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Elliott Wave Forecasts of 78 markets.

Elliott Wave Perspective: Exxon Mobil (XOM) Bearish Cycle Signals Further Weakness

Exxon Mobil (XOM) continues to exhibit an incomplete bearish sequence from the March 30, 2026 high, maintaining a bias toward further downside. The broader structure suggests that the stock has yet to reach its extreme target zone, defined by the 100%–161.8% Fibonacci extension. This area, located between $107.9 and $129.2, is where buyers are expected to emerge and potentially stabilize the decline. Until then, the prevailing momentum favors weakness. In the short term, the decline from the June 4, 2026 high is unfolding as an impulsive structure. Within this move, wave 1 terminated at $149.3, followed by a corrective rally in wave 2 that ended at $153.81. The stock then nested lower, with wave ((i)) concluding at $147.78 and wave ((ii)) retracing to $152.52. This sequence reinforced the
Elliott Wave Perspective: Exxon Mobil (XOM) Bearish Cycle Signals Further Weakness

XLF Rally from Blue Box Delivers Risk‑Free Setup

XLF (State Street Financial Select Sector SPDR ETF) has shown a bullish impulse since the June 3, 2026 low. The 1‑hour Elliott Wave structure favors further upside as the ETF has been making higher highs and higher lows, which supports a buy‑the‑dip approach at defined blue box areas.   Elliott Wave Technical View From June 19 2026 The rally from the June 3 low is unfolding as an impulse. The advance completed wave ((iii)) at $54.89. A corrective wave ((iv)) followed, unfolding as a zigzag: Wave (a) ended at $53.90. Wave (b) bounced to $54.61. Wave (c) reached the blue‑box area near $53.62–$53.00 (equal‑legs zone). Buyers were expected to appear in that blue box, offering a low‑risk long entry and the potential for at least a three‑wave bounce. XLF Rally from Blue Box Delivers Risk‑Fr
XLF Rally from Blue Box Delivers Risk‑Free Setup

RY Elliott Wave Forecast: Wave (3) Advance Targets $226.96–$270.20

Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under “Financial services” sector & trades as “RY” ticker at NYSE. As mentioned in last article, RY continue impulse rally in 1 of (3). It already broke the trend channel upward, favoring continuation for target above 226.9 or higher. Buyers can look to buy the pullback in 3, 7 or 11 swings against March-2026 low. RY – Elliott Wave Latest Weekly View: Since March-2020 low as (II), it started rally in (III) in weekly. It placed I of (III) at $119.41 high in January-2022 & II at $77.90 in October-2023 low. It ended ((1)) of III at $128.05 high, ((2)) at $106.10 low & favors rally in
RY Elliott Wave Forecast: Wave (3) Advance Targets $226.96–$270.20

EURUSD : Sell Target Hit for +88 Pips +4%

On June 16 2026 I posted on social media @AidanFX the EURUSD sell entry chart with stop loss and targets. EURUSD 1 Hour Chart June 16 2026 (Sell Entry) EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFXEURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFXEURUSD moves lower and on June 17 2026 price hits the 4R target at 1.1512 from 1.1600 and I closed the sell trade for +88 pips (+4% gain risking 1% on every trade) EURUSD 1 Hour Chart June 17 2026 (Targets Hit/Trade Closed) EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFXA trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a
EURUSD : Sell Target Hit for +88 Pips +4%

Bank of America (BAC) Elliott Wave Bullish Sequence Strongly Supports Upside Outlook

Bank of America (BAC) has advanced to a new all‑time high, surpassing the January 5, 2026 peak at $57.55. This decisive breakout confirms the strength of the ongoing trend and highlights an incomplete bullish sequence from the April 2025 and March 2026 lows. The broader structure continues to favor the bullish view, reinforcing expectations for further upside momentum. From the May 15, 2026 low, the rally is unfolding as a five‑wave impulse. Wave ((i)) concluded at $52.50, followed by a corrective pullback in wave ((ii)) that ended at $50.60. The advance in wave ((iii)) carried the stock to $57.98, as reflected in the intraday chart. Subsequently, wave ((iv)) unfolded as a zigzag correction and is proposed complete at $56.03. With that correction finished, the stock has resumed its upward
Bank of America (BAC) Elliott Wave Bullish Sequence Strongly Supports Upside Outlook

Silver Miners (SIL) Elliott Wave Structure: Downside Potential Remains with Unfinished Sequence

