SPX has started wave 5 in an impulsive structure favoring more upside. This article and video look at the Elliott Wave structure.

Archer-Daniels-Midland company, commonly known as ADM, is a multinational food processing and commodities trading corporation. Founded 1902, headquartered in Chicago and traded under the ticker $ADM at NYSE, it is a component of the S&P500 index. First of all, ADM is engaged in corn and oilseeds processing. In general, the products are oils and meals […]

What is a Non- Cyclical Stock? Non-cyclical stocks are those whose underlying businesses are not disrupted by economic cycles. These companies offer products and services that meet consumers’ basic needs like food, power, water, and gas. Such non-cyclical stocks are also regarded as defensive stocks because they can help defend portfolios against an economic downturn […]

In this technical article we’re going to take a quick look at the Elliott Wave charts of SPX published in membership area of the website.  As our members know, S&P500 is trading within the cycle from the October 2022 low, which is unfolding as 5 waves structure.  We got 3 waves pull back which found […]

Hello Traders, in this article we will analyze our forecast for QQQ ETF in the short term cycle. Since the short term peak of QQQ from 05.01.2023 to end wave (i) we have been expecting a pullback within wave (ii) to take place. Here at Elliott Wave Forecast we have in place a system that […]

Morgan Stanley (MS), a financial holding company provides various financial products & services to corporations, governments, financial institutions & Individuals in the Americas, Europe, Middle East, Africa & Asia. It operates through Institutional Securities, Wealth Management & Investment management services. It is based in New York, US, comes under Financial services sector & trades as […]