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TSLA Managed To Reach Another Blue Box Buying Area

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In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Tesla ticker symbol: TSLA. We presented to members at the elliottwave-forecast. In which, the rally from 22 April 2024 low ended in an impulse structure. But showing a higher high sequence within the cycle from January 2023 low supports more upside. Therefore, we advised members not to sell the stock & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

TSLA 4-Hour Elliott Wave Analysis: February 9, 2025

TSLA 4-hour Elliott Wave chart showing impulse structure and correction

TSLA 4-hour chart showing completed impulse wave and double three correction

Here’s the 4-hour Elliott wave chart from the 2.09.2025 weekend update. In which, the cycle from the 4.22.2024 low ended in wave ((3)) at $488.54 high. Down from there, the stock made a pullback in wave ((4)) to correct that cycle. The internals of that pullback unfolded as Elliott wave double three structure where wave (W) ended at $373.04 low. Wave (X) bounce ended at $439.74 high and wave (Y) managed to reach the blue box area at $323.98- $252.46. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

TSLA 4-Hour Elliott Wave Update: February 16, 2025

TSLA 4-hour chart showing bounce from blue box area

Latest TSLA chart showing reaction higher from blue box support

This is the latest 4-hour Elliott wave Chart from the 2.16.2025 weekend update. In which the stock is showing a reaction higher taking place, right after ending the double correction within the blue box area. However the bounce needs to react higher minimum towards $380.19 level to allow longs to get into a risk-free position. Later on, it would need to see a break above $488.54 high to confirm the next extension higher & avoid deeper pullback.

If you are looking for real-time analysis in TSLA along with the other Stocks & ETFs then join us with a 14-Day Trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial

SPX Reacting Higher From Extreme Equal Legs Area

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In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of SPX. We presented to members at the elliottwave-forecast. In which, the rally from 13 January 2025 unfolded as an impulse structure. And showed a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the index & buy the pullback in 3, 7, or 11 swings. Based on Elliott wave hedging area looking to get 3 wave reaction higher at least. We will explain the structure & forecast below:

SPX 1-Hour Elliott Wave Chart From 2.01.2025

SPX Reacting Higher From Extreme Equal Legs Area

Here’s the 1-hour Elliott wave chart from the 2.01.2025 update. In which, the cycle from the 13 January low ended in wave 1 as an impulse structure at $6128.18 high. Down from there, the index made a pullback in wave 2 to correct that cycle. The internals of that pullback unfolded as Elliott wave zigzag structure where wave ((a)) ended at $5962.92 high. Then wave ((b)) bounce ended at $6120.91 high and wave ((c)) was expected to reach the Elliott wave hedging area at $5954.89- $5851.75 area. From there, buyers were expected to appear looking for next extension higher or do a 3 wave reaction higher at least.

SPX Latest 1-Hour Elliott Wave Chart From 2.11.2025

SPX Reacting Higher From Extreme Equal Legs Area

This is the latest 1-hour Elliott wave Chart from 2.11.2025 Asia update. In which the SPX is showing a strong reaction higher taking place, right after ending the zigzag correction within the equal legs area. Allowed members to create a risk-free position shortly after taking the long position. However, a break above $6128.18 high is needed to confirm the next extension higher & avoid double correction lower.

If you are looking for real-time analysis in SPX along with the other indices then join us with a 14-Day Trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

S&P 500 E-Mini (ES_F) Elliott Wave:Forecasting the Future Path

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Hello traders ! In this technical article, we’re going to take a quick look at the Elliott Wave charts of the S&P 500 E-Mini (ES_F Futures) , published in the members area of the website.

As our members know, $ES_F recently provided a solid trading setup. The main outlook remains bullish, with the market currently correcting the cycle from the August 5812.28 low.

In this article, we’ll explain our forecast and the best way to approach trading $ES_F.

ES_F 1-Hour Chart Analysis: January 27, 2025 Wave Pattern

Futures show an impulsive decline from the peak. Consequently, we assume that the price is nearing the completion of the first leg of a deeper wave 2 (red) pullback, unfolding as a Zig-Zag pattern. We expect to see a three-wave bounce in ((b)), followed by another leg down in wave 2 (red). The final target for wave 2 (red) will depend on how far wave ((b)) extends to the upside.