Launched in 2010, the Global X Silver Miners ETF (SIL) offers investors diversified access to leading silver mining companies worldwide. By tracking the Solactive Global Silver Miners Total Return Index, it provides a simple, single‑trade entry into the sector. In the following discussion, we present its Elliott Wave technical outlook. SIL (Silver Miners ETF) Monthly Elliott Wave Chart The monthly Elliott Wave chart of the Silver Miners ETF (SIL) indicates that the instrument achieved a fresh all‑time high in January of this year, reinforcing a bullish right‑side outlook. A major low completed in January 2016 at $14.94, which we identify as Grand Super Cycle wave ((II)). From this base, SIL has begun to nest higher within wave ((III)). Advancing from wave ((II)), wave I concluded at $54.34
Silver Miners (SIL) Elliott Wave Structure: Downside Potential Remains with Unfinished Sequence

Evolution of Technical Analysis: History, Methods and Modern Applications

Technical analysis is the study of historical market data to identify potential future price movements. It examines price action, trading volume, market trends, investor psychology, and recurring chart behavior to estimate the probability of future outcomes. While the tools used by technical analysts have changed significantly over time, the core idea has remained the same: markets often create recognizable patterns, and those patterns can help traders make more informed decisions. Today, technical analysis is used across stocks, forex, commodities, cryptocurrencies, indices, and other financial markets. From simple trend lines and chart patterns to advanced indicators and algorithmic models, it has evolved into a widely used framework for analyzing market behavior. The Early History of Te
Evolution of Technical Analysis: History, Methods and Modern Applications

Elliott Wave Analysis: Bitcoin’s (BTCUSD) Countertrend Bounce Set to Fail

Since establishing the all‑time high on October 6, 2025 at $126,272, Bitcoin (BTCUSD) has entered a pronounced corrective phase. The Elliott Wave sequence from that peak suggests further downside potential, with the extreme area projected between $41,411 and $52,204. In the short term, the decline from the May 6, 2026 high concluded at $59,081, marking the completion of wave W. From that point, a corrective rally in wave X has unfolded, designed to retrace the cycle from the May 6 high. Internally, this rally has developed as another double three structure of lesser degree. Advancing from wave W, wave (w) terminated at $64,506, followed by a pullback in wave (x) that ended at $60,670. Bitcoin then resumed higher in wave (y), reaching $67,278 and completing wave ((w)) of a higher degree. Th
Elliott Wave Analysis: Bitcoin’s (BTCUSD) Countertrend Bounce Set to Fail

Elliott Wave View: EURUSD Looking for Larger Degree Zigzag Correction

The short-term Elliott Wave analysis of EURUSD shows that the decline from the April 17, 2026 peak is unfolding as a five-wave impulse. From the April 17 high, wave ((i)) ended at 1.1655. A corrective rally in wave ((ii)) then followed which terminated at 1.1796. The pair then moved lower in wave ((iii)), reaching 1.1576. Afterward, wave ((iv)) completed at 1.164 in the form of a triangle, confirming the continuation of bearish momentum. The market has since resumed lower in wave ((v)), which subdivides into a smaller degree impulse. From wave ((iv)), wave (i) concluded at 1.15, while wave (ii) retraced to 1.1622. The expectation is that EURUSD will continue declining through further subdivisions before completing wave (v) of ((v)). This completion would mark the end of wave 1 in the large
Elliott Wave View: EURUSD Looking for Larger Degree Zigzag Correction

Tesla (TSLA): Why Elliott Wave Supports Higher Prices Toward $774

Tesla: Beyond Automotive Growth, Expanding into Technology and Infrastructure Tesla (NASDAQ: TSLA) remains one of the most closely followed companies in global markets. While many investors focus on electric vehicle deliveries and short-term earnings, Tesla’s long-term growth story extends far beyond the automotive sector. The company is expanding into artificial intelligence, autonomous driving, energy storage, robotics, and advanced manufacturing. Over the last decade, Tesla has transformed into a global technology leader. It has built a scalable production network and established one of the strongest brands worldwide. Beyond vehicle sales, Tesla invests heavily in Full Self-Driving (FSD), Robotaxi services, Megapack energy storage, and the Optimus humanoid robot project. Each of these i
Tesla (TSLA): Why Elliott Wave Supports Higher Prices Toward $774

Elliott Wave Forecast: Gold (XAUUSD) Impulsive Structure Supports Bullish Continuation

