Elliottwave_Forecast
Elliottwave_ForecastOfficial Account
Tiger Certification: Elliott Wave Forecasts of 78 markets.
0Follow
9007Followers
Elliott Wave Forecasts of 78 markets.

Tesla Inc. ($TSLA) Blue Box Area Wins Again. What’s Next?

Tesla Inc. ($TSLA) Blue Box Area Wins Again. What’s Next? July 17, 2023 By EWFTaha Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Tesla Inc. ($TSLA) The rally from 4.27.2023 low unfolded as a 5 wave impulse with an incomplete bullish sequence from 6.26.2023 low. So, we advised members to buy the pullback in 7 swings (WXY) at the blue box area ($269.45 – 262.39). We will explain the structure & forecast below: $TSLA 1H Elliott Wave Chart 7.10.2023: $TSLA Here is the 1H Elliott Wave count from 7.10.2023. The rally from 6.26.2023 low at blue (4) unfolded in a 5 wave impulse which signaled a bullish trend. We expected the pullback to find buyers in 7 swings at $269.45 – 262.39 where we entered as buyers. $TSLA 1H Elliott Wave Ch
Tesla Inc. ($TSLA) Blue Box Area Wins Again. What’s Next?

SPY Likely to Extend Correction in Double Three Structure

SPY Likely to Extend Correction in Double Three Structure August 22, 2023 By EWFHendra Short Term Elliott Wave view in S&P 500 ETF (SPY) suggests the decline from 7.27.2023 high is in progress as a double three Elliott Wave structure. Down from 7.27.2023 high, wave ((a)) ended at 444.96 and rally in wave ((b)) ended at 451.7. The ETF then extended lower in wave ((c)). Down from wave ((b)), wave (i) ended at 443.35 and rally in wave (ii) ended at 448.92. The ETF extended lower again in wave (iii) towards 433.93 and wave (iv) rally ended at 436.77. Final leg wave (v) lower ended at 433.05 which completed wave ((c)) of W. Wave X rally is now in progress to correct cycle from 7.27.2023 high before the next leg lower. Up from wave W, wave i ended at 436.55 and wave ii ended at 434.38. Wave
SPY Likely to Extend Correction in Double Three Structure

Dow Futures ( YM_F ) : Buying The Dips At The Blue Box Area

Dow Futures ( YM_F ) : Buying The Dips At The Blue Box Area March 11, 2024 By EWF Vlada Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Dow Jones Futures published in members area of the website.  As our members know YM_F has recently  made pull back that has unfolded as Elliott Wave Zig Zag pattern. It made clear 3 waves down from the February 23rd peak and completed correction right at the Equal Legs zone ( Blue Box -Buying Area) . In further text we’re going to explain the  Elliott Wave pattern  and trading setup. YM_F Elliott Wave 1  Hour  Chart 03.05.2024 Dow Jones Futures is showing lower low structure from the peak. Correction has a b c labeling, when we can still be in c red leg. The price
Dow Futures ( YM_F ) : Buying The Dips At The Blue Box Area

Silver (XAGUSD) Remains Sideways

Silver (XAGUSD) Remains Sideways January 12, 2024 By EWFHendra Short Term Elliott Wave view in Silver (XAGUSD) suggests that the metal shows a bearish sequence from 12.4.2023 high. The decline from 12.4.2023 high is unfolding as a zigzag Elliott Wave structure. Down from 12.4.2023 high, wave A ended at 22.49 and wave B rally ended at 24.6. The metal resumes lower in wave C which subdivides into a 5 waves impulsive structure. Down from wave B, wave (i) ended at 24.07 and wave (ii) ended at 24.48. The metal then resumes lower in wave (iii) towards 22.67. Wave (iv) ended at 23.02 with internal subdivision as a triangle. Final leg wave (v) ended at 22.46 which completed wave ((i)) of C in higher degree. Rally in wave ((ii)) of C is in progress as a zigzag structure. Up from wave ((i)), ex
Silver (XAGUSD) Remains Sideways