S&P 500 E-Mini 1-Hour Elliott Wave Chart January 27, 2025 showing wave patterns

S&P 500 E-Mini (ES_F) 1-Hour Elliott Wave Chart showing wave 2 correction pattern

 

ES_F 1-Hour Chart Update: February 2, 2025 Market Correction

$ES_F has completed a clear five-wave decline from the peak—((a)) in black—followed by a three-wave bounce in ((b)), as anticipated. The market is now likely in the final ((c)) leg of the correction.As long as the price remains below the 6148.21 peak, $ES_F  can see a drop toward the 5934.5–5884 area to complete wave 2 (red) before resuming the larger trend.

If you’re not already long and risk-free from the previous blue box area, the best approach to trading $ES_F would be to wait for a break above the 1 red peak. Once that happens, we can look for an intraday pullback to buy the dips in the 3, 7, and 11 swings. You will also receive further support in the Live Trading Room and 24h Chat Room.

24/7 Expert Market Analysis in Our Trading Community

Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

You can find detailed information on trading setups in the membership area and in the Live Trading Room

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

S&P 500 E-Mini 1-Hour Elliott Wave Chart February 2, 2025 showing correction pattern

Updated ES_F Elliott Wave Chart showing completion of wave ((a)) and ((b)) with potential ((c)) wave target

 

Master Elliott Wave Trading With Our Proven Strategy

Thank you for exploring our S&P 500 E-Mini (ES_F) Forecast with us. While we analyze 78 instruments, it’s important to remember that not every chart represents a trading recommendation. For official trading signals, we invite you to join our Live Trading Room, where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-day trial to unlock new trading opportunities.

Over the years, we’ve developed a reliable trading strategy that clearly defines entry, stop loss, and take profit levels. By joining us, you’ll gain access to expert guidance and the chance to refine your trading skills.

Start Your Trading Success Journey Today

📈 Elevate your trading with Elliott Wave Forecast!

💻 Ask unlimited questions during trading hours (Monday to Friday). Our Chat Rooms are an excellent place to learn, with continuous support from our market experts!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

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FTSE In Process Of 5 Waves Advance With Pullback Expectation

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Short Term Elliott Wave View in FTSE index shows that the Index breaks to new all-time highs confirming the right side of the market remains bullish. The rally from 12.20.2024 low looks to be extending higher in an impulsive structure within wave 1. While pullback to 8002.28 low ended wave (4) as a triangle consolidation & made new highs supports more strength to continue. Up from wave (4), wave (i) ended at 8152.01 high and wave (ii) pullback ended at 8094.88 low.

The Index resumed higher in wave (iii) which ended at 8270.60 high. Pullback in wave (iv) ended at 8189.50 low. The final leg wave (v) ended at 8326.32 low which also completed wave ((i)) in higher degree. Index then pullback in wave ((ii)) which ended at 8192.31 low. Index has resumed higher again in wave ((iii)). Up from wave ((ii)) low, lesser degree wave (i) ended at 8244.31 high. Pullback in wave (ii) ended at 8193.54 low. Wave (iii) higher ended at 8584.73 high and pullback in wave (iv) ended at 8527.92 low. Then final push higher towards 8586.68 high ended wave (v) thus completed wave ((iii)). Down from there, wave ((iv)) pullback ended at 8462.18 low. Near-term, as far as dips remain above 8462.18 low the index is in process of 3 waves advance with 1 more push higher. Minimum towards 8616.11- 8663.95 area higher to end wave ((v)) of 1. Afterwards, a pullback in wave 2 is expected to take place in 3, 7 or 11 swings before more upside resumes.

FTSE 1-Hour Elliott Wave Chart From 1.29.2025

FTSE In Process Of 5 Waves Advance With Pullback Expectation

FTSE Elliott Wave Video

 

SPX Pullback Expected To Hold in 3, 7 Or 11 Swings

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Short Term Elliott Wave view in S&P 500 ( SPX) suggests that rally to new all time high on 12.16.2024 at $6099.97 ended wave ((3)).