Gold (XAUUSD) has completed its cycle from the April 17 peak and is now positioned for a corrective rally in three waves. The decline from that peak ended at $4025, which marked the completion of wave ((W)). From this low, the market began a corrective phase in wave ((X)), unfolding as a zigzag structure. Within this formation, wave (A) is developing as a five‑wave impulse, providing the initial leg of the correction. From the June 11 low at wave ((W)), the first impulse wave advanced to $4118.14. A pullback in wave 2 followed, reaching $4051.88. The metal then resumed its upward trajectory, with wave 3 extending sharply to $4369.45. A subsequent retracement in wave 4 found support at $4305.21. The expectation is for gold to continue higher in wave 5, thereby completing wave (A) of the zig
Elliott Wave Forecast: Gold (XAUUSD) Impulsive Structure Supports Bullish Continuation

Elliott Wave View: Dow Futures (YM ) Breakout Signals Start of New Bullish Phase

Dow Futures (YM_F) ended their correction against the cycle from the March 30, 2026 low and extended higher. The rally from that low completed wave 1. The pullback in wave 2 unfolded as a zigzag Elliott Wave structure. Within this correction, wave ((a)) ended at 50624, wave ((b)) concluded at 51331, and wave ((c)) finished at 49865. This sequence confirmed the completion of wave 2 at a higher degree. The Index has since resumed higher in wave 3. From the end of wave 2, wave (i) reached 51723, while the pullback in wave (ii) ended at 51230. The advance continued with wave (iii) finishing at 52380. The subsequent pullback in wave (iv) is proposed complete at 52080. Near term, expectations favor another leg higher in wave (v). That move should complete wave ((i)) of the larger degree. Afterwa
Elliott Wave View: Dow Futures (YM ) Breakout Signals Start of New Bullish Phase

MRVL Targets $400: Elliott Wave III Expansion Signals Powerful Upside Move

Marvell Technology, Inc., (MRVL) provides data infrastructure semiconductor solutions & spanning data center core to network edge in the US & internationally. It comes under Technology – Semiconductors & trades as “MRVL” at Nasdaq. MRVL is bullish impulse in daily & continue higher against 6.09.2026 low. The buyers can look for rally targeting $362.7 – $400.09 area to extend April-2025 rally in III sequence. MRVL – Elliott Wave Latest Daily View: Since inception, it ended I in proposed diagonal I at $127.48 high in January-2025 & II at $47.09 low in April-2025. Currently, it favors rally in III towards $362.7 or higher. It placed ((1)) of III at $102.77 high, ((2)) at $70.69 low, ((3)) at $339.6 high, ((4)) at $242 low & favors rally in ((5)). Within ((1)), it ended
MRVL Targets $400: Elliott Wave III Expansion Signals Powerful Upside Move

TASI All Share Index Maintains Sideways Correction

The Tadawul All Share Index (TASI) is the benchmark of the Saudi Exchange, tracking the performance of all listed companies on its main market. Established in 1985, it reflects the overall health of Saudi Arabia’s equity market and is closely followed by regional and global investors. Calculated using free‑float market capitalization, TASI spans diverse sectors including energy, banking, petrochemicals, telecom, and real estate. Its movements are strongly influenced by oil prices and heavyweight listings such as Saudi Aramco, making it a key barometer of both local sentiment and broader economic trends. TASI Latest Elliott Wave Monthly Chart From 6.16.2026 TASI All Share Index Maintains Sideways Correction The latest chart highlights the long‑term cycle from the 2009 low, unfolding with ov
TASI All Share Index Maintains Sideways Correction

Top 10 Tech Stocks to Watch in 2026

Technology remains the engine of global growth, and in 2026, a handful of companies dominate innovation, market capitalization, and investor attention. From mega-cap leaders shaping the S&P 500 to emerging players in AI and quantum computing, these stocks define the future of tech. in Group 3 at Elliott Wave Forecast, we’re fortunate to track most of these leading tech stocks in real time. Apple Inc. (AAPL) Apple continues to reinvent consumer technology. The AI-driven iPhone upgrade cycle and double-digit growth in services revenue (App Store, iCloud, Apple Music) keep it at the forefront. With a market cap near $4.5 trillion, Apple remains a cornerstone of tech portfolios. Microsoft Corp. (MSFT) Microsoft’s strength lies in enterprise dominance. Azure AI is expanding at 20%+ growth,
Top 10 Tech Stocks to Watch in 2026