Meta Stock : Another Buying Opportunity After 3 Waves Pull Back

Meta Stock : Another Buying Opportunity After 3 Waves Pull Back January 29, 2024 By EWF Vlada Hello fellow traders. As our members know Meta Stock has been giving us good trading opportunities recently. In this technical article we’re going to take a quick look at another Elliott Wave  trading setup of META published in members area of the website.  As our members know, META is showing bullish impulsive sequences in the cycle from the 313.66 low.  Our team recommended members to avoid selling , while keep favoring the long side.  Recently we got a pull back that reached our buying zone. The stock found buyers and made reaction from the blue box as expected. In the further text we are going to explain the Elliott Wave Forecast and trading strategy. META Stock Elliott Wav
Meta Stock : Another Buying Opportunity After 3 Waves Pull Back

Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing

Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing December 19, 2023 By EWFHendra Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)). The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wa
Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing

$UHRN : Buying Swatch Group in a Zigzag Pullback

$UHRN : Buying Swatch Group in a Zigzag Pullback March 21, 2024 By EWF Helgi Swatch Group is a Swiss manufacturer of watches and jewellery. Besides the product line Swatch, the group owns brands including Blancpain, Breguet, ETA, Glashütte, Omega, Longines, Tissot, Hamilton, Certina, Rado and Harry Winston. As a matter of fact, the Swatch company employs about 36000 people in over 50 countries. Founded 1983 and headquartered in Biel/Bienne, Switzerland, it can be traded under tickers $UHRN and $UHR at Six Swiss Exchange. After printing the all-time highs in April 2014, the stock price has lost about 3/4 of the price by March 2020. Currently, we see Swatch starting a new larger cycle higher. In the initial article from March 2021, we have called for a new cycle up. We were right. Then,
$UHRN : Buying Swatch Group in a Zigzag Pullback

SCCO Favors Sideways To Lower Before Rally Resumes

SCCO Favors Sideways To Lower Before Rally Resumes May 23, 2023 By EWFRaj Southern Copper Corporation (SCCO) engages in mining, exploration, smelting & refining of Copper & other minerals in Peru, Mexico, Argentina, Ecuador & Chile. The company is based in Phoenix, Arizona, US, comes under Basic Materials Sector & trades as “SCCO” ticker at NYSE. SCCO made all time high at $83.15 as wave I impulse started from March-2020 low of (II). Later, it finished II as flat correction at $42.42 low. Currently, it favors pullback in ((2)), while placed ((1)) at $82.05 high. It expects ((2)) to unfold in 3, 7 or 11 swings & remain supported at extreme area to resume higher in ((3)) of III. SCCO – Elliott Wave Latest Weekly View:  SCCO – Elliott Wave Latest Weekly View:  It
SCCO Favors Sideways To Lower Before Rally Resumes

Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse

Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse April 20, 2023 By EWFHendra Exxon Mobil (XOM) cycle from 3.20.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.20.2023 low, wave (1) ended at 107.35 and pullback in wave 2 ended at 100.68 as the 1 hour chart below shows. Up from there, wave 1 ended at 110.17 and wave 2 ended at 109.05. Wave 3 ended at 114.64, wave 4 ended at 112.20. Final wave 5 ended at 116.85 which completed wave (3) in higher degree. Wave (4) pullback took the form of a zigzag Elliott Wave structure. Down from wave (3), wave A ended at 114.17, and wave B ended at 117.18. Wave C lower ended at 113.6 which completed wave (4). Wave (5) is in progress as a 5 waves diagonal structure. Up from wave (4), wave 1 ended at 116.59 and pullb
Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse

Palantir (PLTR) Should Keep the Rally to Build a Wave ((3))

Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments.  The firm offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. PALANTIR (PLTR) Weekly Chart May 2024 PALANTIR (PLTR) Weekly Chart May 2024 Palantir ended a cycle at $45.00 in January 2021. Then it did a deep pullback as a zig zag correction ending wave (II) at 5.91 low. The market started an impulse structure as wave ((1)) ended at $20.27. Then, wave ((2)) started and it did a running flat correction. The wave (A) ended at $13.68 low and rallied breaking wave ((1)) high completing wave (B) at $21.85. Last leg as wave (C) developed an ending
Palantir (PLTR) Should Keep the Rally to Build a Wave ((3))

