Cameco (CCJ) Double Correction Targets Support Near the $47 – $59 Area
Cameco Corporation (CCJ) is one of the world’s largest uranium producers and a leading supplier of nuclear fuel products used by electric utilities worldwide. Headquartered in Saskatchewan, Canada, the company operates high-grade uranium mines and processing facilities that play a critical role in the global nuclear energy supply chain. In the following charts, we look at the long term Elliott Wave technical outlook. Cameco ($CCJ) Monthly Elliott Wave Chart The monthly Elliott Wave analysis of Cameco (CCJ) suggests that Super Cycle wave (II) completed at the March 2020 low of $5.17. From that pivotal bottom, the stock commenced a powerful impulsive advance in Super Cycle wave (III). The first major subdivision, wave I of (III), topped earlier this year at $135.24. Since then, CCJ has been
Wheat Futures (ZW_F): Incomplete Bearish Sequences Call for a Decline
Hello, fellow traders. In this technical blog, we’ll take a closer look at our Elliott Wave charts for Wheat Futures (ZW_F), originally published in the members’ area of our website.We identified incomplete bearish sequences within the cycle from the 796′ peak, signaling further downside ahead. In the following analysis, we’ll examine the Elliott Wave structure and see how the market followed our projected path lower. ZW_F Elliott Wave 4-Hour Chart 10.15.2026 Wheat Futures (ZW_F) developed bearish sequences within the cycle from the September 2 peak at 796′. Our analysis indicated that the cycle remained incomplete, with price trading within the red Y leg of a potential Double Three pattern. As long as price remained below the red X high at 706′, we expected the commodity to con
Elliott Wave View: S&P 500 Futures (ES) Developing a Five-Wave Move to the Downside
The short-term Elliott Wave outlook for S&P 500 E-Mini Futures (ES) remains bearish. Price action suggests the index has begun a larger impulsive decline from the October 6, 2026 high. The current structure continues to favor additional downside as the broader five-wave sequence develops. From the October 6 peak, wave i declined and ended at 7648.50, as shown on the 1-hour chart. The market then staged a corrective recovery in wave ii, which concluded at 7819.50. After completing that correction, sellers regained control and pushed the index lower in wave iii. This decline reached 7558.25 before a countertrend rally emerged. The subsequent bounce in wave iv ended at 7693.75. From there, the index resumed lower in wave v and reached 7546. This move completed wave (i) of a higher degree.
Elliott Wave Analysis: Oil (CL) Maintains a Bullish Bias Following a Five-Swing Rally
Oil continues to display a bullish Elliott Wave structure despite the ongoing correction. The larger trend remains constructive because the commodity completed a clear five-swing advance from the July 2, 2026 low. This pattern supports the view that buyers remain in control over a higher time frame. As a result, the current pullback appears corrective rather than the start of a larger bearish reversal. From the July 2 low, wave (1) advanced to $93.50 before wave (2) corrected to $74.24. The market then resumed higher in wave (3), which reached $106.75. A subsequent pullback in wave (4) unfolded and finished at $86.86. From there, Oil extended higher in wave (5) and peaked at $110.48. This five-wave sequence completed wave ((1)) of a higher degree, as shown on the 90-minute chart. Following
Elliott Wave Analysis: Nikkei Futures (NKD) Continues Lower in a Fresh Bearish Leg
The short-term Elliott Wave outlook for Nikkei Futures (NKD) suggests that the index has resumed its decline and remains within a developing bearish sequence. The price structure from the October 6 high continues to support a negative bias. Since that peak, the market has established a lower-low sequence, reinforcing the view that sellers remain in control. The decline is unfolding as a zigzag correction, a pattern that often precedes an extended move in the direction of the prevailing trend. From the October 6 high, wave A completed at 61,680. The index then staged a recovery in wave B, which ended at 65,525, as illustrated on the 1-hour chart. Although the bounce was notable, buyers failed to sustain momentum above the wave B peak. As a result, selling pressure returned and shifted the f