$NVDA Reacts Higher From Blue Box After 7 Swing Pullback

In this Elliott Wave update, we look at the latest structure in Nvidia Corp. ($NVDA). The stock pulled back in a 7-swing corrective structure and reached the blue box area at 205.93–187.94, where buyers were expected to appear. As anticipated, the stock reacted higher from that support zone. Therefore, buyers who entered in the blue box can now look to get risk free as the recovery continues to unfold. 5 Wave Impulse + 7 Swing WXY correction $NVDA    $NVDA $NVDA Pulled Back in 7 Swings $NVDA Looking at the 4-hour chart, $NVDA remained within a broader bullish sequence, but it needed a corrective pullback before the next leg higher could resume. That decline unfolded in a 7-swing structure, which is a common Elliott Wave correction and often ends in a high-frequency support zone.
$NVDA Reacts Higher From Blue Box After 7 Swing Pullback

Elliott Wave View: WTI Crude Oil (CL) Eyeing Lower Range at $68–$73

WTI Light Crude Oil (CL) maintains a bearish sequence that began from the May 19, 2026 high. The decline from that peak produced wave 1 at $86.35, followed by a corrective rally in wave 2. This correction unfolded as a zigzag, with wave ((a)) ending at $94.78, wave ((b)) pulling back to $90.12, and wave ((c)) extending higher to $97.02. That move completed wave 2 at a higher degree. Afterward, Oil resumed its decline and broke below the termination of wave 1, confirming the bearish structure. The downside projection is guided by the 100%–123.6% Fibonacci extension from the May 19 high. This extension aligns with the $68–$73 area, which now represents a potential support zone. From the wave 2 peak, wave ((i)) ended at $89.68, while wave ((ii)) rallied to $95.47. Oil then extended lower agai
Elliott Wave View: WTI Crude Oil (CL) Eyeing Lower Range at $68–$73

Bitcoin (BTCUSD) Elliott Wave Count: Renewed Decline Approaches $41,400–52,200

The short-term Elliott Wave structure from the May 6, 2026 peak is developing as a clear five-wave impulse. From the May 6 high, wave ((i)) concluded at $74,192, followed by a corrective rally in wave ((ii)) that terminated at $78,000. After this retracement, the cryptocurrency resumed its decline in wave ((iii)), which itself unfolded as a smaller degree impulse. Within this sequence, wave (i) ended at $72,462, while wave (ii) produced a modest rally that finished at $74,223. The downward momentum continued as Bitcoin advanced into wave (iii), reaching $61,310 before a corrective rally in wave (iv) ended at $64,687. Subsequently, wave (v) drove prices lower to $59,104, completing the larger wave ((iii)). A rebound then materialized, and wave ((iv)) is proposed to have concluded at $64,197
Bitcoin (BTCUSD) Elliott Wave Count: Renewed Decline Approaches $41,400–52,200

ALGN Blue Box Support Could Launch Wave V to New Highs

Align Technology (NASDAQ: ALGN) continues to maintain a bullish Elliott Wave structure despite the sharp decline from its 2021 peak. The monthly chart suggests that the stock completed a major wave III advance near the 700 area before entering a large corrective phase. While the correction has lasted several years, the larger bullish cycle remains intact. Following the wave III peak, ALGN began a complex correction that appears to be unfolding as a double three structure. The decline has already completed wave ((W)) and a connecting wave ((X)), while the final leg, wave ((Y)), remains in progress. The current Elliott Wave count suggests that wave IV is approaching an important support area. The projected blue box between 106.86 and 61.10 represents the 0.618–1.000 Fibonacci extension zone,
ALGN Blue Box Support Could Launch Wave V to New Highs

Silver (XAGUSD) Elliott Wave View: $61.02 Level Holds Key to Potential Bearish Extension

Silver (XAGUSD) is approaching a decisive test as price nears the March 23, 2026 low at $61.02. A break beneath this level could trigger a deeper decline, potentially extending toward the 100% measured move from the January 29, 2026 all‑time high. If the sequence unfolds without truncation, the projected target may reach as low as $38.70. The decline from the March 2, 2026 high is developing as a double three corrective pattern. Wave ((W)) concluded at $61.02, while wave ((X)) terminated at $89.37. The subsequent wave ((Y)) is unfolding as another double three of lesser degree. From the peak of wave ((X)), wave A ended at $73.81, followed by a rally in wave B that reached $77.51. The market is now extending lower in wave C of (W), which is forming as a five‑wave impulse. On the hourly char
Silver (XAGUSD) Elliott Wave View: $61.02 Level Holds Key to Potential Bearish Extension

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