PLTR [Palantir] Elliott Wave Structure Calls for New All Time Highs

Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments.  The firm offers automotive, financial compliance, legal intelligence, mergers, and acquisitions solutions. PLTR has been rallying strongly since forming a low in December 2022. The rally has gained momentum recently and keeps extending. Today, we take a closer look at the big picture view of Palantir and also look at the internal structure of the rally from the December 2022 low. PLTR [Palantir] Weekly Elliott Wave Analysis [10.8.2024] Palantir ended a cycle at $45.00 in January 2021. Then it did a deep pullback as a Zig Zag Elliott Wave correction ending wave (II) at 5.91 low. The market star
PLTR [Palantir] Elliott Wave Structure Calls for New All Time Highs

Elliott Wave View: NVDA Bullish Momentum Looking for More Upside

Elliott Wave View: NVDA Bullish Momentum Looking for More Upside May 23, 2023 By EWFHendra Short term Elliott Wave View in Nvidia Corporation (ticker: NVDA) suggests that rally from 4.26.2023 low is unfolding as a 5 waves impulse Elliott Wave structure with extension. Up from 4.26.2023 low, wave ((i)) ended at 290.58 and dips in wave ((ii)) ended at 272.40. Stock has resumed higher in wave ((iii)) which subdivides into another 5 waves in lesser degree. Up from wave ((ii)), wave i ended at 276.6 and wave ii ended at 273.80. Wave iii ended at 287.55, pullback in wave iv ended at 283.50, and final leg wave v ended at 292.20 which completed wave (i). Pullback in wave (ii) ended at 280.42 with internal subdivision as a zigzag structure. Down from wave (i), wave a ended at 284.5, wave b ended at
Elliott Wave View: NVDA Bullish Momentum Looking for More Upside

Chevron (CVX) Flat Correction Remains In Progress

Chevron (CVX) Flat Correction Remains In Progress January 29, 2024 By EWFHendra Chevron is a major global energy company involved in oil and gas exploration, production, refining, and marketing. Operating in over 180 countries, the company emphasizes sustainability, innovation, and corporate responsibility, with a focus on maintaining substantial energy reserves and addressing environmental concerns. Chevron Monthly Elliott Wave Chart Chevron Monthly Elliott Wave Chart Monthly Elliott Wave chart of Chevron (CVX) above shows that the stock has traded sideways since making all time high on November 14, 2022 at 189.68. It’s currently pulling back in wave (II) to correct cycle from 3.19.2020 low as an expanded flat Elliott Wave structure. Rally from 3.19.2020 low ended wave (I) at 182.4. Down
Chevron (CVX) Flat Correction Remains In Progress

Will the Santa Rally Appear this 2023 in the Capital Market?

By EWFLuisThe Santa rally is a capital market phenomenon named in 1972 by Yale Hirsc. He noticed an unusual upward movement in the markets from December 28 to January 2 of the following year. This event has been recurrent for years that it has earned its own name “The Santa Rally”. According to the Stock Trader Almanac, since 1896 the Dow Jones gained an average of 1.7% during this period obtaining a positive return 77% of the time.The Santa rally is not a guaranteed occurrence and it doesn’t happen every year. It is more of a historical pattern or trend that traders and investors have noticed over time. The reasons behind the Santa Rally are not entirely clear, and various factors may contribute to it. Some theories suggest that the holiday season tends to bring about positive sentiment a
Will the Santa Rally Appear this 2023 in the Capital Market?

Boeing (BA) Pullback Structure Looks Corrective

Boeing (BA) Pullback Structure Looks Corrective December 29, 2023 By EWFHendra Short Term Elliott Wave View in Boeing (BA) suggests rally from 10.27.2023 low is in progress as a 5 waves impulse. Up from 10.27.2023 low, wave 1 ended at 197.14 and pullback in wave 2 ended at 189.57. The stock then resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 211.09 and pullback in wave ((ii)) ended at 204.81. Boeing then extended higher in wave ((iii)) towards 239.23 and dips in wave ((iv)) ended at 230. Final leg wave ((v)) higher ended at 267.54 which completed wave 3. The 30 minutes chart below shows the rally from wave ((iv)). Wave 4 pullback is proposed complete at 257.68. Internal subdivision of wave 4 unfolded as a double three Elliott Wave structure. Down from wave 3, wave (a) ended
Boeing (BA) Pullback Structure Looks Corrective