Google Stock (GOOGL): Incomplete Bearish Sequences Called the Decline
Hello, fellow traders. In this technical blog, we’ll take a closer look at our Elliott Wave charts for the Google Stock (Googl), published in the members’ area of our website. We identified incomplete bearish sequences within the cycle from the 384.57 peak, calling for further downside. In the following analysis, we’ll review the Elliott Wave structure and see how the market followed our outlook. Googl Elliott Wave 1-Hour Chart 10.27.2026 Google Stock developed bearish impulsive sequences in the cycle from the 359.22 peak. Our analysis indicated that the cycle was still in progress, with price entering a wave 4 recovery. Since wave 4 corrections are typically shallow, we anticipated a potential bounce toward the 23.6%–38.2% Fibonacci retracement zone of wave 2, which came at 322.77–3
Copper Futures (HG_F) Elliott Wave: Forecasting the Path Ahead
Hello fellow traders, In this technical article, we’ll look at the Copper Futures (HG_F) Elliott Wave charts published in our members’ area. As our members know, the commodity is trading within the cycle from the 6.9275 peak. In the following sections, we’ll break down the Elliott Wave structure and explain how we forecasted the path ahead. We will also review the important technical areas. For those who are not familiar with the most common Elliott Wave structures, we recommend checking out our Free Educational Page to learn more. HG_F Elliott Wave 4 Hour Chart 10.22.2026 Copper has delivered the expected decline within the cycle from the 6.9275 peak, as explained in our previous article. The commodity has formed a clear seven-swing pattern within this cycle and approached the extre
Hang Seng Elliott Wave Forecast: Mapping the Path Ahead
Hello, fellow traders. In this technical blog, we’ll take a closer look at our Elliott Wave charts for the Hang Seng Index, published in the members’ area of our website. We identified the completion of the cycle from the June 26 low and anticipated a deeper pullback against the 22,517 low. In the following analysis, we’ll review the Elliott Wave structure and see how the market followed our outlook. Hang Seng Elliott Wave 1-Hour Chart 09.10.2026 Back then, we considered the cycle from the 22,517 low to have completed at the 26,190 peak. The price structure was relatively sideways at the time, and our analysis suggested that the market was still in the early stages of a deeper correction, with further downside expected. The key level at that stage was the 26,190 peak. As long as the
NZDJPY : Trading With the Wave Count and Banking +172 Pips (+4%)
October 27 2026 we advised EWF members that the NZDJPY pair was in a bearish corrective wave count and that a reversal move lower was coming. NZDJPY 1 Hour Chart Asia Update October 27 2026 (Bearish Wave Count) NZDJPY, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX On October 27 2026 I entered the SELL trade when NZDJPY tapped the supply zone (Grey). Visible bearish divergence pattern (Purple) which formed in the supply zone (Grey) was another signal the pair would reverse lower. Together with the bearish wave count I entered the sell entry with confidence. NZDJPY 1 Hour Chart October 27 2026 (Entry) NZDJPY 1 Hour Chart October 27 2026 (Target HIT) NZDJPY moves lower and on October 27 2026 price hits the 4R target at 88.18 from 89.90 and I closed the sell trade for
Analysts remain constructive on biotechnology heading into the end of 2026. State Street highlights stronger biopharma innovation and improving industry fundamentals. Moreover, Fidelity expects M&A, innovation, and positive clinical data to remain important biotech catalysts. These trends should continue supporting investor interest in XBI through year-end. J.P. Morgan also reports stronger public biotech performance and improving IPO activity during 2026. Meanwhile, M&A remains significant as larger drugmakers continue searching for external innovation. Therefore, analysts see a favorable backdrop for biotechnology during the final quarter. However, XBI can remain volatile because smaller biotech companies still depend heavily on funding and clinical results. Elliott Wave Structur