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   […]

USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now that we should see another leg lower. The Multi-Year consolidation can be seen with the chart below.   USDMXN Daily Elliott Wave Chart 10.16.2019   […]

The $SPY is showing a very nice 5 wave impulse rally from 2009 lows. This video talks about how Elliott wave implies bulls are still in control.

On Thursday, September the 26, 2019 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar was ” Will $XAUUSD Follow The Path of Gold vs other Major Currencies?”. We analyzed the outlook of Gold vs other Major currencies like against the EUR, GBP, CAD, JPY, AUD. We explain which technical tools […]

Many Instruments across the Market are ending the Super Cycle Degree from their 2009 lows. In this blog we will have a more in-depth view of Microsoft. With the break of last year high earlier this year, the instrument can be counted as a 5 waves advance from its 2009 low. Consequently, it is trading […]

General Motor’s contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out the next four-year contract. The situation has been all over the news which can be misleading for traders. We at Elliottwave Forecast do not follow fundamentals news but what we follow is a system which […]