General Electric (GE) Soon Enters Wave ((4)) and Presents Buying Opportunity

General Electric (GE) is a high-tech industrial company founded in 1892 through the merger of Thomas Edison’s Edison General Electric Company and Thomson-Houston Electric Company. GE operates through several key segments, including aerospace, renewable energy, and power. The company designs and produces commercial and military aircraft engines, renewable energy generation equipment, and various power generation systems. In this article and video, we will look at the Elliott Wave technical outlook for the company which will soon present an opportunity to buy the dips. General Electric (GE) Monthly Elliott Wave Chart Monthly Elliott Wave View in General Electric (GE) above shows a very nice 7 swing structure pullback. The correction ended at 27.28 on 5.1.2020 low as wave (II). The stock then
General Electric (GE) Soon Enters Wave ((4)) and Presents Buying Opportunity

$ADM : Buying Opportunity in Agriculture Stock ADM

$ADM : Buying Opportunity in Agriculture Stock ADMMay 18, 2023 By EWF HelgiArcher-Daniels-Midland company, commonly known as ADM, is a multinational food processing and commodities trading corporation. Founded 1902, headquartered in Chicago and traded under the ticker $ADM at NYSE, it is a component of the S&P500 index. First of all, ADM is engaged in corn and oilseeds processing. In general, the products are oils and meals from soybeans, wheat flour, cocoa, sunflower seeds, canola, flaxseeds, peanuts and many others. As a matter of fact, it operates more than 270 plants and 420 crop procurement facilities worldwide. Currently, we can see commodities like soybeans, soybean oil, wheat in a pullback. However, soon support areas should be reached and another bullish cycle may take place.
$ADM : Buying Opportunity in Agriculture Stock ADM

Elliott Wave View on GDX Favors Pullback Before Rally

Short Term Elliott Wave View in GDX suggests the zigzag correction should find support towards extreme areas before resume higher to finish the impulse sequence from 5-August, 2024 low. It is showing higher high sequence in daily from September-2022 low and expect short term rally to continue against August-2024 low. Since 5-August, 2024 low, it placed 1 at 39.97 high and 2 correction at 36.22 low as 0.618 Fibonacci retracement. Above 36.22 low, it placed ((i)) of 3 at 36.89 high, ((ii)) at 36.44 low, ((iii)) as extended wave at 40.98 high, ((iv)) at 39.02 low and finally ((v)) as 3 at 42.12 high. Below 3 high, it favors zigzag correction in 4 against 6-September, 2024 low before resume higher. Below 42.12 high, it favors pullback in ((c)) of 4 started from 40.79 high. It placed ((a)) of 4
Elliott Wave View on GDX Favors Pullback Before Rally

AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three

AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three April 27, 2023 By EWFHendra The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at 90.77. We labelled the rally as wave (B) as 1 hour chart below shows. Internal subdivision of the rally from 3.24.2023 low unfolded as a zigzag. Up from there, wave A ended at 90.168 and pullback in wave B ended at 87.59. Wave C higher ended at 90.77 which completed wave (B). Wave (C) lower is now in progress with internal subdivision as a 5 waves. Down from wave (B), wave ((i)) ended at 89.38 and rally in wave ((ii)) ended at 90.05. Down from there, wave (i) ended at 89.7 and rally in wave (ii) ended at 90.02. Pair resumes low
AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three

Microsoft (MSFT) Should Remain Supported

Microsoft (MSFT) Should Remain Supported January 19, 2024 By EWFHendra Short term Elliott Wave View in Microsoft (MSFT) suggests rally from 12.15.2023 low is unfolding as a 5 waves impulse. Up from 12.15.2023 low, wave ((i)) ended at 376.94 and dips in wave ((ii)) ended at 366.50 as the 1 hour chart below shows. Internal subdivision of wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), wave (a) ended at 366.77 and rally in wave (b) ended at 373.26. Wave (c) lower ended at 366.43 which completed wave ((ii)). The stock resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 375.20 and dips in wave (ii) ended at 371.19. Wave (iii) higher ended at 390.68 and pullback in wave (iv) ended at 380.38. Final leg wave (v) higher ended at 394.03 which completed wave ((iii
Microsoft (MSFT) Should Remain Supported

Go to Tiger App to see more news