The short‑term Elliott Wave view in Nikkei Futures (NKD) shows the cycle from the July 29, 2026 low unfolding as a five‑wave diagonal. Wave 1 advanced to 69,660, followed by a corrective pullback in wave 2 that ended at 62,600. The Index then extended higher in wave 3, reaching 71,540. Currently, wave 4 is developing as a seven‑swing double three structure, reflecting a complex correction within the diagonal. From the peak of wave 3, the decline formed wave ((w)), which ended at 69,235 as a zigzag. Afterward, wave ((x)) began a rally to correct the cycle from the October 6, 2026 high. Once this rally completes, the Index is expected to turn lower again in wave ((y)), finishing the larger wave 4 correction. Near term, as long as the pivot at 64,946 remains intact, the pullback should find s

The Russell 2000 ETF (IWM) has concluded its cycle from the March 20, 2026 low and is now entering a larger degree correction. The current pullback is unfolding as a zigzag Elliott Wave structure. Within this formation, the first leg, wave (A), is proposed complete at $275.46, as illustrated on the 45‑minute chart. The internal subdivision of wave (A) developed into a clear five‑wave structure, confirming its impulsive nature. At present, wave (B) is advancing as a corrective rally, designed to retrace the cycle from the August 17, 2026 high before the ETF resumes its downward trajectory. The internal subdivision of wave (B) is also taking the form of an ABC zigzag structure at a lesser degree. In this sequence, wave A subdivided into five smaller waves labeled ((i))–((ii))–((iii))–((iv))–

URA, the Global X Uranium ETF, offers investors exposure to companies engaged in uranium mining and nuclear energy production. It tracks the Solactive Global Uranium & Nuclear Components Index, making it a focused way to participate in the uranium sector and the broader nuclear energy theme. In this analysis, we apply Elliott Wave principles to assess the ETF’s broader technical landscape. By mapping its higher‑degree cycles alongside the finer internal structures, we outline how uranium equities may evolve within the ongoing commodity supercycle. This approach not only situates URA within its historical framework but also highlights pivotal levels where renewed strength could emerge. URA Elliott Wave Chart Monthly Chart On the monthly Elliott Wave chart of the Uranium Miners ETF (URA)

Taiwan Semiconductor (NYSE: TSM) maintains its bullish cycle from the 2022 low. Bulls continue to seek further upside extension. In today’s article, we examine the current Elliott Wave structure unfolding. Our analysis highlights the potential for higher targets ahead. TSM shows an impulsive advance from its 2022 low. Wave I peaked at $226, followed by a wave II pullback to $134. Currently, wave III remains in progress and enters its final stage. The internal cycle of this rally also shows a three-wave advance. Wave ((3)) ended at $479. Then, a pullback in wave ((4)) reached $372 in August 2026. As long as this low holds, the stock should continue rallying in wave ((5)). It will target the $504 – $545 area. That zone will likely see some profit-taking. It could also mark the wave III peak.

Quick answer Yes, Elliott Wave does work as a structure-and-risk framework when you respect rules, alternate counts, and a hard invalidation. It fails when labels are forced with no exit. Below: the S&P 500 reaction from the March 2026 Blue Box buying area, a Gold path that held, and EURJPY where the count broke and the desk adjusted. Key question: Does Elliott Wave work, or is it chart astrology? Key Takeaways Elliott Wave is not magic and not pure astrology. Rules and invalidation separate the two. “Works” means clearer path and defined risk, not a promise that every label is right forever. SPX (March 2026 Blue Box buying area → September 2026 bullish sequence) and Gold (2022 wave IV Blue Box → multi-year advance) show structure holding in real time. EURJPY (August 2026) shows a path

The short‑term Elliott Wave view in DAX shows that the decline from the August 28, 2026 high is unfolding as a five‑swing corrective sequence. A five‑swing sequence is a motive structure that favors continuation lower. The decline is proposed to be taking the form of a double three Elliott Wave structure. From the August 28 high, wave (a) ended at 25,727.93. A rally in wave (b) terminated at 26,167.93. The subsequent move lower in wave (c) ended at 25,172.89, completing wave ((w)). A corrective rally in wave ((x)) then finished at 25,798.75. Afterward, the Index resumed its decline in wave ((y)), breaking below the prior wave ((w)) low. This resumption confirms the bearish sequence and strengthens the case for further downside. The target for wave ((y)) can be projected using the 100%–161.

Global Payments Inc. (NYSE: GPN) continues to show a constructive long-term Elliott Wave structure on the monthly chart. Despite the significant decline from its 2021 peak, the broader price structure suggests that the stock may still be developing within a larger bullish cycle. The long-term Elliott Wave count began with cycle wave I and wave II in the early 2000s, followed by a prolonged advance into wave III, which peaked around 2006. A complex corrective phase followed, eventually completing wave IVaround 2013. From that low, Global Payments accelerated higher within wave V, developing a strong five-wave structure that culminated near the $200–$210 area around 2021. Since that peak, GPN has entered a substantial corrective sequence. The current count labels this decline as part of cycl

Hello fellow traders. Our Elliott Wave analysis has identified several high-quality trading setups recently, including the SPX setup discussed below. The analysis identified a clear three-wave correction from the recent peak, with price eventually reaching the Equal Legs area highlighted as our Blue Box buying zone. This is the type of setup we closely monitor within our trading service. The Blue Box defines a specific area where we look for a potential long entry, while the Elliott Wave structure helps us manage risk and identify potential targets.In the following sections, we will break down the SPX setup and show how the opportunity developed. SPX Elliott Wave 1-Hour Chart – 09.09.2026 SPX is forming a three-wave pullback from the recent high, and the correction still appears incom