The Impact of a Potential WWIII on Financial Markets
The ongoing conflict between Russia and Ukraine has raised concerns about the possibility of it escalating into a global conflict, potentially leading to World War III. While such a scenario…
Elliott Wave Analysis: BAC Found Support From Blue Box
Hello traders. Welcome to another blog post where we share how members of Elliottwave-Forecast trade using the Elliott wave theory. In this post, the spotlight will be on the Bank…
Elliott Wave View: Strong Impulsive Rally in American Airlines (AAL) Favors Upside
Short Term Elliott Wave in American Airlines (AAL) suggests that rally from 11.6.2024 low is in progress as an impulse. Up from 11.5.2024 low, wave ((i)) ended at 15.13 as…
Gold Miners Junior (GDXJ) Correction Has Ended
The VanEck Junior Gold Miners ETF (GDXJ) is an exchange-traded fund that tracks the overall performance of small-capitalization companies primarily involved in gold and silver mining. Launched in 2009, GDXJ…
NU Holdings (NU) Should Pullback Before Next Rally
NU Holdings Ltd., (NU) provides digital banking platform in Brazil, Mexico, Colombia, Germany, Argentina, United States & Uruguay. It offers spending solutions comprising credit & prepaid cards, mobile payment solutions…
Elliott Wave View S&P 500 (SPX) Wave 5 in Progress
Short Term Elliott Wave view on SP500 (SPX) suggests rally from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave 1 ended at 5627.56…
DKNG Looking To Resume Higher After Completing The Pullback
The Draft Kings, Inc. ticker symbol: DKNG is a digital sports entertainment and gaming company engaged in providing online sports betting. Online casinos, daily fantasy sports product offerings, Draft Kings…
Dow Futures (YM) extends bullish sequence from zigzag pullback
Hello traders. Welcome to another trading and educational blog post. We will discuss the Zigzag corrective sequence today while using the Dow Futures YM ($YM_F) as a case study. About…
Elliott Wave View: Nasdaq ETF (QQQ) Looking for More Downside
Rally in Nasdaq ETF (QQQ) from 10.13.2022 low is in progress as a 5 waves impulse. Up from 10.13.2022 low, wave ((1)) ended at 296.88 and wave ((2)) ended at…