To The Moon

The Global X Silver Miners ETF (SIL) provides investors with diversified exposure to leading silver mining companies across the globe. Since its launch in 2010, the fund has tracked the Solactive Global Silver Miners Total Return Index, offering a straightforward way to participate in the sector through a single trade. In the discussion that follows, we examine the ETF’s Elliott Wave technical outlook. SIL (Silver Miners ETF) Monthly Elliott Wave Chart The monthly Elliott Wave chart of the Silver Miners ETF (SIL) suggests the ETF is nesting higher after completing the wave ((II)) pullback at $14.94. From that low, wave I advanced to $54.34, followed by a wave II correction down to $16. The ETF then nested higher, with wave ((1)) peaking at $52.87 and wave ((2)) retracing to $21.26. Subsequ

Carvana Co (NYSE: CVNA) soared over 13,000% in three years, capturing the market’s attention. However, financial markets never move in straight lines. In this article, we delve into the Elliott Wave analysis. Our study uncovers the current pullback and the next potential investment opportunity. Elliott Wave Analysis Despite its 98% correction in 2022, CVNA recovered fully and broke to new all-time highs. The stock created an impulsive five-wave advance from the wave ((II)) low of $3.62. This rally surged over 13,000%, completing wave (I) at $486. Most importantly, CVNA established a bullish sequence. It shows three swings into new highs since its IPO. This confirms strong bullish momentum. Subsequently, CVNA now needs to correct this entire rally within wave (I). Therefore, the stock shoul

The Industrial Select Sector SPDR Fund (XLI) achieved a new all‑time high in March 2026, reinforcing the view that the dominant trend remains to the upside. The advance from the April 2025 low, however, has unfolded in only three waves, which implies that further gains are still favored. From the April 2025 bottom, wave (1) concluded at $155.15, followed by a corrective pullback in wave (2) that ended at $147.13. Wave (3) then carried prices higher, reaching $179.31 as reflected in the one‑hour chart. The subsequent decline formed wave (4), which is proposed complete at $170.21. Internally, this correction developed as a zigzag Elliott Wave structure. Specifically, wave A ended at $172.67 and wave B rebounded to $178.21. Wave C declined to $170.21, thereby completing wave (4). This termina

Platinum (PL) broke to new all-time highs late last year, signaling the potential start of a secular bullish market in the years ahead. In this article, we examine the long-term outlook for the metal and its evolving Elliott Wave structure. Platinum (PL) Monthly Elliott Wave Chart The monthly Platinum chart shows the metal has broken out to new all-time highs, reinforcing a bullish outlook. Platinum remains in a multi-year secular uptrend. The rally from January 1992 to the March 2008 peak completed wave ((I)) at 2308.8. This was followed by a corrective zigzag decline to 563, marking the end of wave ((II)). From that low, the metal resumed higher and has now broken into fresh highs with an impulsive internal structure. From wave ((II)), wave (I) ended at 1348.2, while the subsequent pullb

The short-term Elliott Wave outlook for EURUSD indicates that the rally to 1.2083 on January 27 marked the completion of wave (1). Following this peak, the pair entered a corrective phase in wave (2), which unfolded as a double three structure. From the high of wave (1), wave W concluded at 1.1776, while wave X ended at 1.1928. Subsequently, wave Y developed into a zigzag formation. Within this sequence, wave ((a)) finished at 1.1742, and wave ((b)) reached 1.1834, as illustrated clearly in the one-hour chart. Wave ((c)) then extended lower, reaching the critical inflection zone between 1.142 and 1.161. This area corresponds to the 100%–161.8% Fibonacci extension of wave ((a)), a level often watched closely by traders for potential reversals. The pair has already begun to turn higher after

Hello everyone! In today’s article, we’ll review the recent performance of Amazon.com Inc ($AMZN) through the lens of Elliott Wave Theory. We’ll look at how the pullback from all-time highs unfolded as a textbook 7-swing correction and discuss what could come next. Let’s explore the structure and the expectations for this stock. 5 Wave Impulse + 7 Swing WXY correction $NVDA    $NVDA $AMZN Daily Elliott Wave Chart 2.08.2026: $AMZN In the daily Elliott Wave count from Feb 08, 2026, we saw that $AMZN completed a 5-wave impulsive cycle from Apr 2025 low at red I. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the blue box area between $205.42 and $178.52. This setup aligns with a typical Elliott Wave correction pattern (WXY), in which the market pau

Short-term Elliott Wave analysis indicates that the rally to 7002.28 on January 28, 2026 marked the completion of wave 1. Following this advance, the market entered a corrective phase. The wave 2 pullback recently concluded at 6712, as illustrated in the one-hour chart. This decline corrected the cycle that began from the November 21, 2025 low, and its internal subdivisions unfolded in a double three structure, a common corrective pattern within Elliott Wave theory. From the peak of wave 1, the first leg lower, wave ((w)), ended at 6780.13. A subsequent rally formed wave ((x)), which terminated at 6993.48. The final leg, wave ((y)), pushed lower and ended at 6712.08. This level aligns with the 100%–161.8% Fibonacci extension of wave ((w)), measured at 6629–6768, reinforcing its significanc

The EURJPY pair was on a higher high/higher low sequence in February 2026 so the obvious was to only look for buy opportunities. February 24 2026 the pair formed a bullish divergence pattern (Red) in the FVG top level (Blue line) then pushed higher and broke above the shift level (Black line) signalling that the pair was gearing up to rally higher again. I posted on February 24 2026 the buy/long trade chart below on social media @AidanFX and also posted the entry, stop loss and targets. “Bought at 183.52 with stop loss at 183.20 and minimum target at 2R 184.16 and maximum target at 3R 184.48.” EURJPY 15 Minute Chart February 24 2026 (Entry) EURJPY, trading, elliottwave, bullish market patterns, forex, @AidanFX, AidanFX EURJPY 15 Minute Chart February 25 2026 (Targets HIT) EURJPY, trading,

The short-term Elliott Wave structure in EURJPY continues to indicate a bullish trend. Examination of the 45‑minute chart reveals that the pullback from the wave ((iii)) high unfolded in three distinct waves. This formation suggests a corrective nature rather than the beginning of a larger reversal. Thereby, it supports the expectations of further upside momentum. The rally from the February 13 low is proposed to develop as a five‑wave impulse. From the February 13 low, wave ((i)) concluded at 182.27, followed by a retracement in wave ((ii)) that ended at 180.80. The pair then advanced in wave ((iii)), which itself unfolded as an impulse of a lesser degree. Within this sequence, wave (i) terminated at 183.15, while the corrective wave (ii) ended at 181.98. Subsequent strength carried wave

The S&P 500 E-Mini Futures (ES) has largely traded sideways with a modestly bullish bias since October 2025. The short-term cycle, which began from the November 21, 2025 low, remains in progress as a five-wave Elliott Wave structure. Wave 1 concluded at 7043, marking the all-time high in the Index. Following this peak, price action shifted lower in a zigzag formation. Specifically, wave ((a)) ended at 6864.5, while wave ((b)) terminated at 7011.5, as reflected in the one-hour chart. Wave ((c)) then extended lower to 6791.6, completing wave 2 at a higher degree. From that point, the Index turned upward into wave 3. However, a decisive break above the wave 1 high at 7043 is still required to eliminate the possibility of a larger double correction. From the wave 2 low, wave (i) advanced t