DAX Chart of the Day: Wave 5 Signals More Upside The DAX (XETRA: DAX) continues to follow a bullish Elliott Wave structure after completing red wave 4 at 24,651. The index confirmed the resumption of the uptrend by breaking above the red wave 3 peak at 25,900, signaling that red wave 5 is now in progress. More importantly, the rally from the 21,863 low continues to unfold as a five-wave impulsive structure, keeping the broader trend firmly bullish while price remains above the 24,651 invalidation level. The 60-minute Elliott Wave chart shows that wave 5 is developing through a bullish nest structure in ((i))-((ii)) and (i)-(ii) sequence, while price is now advancing in wave (iii) of the next degree. Once wave (iii) reaches completion, we expect a corrective pullback in wave (iv) before buy

GameStop Corporation (NYSE: GME) continues to develop a complex Elliott Wave structure on the weekly chart. After completing a major cycle-degree red wave III at $120.75, the stock entered a prolonged consolidation phase in red wave IV. The correction has taken the form of a sideways range and appears to be developing as a five-legged contracting triangle. The chart shows the triangle progressing through waves ((A))-((B))-((C))-((D))-((E)), with the final swings of wave ((E)) potentially still unfolding. This structure suggests that the wave IV correction may be approaching completion. GME 08.04.2026 Weekly Elliott Wave Chart GME Wave IV May Complete Near $11.89 And Wave V Could Target New Highs Following the 2024 low, GameStop started another corrective sequence. The chart shows wave (A)

Walmart (WMT) New Investment Opportunity Below $100 Walmart (NYSE: WMT) ended its rally from the April 2025 low triggering a larger degree correction. We mentioned this idea earlier this year in our previous article. Today, we explain the Elliott Wave structure unfolding now. Our analysis leads to the next potential investment opportunity. Elliott Wave Analysis WMT’s last rally from the April 2025 Blue Box unfolded as a five-wave advance. This move ended at $135, marking wave (III). From that peak, the stock began a three-wave zigzag correction within wave (IV). Price already established the first two legs, “a” and “b”. Consequently, as long as WMT stays below the recent June peak of $116.80, further downside continuation should occur within wave C. Based on the a-b connector, WMT should r

Dow Jones Futures (YM) is pulling back to correct the cycle from the 45,430 low in wave 2. The Elliott Wave structure suggests that the index remains vulnerable to further downside in the near term, as long as it stays below the 53,105 high. The decline from the peak completed three swings within wave (w), followed by a corrective bounce in wave (x). This bounce ended at 53,105, and YM has since turned lower again. The current structure suggests that the index is developing another five-wave decline in wave (y), which could complete the larger wave 2 correction. We expect wave (y) to extend toward the 51,182–49,991 area. This zone represents the 100%–161.8% Fibonacci extension of wave (w) and could provide an important area for the next reaction. How YM responds there will help determine w

Hello fellow traders. In this technical block we’re going to take a quick look at the Elliott Wave charts of NIFTY Index published in members area of the website. Recently, NIFTY completed a 3-wave corrective pullback following a 5-wave impulsive rally, creating a classic Elliott Wave bullish sequence. The index unfolded a clear 3-wave move lower from the peak and reached the Equal Legs zone, a key area where buyers were expected to step in. In the following analysis, we will examine the Elliott Wave structure in detail and discuss the potential market outlook from this support zone.   NIFTY Elliott Wave 1  Hour  Chart 07.23.2026 NIFTY is currently forming an intraday 3-wave pullback from the recent highs.  Correction looks incomplete at the moment. The price structure

Google (GOOGL) continues to trade within a corrective Elliott Wave structure after completing wave (C) of (W) near 312. The stock has since turned higher and appears to be developing a corrective recovery. The current structure suggests that GOOGL may continue higher in wave (A), with wave 5 still expected to complete the first leg of the bounce. After that, we expect a pullback in wave (B), which should unfold in at least three swings. Once wave (B) completes, GOOGL could turn higher again in wave (C) and complete the larger ((X)) correction. The projected path suggests that the wave (C) recovery could reach the 345–353 price range which represents the 38.2%-61.8% fib. retracement of wave ((W)) before the stock turns lower again. This would complete the corrective structure and potentiall

