CHK have been in a tremendous downside trend since peak at 2011 and has already missed an opportunity for a turn. The instrument is showing a very technical decline in 5 waves since the peak at 02.02.2011 and it is showing in the following chart: CHK Elliott Wave Analysis – Weekly Chart There is no […]

The $SPY has been trading higher since the summer of 2019’s correction. The Index has made new all time high as we have been forecasting at Elliottwave-Forecast.com. It is currently still trading within the Super Cycle degree since 2009 and the expected extension is taking place. Below is the chart of the S&P 500 ETF: […]

We conducted a Free Seminar “Brexit and the Impact on Poundsterling” on Saturday November 2, 2019. Below is a brief summary and the recording of the seminar. Latest development on Brexit suggests the deadline has been extended to January 31. PM Boris Johnson doesn’t get enough support by the MPs to ratify his Brexit deal. […]

A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because a Flat allow analysts and traders to force a bias against the trend. Many times the market fails to reach traders’ correction target. When the […]

Google (ticker: GOOGL) rallies today and should remain supported against the lows on August 2019. The stock is extending within the Super cycle degree wave (III) since the low in 2009. The following chart below shows the current monthly Elliott Wave outlook: Google Monthly Elliott Wave Chart The rally from 2009 low is unfolding as […]

Hello fellow traders. In today’s blog, we will have a look at Boeing and the recent price action. The Boeing Stock peaked in  March,1,2019 and since then have been trading lower in a series of lower lows and lower highs. The following chart is illustrating the view: Boeing 4 Hour Elliott Wave Analysis 10.21.2019   […]