create A Forecast Within The Same Cycle
Read MoreThe market is hard to understand and decipher. Many traders use tools like Indicators, Theories, Fundamentals, and Math, among others, to forecast and trade the market. Over the years, we created our system at EWF using Elliott Wave Theory, some Indicators, sequences, cycles, and distribution to create a higher possibility forecast. The Elliott Wave Theory is subjective. […]
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Elliott Wave Analysis Favors DAX to Extend Higher
Read MoreDAX has ended correction and turned higher. this article and video attempt to look at the short term Elliott Wave path for the Index.
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Elliott Wave Calling for FTSE to Extend Higher
Read MoreFTSE Has Ended Correction and Extended Higher. This article and video look at the Elliott Wave path of the Index in shorter cycle.
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$YM_F Dow Futures Reacting Higher After Double Correction Lower
Read MoreThis technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F. We presented to members at the elliottwave-forecast. The rally from the 03 October 2022 low unfolded as an impulse structure and showed a bullish sequence. The index should see more upside extension to complete the impulse sequence. […]