MP Materials Corp., (MP) produces rare earth materials in the Western Hemisphere together with its subsidiaries. It operates in two segments: Materials & Magnetics. It comes under Basic Materials sector & trades as “MP” ticker at NYSE. Since inception in weekly, MP shows three swing higher high from June-2020 low. It shows impulse up from August-2024 low & correcting it in zigzag structure towards $26.96 or lower in daily. We like to buy the pullback below $26.96 or lower against 8.05.2024 low. Above $10.02 low of ((II)), it ended (I) of ((III)) at $100.25 high in October-2025. Within (I), it ended I at $29.72 high, II at $18.64 low, III at $82.50 high, IV as triangle at $69.61 low & V at $100.25 high. Within (I), III was extended wave. It ended ((1)) of III at $39.10 high,

AMD continues to maintain a strong long-term bullish outlook despite the ongoing correction. The stock remains within the third cycle of a larger third supercycle that began from the October 2022 low, suggesting the current decline is corrective and should present another buying opportunity before the next leg higher. Weekly Elliott Wave Analysis On the weekly chart, wave (II) completed in October 2022, marking the start of wave (III). Wave I of (III) peaked in March 2024 after breaking above the wave (I) high, confirming a strong bullish trend. The subsequent wave II correction unfolded as a simple zigzag and found support in our Blue Box buying area in April 2025. Elliott Wave Forecast members took advantage of this high-probability setup by buying from the Blue Box. From that April 2025

I am already riding two EURUSD sell entries. Another possible sell opportunity could be forming for traders that are not in yet. EURUSD Possible Bearish Scenario Watch for price to tap 4 Hour FVG (Purple) first. Watch for a bearish shift and bearish reversal signs in the FVG zone. Wait for all above to play out first then plan the sell entry, stops and targets with confidence. If price continues higher and breaks above the July 27 2026 high then trade setup is cancelled and if price breaks below the July 27 2026 low without tapping the 4H FVG then trade setup is cancelled. EURUSD 15 Minute Chart July 27 2026 EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX A trader should always have multiple strategies all lined up before entering a trade. Never trade off on

The short‑term Elliott Wave outlook in Gold (XAUUSD) indicates that the rally to $4204 marked the completion of wave ((B)), after which the metal turned lower in wave ((C)). The internal subdivision of wave ((C)) is unfolding as a five‑wave structure. Within this sequence, wave (1) ended at $3983.2. The subsequent rally in wave (2) developed as an expanded flat formation. From the wave (1) low, wave A advanced to $4103.7, followed by a pullback in wave B that reached $3959.3. The final leg, wave C, extended higher to $4166.07, completing wave (2) at a higher degree. From this point, the metal resumed its decline in wave (3). Down from wave (2), wave ((i)) ended at $4099.03, while the corrective rally in wave ((ii)) concluded at $4141.05. The expectation is for Gold to extend two additional

Hut 8 Corp (NASDAQ: HUT) more than doubled earlier this year. Then, it started a correction from its June peak. In today’s video blog, we inspect its current Elliott Wave structure. Our analysis explains the potential upside target based on this technical setup. Elliott Wave Analysis HUT completed a five-wave advance in wave III at $66.07 in June 2026. Since then, it formed a three-wave zigzag structure (A-B-C). Wave ((A)) ended at $101.5. Subsequently, wave ((B)) bounced to $129.88. Then, wave ((C)) traded lower into the buying Blue Box at the equal legs area $90.27 – $65.83 . Wave IV is marked at the recent low of $83.30. From there, the stock is reacting to the upside. It will either resume the rally to new highs or bounce in three waves at minimum. As long as HUT stays above $83.30, it