To The Moon

Apple (AAPL) Looking to Complete Impulsive Rally December 7, 2023 By EWFHendra Cycle from 10.27.2023 low in Apple (AAPL) remains in progress as a 5 waves impulse Elliott Wave structure. Up from 10.27.2023 low, wave (1) ended at 181.9 and pullback in wave (2) ended at 169.33. The stock then rallies again in wave (3) towards 192.93. Pullback in wave (4) ended at 187.45 as a double three Elliott Wave structure. Down from wave (3), wave ((a)) ended at 190.82, wave ((b)) ended at 191.70, and wave ((c)) lower ended at 188.90. This completed wave W. Rally in wave X ended at 192.09 as a zigzag structure. Up from wave X, wave ((a)) ended at 191.08, wave ((b)) ended at 189, and wave ((c)) ended at 192.09. Down from wave X, wave ((w)) ended at 188.19, wave ((x)) ended at 191.56, and wave ((y)) ended

Oil (CL) Should See at Least 3 Waves Rally Soon December 6, 2023 By EWFHendra Cycle from 9.28.2023 high in Oil (CL) is in progress as a 5 waves impulse Elliott Wave structure. Down from 9.28.2023 high, wave 1 ended at 81.50 and rally in wave 2 ended at 90.78. Oil then extended lower in wave 3 towards 72.16. Wave 4 at 79.55 as the 1 hour chart below shows. Up from wave 3, wave ((a)) ended at 78.22, and dips in wave ((b)) ended at 73.79. Wave ((c)) higher ended at 79.55 which completed wave 4. Up from wave ((b)), wave (i) ended at 77.15 and wave (ii) ended at 74.06. Wave (iii) ended at 79.6, wave (iv) ended at 77.91, and wave (v) ended at 79.55 which completed wave ((c)) of 4. Oil has turned lower in wave 5. Internal subdivision of wave 5 is unfolding as a 5 waves impulse structure. Down fro

NIKKEI Futures (NKD_F) Found Buyers At The Blue Box December 6, 2023 By EWF Vlada Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NIKKEI Futures published in members area of the website.  As our members know NIKKEI Futures has recently  made pull back that has unfolded as Elliott Wave Double Three Pattern. It made clear 7 swings from the November 20th peak and completed correction right at the Equal Legs zone( Blue Box Area) . In further text we’re going to explain the  Elliott Wave pattern  and trading setup. NIKKEI Elliott Wave 1  Hour  Chart 12.04.2023 NIKKEI is doing correction that is unfolding as a 7 swings pattern. Pull back has ((w))((x))((y)) labeling. The price structure is incomplete at

$BIDU: Tech Stock Baidu Reacting from Daily Bluebox Area December 6, 2023 By EWF Helgi Baidu Inc. is a Chinese multinational technology company specializing in internet related products and artificial intelligence (AI). The company offers various services, including a Chinese search engine, mapping service called Baidu Maps, an online encyclopedia Baidu Baike, a cloud storage service Baidu Wangpan and more.  Founded 2000, it is headquartered in Haidian District, Beijing, China. International investors can trade it under the ticker $9888 at HKEX. Also, one can trade Baidu under the ticker $BIDU at NASDAQ. Baidu Monthly Elliott Wave Analysis 12.05.2023 The monthly chart below shows the Baidu shares $BIDU traded at NASDAQ. From the IPO, the st

Dow Futures (YM_F) Sequence Remains Bullish December 5, 2023 By EWFHendra Dow Futures (YM_F) shows incomplete sequence from 10.3.2022 low favoring further upside. Rally from 10.3.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 10.3.2022 low, wave (1) ended at 35228 and dips in wave (2) ended at 32409. Wave (3) higher is in progress as an impulse in lesser degree. Up from wave (2), wave 1 ended at 34315 and dips in wave 2 ended at 33913. Index then resumed higher in wave 3 towards 36338. The 45 minutes chart below shows the move higher in wave 3. Up from wave 2, wave ((i)) ended at 35456 and pullback in wave ((ii)) ended at 35309. Up from wave ((ii)), the Index is nesting in wave (i) at 35641 and dips in wave (ii) ended at 35456. Index then resumed higher in wave

Coinbase Global (NASDAQ: COIN) Bullish Cycle In Progress December 5, 2023 By EWFAyoub Coinbase Global (NASDAQ: COIN) went public on April 14, 2021 with its Initial Public Offering (IPO) and the stock reached its peak on the same day. Subsequently, the cryptocurrency sector was hit hard by the bear market, causing COIN to lose 90% of its value over the following 21 months . Since the beginning of this year, Coinbase has shown an impressive rally of +350% 12. Let’s take a look at the Elliott Wave Structure to explore the potential path for the coming years. As we can see on the following weekly chart, COIN’s decline since 2021 unfolded as a corrective 3 waves ZigZag structure labeled in wave (II) at $31.55. The initial rally from the lows is showing 5 swings to

Costco Wholesale (COST) Continues Further upside & Remain Supported December 5, 2023 By EWFRaj Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded & private label products in the range of merchandise categories. It also operates e-commerce websites in the US, Canada, UK & many other countries. It is based in Issaquah, Washington, comes under Consumer Defensive sector & trades as “COST” ticker at Nasdaq. As shown from the previous article, COST extend higher in 3 of (3). It favors small upside in ((v)) to finish 3 of (3) soon before correcting in 4 as the par

Will the Santa Rally Appear this 2023 in the Capital Market? December 4, 2023 By EWFLuis The 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 th

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

Chart of The Day 5 December: Dow Futures $E-mini Dow Jones - main 2312(YMmain)$ sequence remains bullishDow Futures (YM_F) shows incomplete sequence from 10.3.2022 low favoring further upside. Rally from 10.3.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 10.3.2022 low, wave (1) ended at 35228 and dips in wave (2) ended at 32409. Wave (3) higher is in progress as an impulse in lesser degree. Up from wave (2), wave 1 ended at 34315 and dips in wave 2 ended at 33913. Index then resumed higher in wave 3 towards 36338.The 45 minutes chart below shows the move higher in wave 3. Up from wave 2, wave ((i)) ended at 35456 and pullback in wave ((ii)) ended at 35309. Up from wave ((ii)), the Index is nesting in wave (i) at 35