Wave Structure Breakdown

Wave ((4)) Correction (Completed)

Pullback in wave ((4)) is proposed complete at $5773.20 as the 1 hour chart below shows. Internal subdivision of wave ((4)) unfolded as Elliott wave double three structure. Down from wave ((3)), wave (W) ended in lesser degree 3 swings at $5832.30. Wave (X) bounce ended in 3 swings at $6049.75 high. Then wave (Y) lower ended at $5773.20 low with another lesser degree 3 swings thus completed wave ((4)) pullback.

Key Trading Levels & Strategy

The Index has turned higher in wave ((5)) and managed to make a new high above previous wave ((3)) high of $6099.97 confirming the next extension higher. Up from wave ((4)), the rally took place as an impulse sequence where wave ((i)) ended at $5871.92 high. Wave ((ii)) pullback ended at $5805.42 low. Index nested higher in wave ((iii)) & ended at $5964.69 high. Then wave ((iv)) pullback ended at $5930.72 low. Above from there, wave ((v)) ended with extension at $6128.18 high & completed wave 1. Down from there, the index is doing a pullback in wave 2 against 1.13.2025 low. Therefore, pullback should hold in 3, 7 or 11 swings looking for more upside.

SPX 1-Hour Elliott Wave Chart (01.28.2025)

SPX 1-Hour Chart: Wave ((4)) Double Three Correction and Emerging Wave ((5))
Chart Note: Wave ((4)) completed as a double three, with wave ((5)) now testing new highs.

 

Video Update: SPX Elliott Wave Outlook

XLY Elliott Wave Rally Call: Near-Perfect Setup, Missed Entry

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Hello fellow traders. As many of you know, we’ve had many profitable trading setups recently, some of which we’ve shared in previous blogs and on StockTwits and Twitter. In this technical article, we’re going to present something a bit different—an Elliott Wave setup that almost hit our entry point, missing it by just 0.67 points. We are going to talk about the XLY trading setup presented to members of ElliottWave-Forecast.

Recently, XLY experienced a 3-wave pullback, unfolding as an Elliott Wave Double Three pattern. We identified and shared the Blue Box – our buying zone – with our members, but unfortunately, the pullback ended just shy of our ideal entry.

 

XLY Elliott Wave 4  Hour  Chart 01.12.2025

The current view shows that XLY is forming a wave ((4)) black correction. The price action shows an incomplete 5-swing decline from the peak, suggesting there is still another leg down. This correction is likely unfolding as an Elliott Wave Double Three pattern. We expect an extension toward the 217.52-206.61 area, where we plan to re-enter as buyers.

We recommend members avoid selling XLY, as the main trend remains bullish. XLY should see at least a 3-wave bounce from this Blue Box area. Once the price touches the 50% Fibonacci level against the ((b)) black connector, we’ll make positions risk-free, set the stop loss at breakeven, and book partial profits. If the price breaks below the 1.618 Fibonacci extension level at 206.61, the trade will be invalid.

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Quick reminder on how to trade our charts :

Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable. 🚫

XLY

XLY Elliott Wave 1  Hour  Chart 01.21.2025

At the downgraded chart below, we can see that the pullback indeed formed a Double Three pattern. Unfortunately, the price ended the pullback as a truncation. Our entry area was 217.52, but the correction completed early at 218.19, missing our entry by just 0.67 points. As we always say, not every trading setup will work out perfectly. This is a regular part of trading and should be accepted. In such cases, we simply move on – there will always be plenty of good trading setups ahead. The current view suggests that the ETF is forming a 5-wave pattern from the 218.19 low. This is a crucial level to hold for the proposed view.

Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

XLY

Elliott Wave Forecast

Thank you for exploring our XLY ETF Forecast with us. While we analyze 78 instruments, it’s important to remember that not every chart represents a trading recommendation. For official trading signals, we invite you to join our Live Trading Room, where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-day trial to unlock new trading opportunities.

Over the years, we’ve developed a reliable trading strategy that clearly defines entry, stop loss, and take profit levels. By joining us, you’ll gain access to expert guidance and the chance to refine your trading skills

Join us today !

📈 Elevate your trading with Elliott Wave Forecast!

💻 Ask unlimited questions during trading hours (Monday to Friday). Our Chat Rooms are an excellent place to learn, with continuous support from our market experts!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

👉 Ready to take the next step? Get your 14-day Trial in just a few clicks! Click here to start your Trial today!