Elliottwave_Forecast

Elliott Wave Forecasts of 78 markets.

    • Elliottwave_ForecastElliottwave_Forecast
      ·06-05 21:03

      Elliott Wave Outlook: S&P 500 (SPX) Extends Impulsive Advance

      The S&P 500 (SPX) continues to push into new all‑time highs, advancing in a clear impulsive structure. The current cycle began from the March 30, 2026 low, where wave 1 concluded at 7147.78. A corrective dip followed, with wave 2 ending at 7046.55. From that point, the Index established a nested sequence higher in wave 3. Within this progression, wave ((i)) terminated at 7517.12, while the subsequent pullback in wave ((ii)) found support at 7336.33. Momentum has since carried the Index higher in wave ((iii)). From the low of wave ((ii)), wave (i) ended at 7620.90, and the retracement in wave (ii) completed at 7523.58. As long as the pivot at 7336.33 remains intact, near‑term pullbacks are expected to hold support. These corrections should unfold in either three or seven swings before t
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      Elliott Wave Outlook: S&P 500 (SPX) Extends Impulsive Advance
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-04

      Warner Bros. Discovery (WBD) Targets Fresh All-Time Highs

      Warner Bros. Discovery (NASDAQ: WBD) appears to have completed a significant long-term corrective cycle and is now showing signs of a new bullish trend. The monthly Elliott Wave chart suggests the stock finished a large 3 wave flat correction at the 2024 low near 6.64 in wave II, which now serves as the key invalidation level for the bullish outlook. Following that low, buyers stepped in aggressively and triggered a strong recovery. The reaction from this area supports the view that a major bottom is already in place and that a new impulsive cycle has begun. From the 2024 low, WBD has started to build a five-wave advance. The initial rally appears to have completed wave (1), followed by a corrective wave (2). The stock is now expected to continue higher in wave (3), which is typically the
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      Warner Bros. Discovery (WBD) Targets Fresh All-Time Highs
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-04

      Elliott Wave View: QQQ Correcting Cycle from May 18

      The Nasdaq 100 ETF (QQQ) established a significant low on March 31, 2026, at $555.55. From this level, the ETF advanced in wave (1), reaching $722.03, before a corrective pullback in wave (2) concluded at $695.25. The subsequent rally unfolded as wave (3), structured as a clear impulsive Elliott Wave sequence. Within this move, wave ((i)) terminated at $706.49, followed by wave ((ii)) at $700.20. Momentum then carried wave ((iii)) to $737.60, before wave ((iv)) corrected to $725.27. The final leg, wave ((v)), extended to $748.65, completing wave 1 of the higher degree cycle. At present, QQQ is pulling back in wave 2, correcting the cycle from the May 19, 2026 low. This phase has already produced wave ((w)), which ended at $741.01, and a counter‑trend rally in wave ((x)), which peaked at $7
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      Elliott Wave View: QQQ Correcting Cycle from May 18
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-04

      Apple (AAPL) Elliott Wave: Perfect Reaction From The Blue Box

      Apple (AAPL) Elliott Wave: Perfect Reaction From The Blue Box By EWF VladaJune 4, 2026 · 3 min read Hello fellow traders. In this technical article, we are going to present Elliott Wave charts trading setup of  Apple Stock (AAPL ).  The stock completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box. In the following sections, we’ll break down the Elliott Wave structure in detail and explain the setup and present the target levels. AAPL Elliott Wave 1 Hour  Chart 06.01.2026 The current analysis suggests that Apple stock is forming a wave ((ii)) black pull back.  Blue Box, buying zone comes at 307.73-304.33. We recommend members avoid selling Apple stock, as the main trend remains bullish. We anticipate at least a 3-wave bounce from th
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      Apple (AAPL) Elliott Wave: Perfect Reaction From The Blue Box
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-03

      Micron Technology (MU) Bullish Path Targets $1400

      Micron Technology Inc (NASDAQ: MU) stands as one of the largest semiconductor producers in the USA. It trails only giants like NVIDIA and Intel. In recent months, the stock price doubled to a milestone above $1000. This article explores the bullish Elliott Wave structure behind MU’s upward trajectory. Our analysis highlights potential advances and key targets for investors. Since its April 2025 low, MU started a new impulsive advance within wave (III). This created a bullish nesting structure. The current rally shows an incomplete sequence within wave ((3)) of III. Therefore, this represents the strongest wave of the entire cycle. The stock’s initial target sits at the $1159 – $1278 equal legs area. However, this zone will not stop the rally. The full extension comes at the $1472 Fibonacci
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      Micron Technology (MU) Bullish Path Targets $1400
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-03

      Elliott Wave View: Exxon Mobil (XOM) Rally Eyes $153 Before Renewed Downside Risk

      Exxon Mobil (XOM) achieved a historic all‑time high of $176.4 on March 30. Since that peak, the stock has entered a corrective phase, unfolding in a double three Elliott Wave structure. The initial decline, identified as wave ((W)), concluded at $141.97. A subsequent rebound in wave ((X)) reached $163.65 before the downward trend resumed. Price must break below the $141.97 low of wave ((W)) to confirm this bearish view. Wave ((Y)) is developing as a zigzag formation. From the wave ((X)) high, wave 1 ended at $155.35, followed by wave 2 at $159.39. The third wave extended lower to $145.75, while wave 4 produced a modest rally to $151.17. The final leg, wave 5, terminated at $144.71, completing wave (A) of a higher degree. At present, wave (B) is unfolding as a corrective rally. This move is
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      Elliott Wave View: Exxon Mobil (XOM) Rally Eyes $153 Before Renewed Downside Risk
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-02

      Elliott Wave Analysis: GBPUSD Five Swing Advance from May 18 Signals Upside

      The short‑term Elliott Wave outlook for GBPUSD indicates that the rally from the March 31, 2026 low is progressing as a five‑wave impulse. From that date, wave 1 concluded at 1.3658, followed by a corrective pullback in wave 2 that ended at 1.33. The pair then advanced in wave 3, establishing a clear impulsive structure. Within wave 1, wave (i) terminated at 1.345, while the subsequent pullback in wave (ii) ended at 1.337. The advance continued with wave (iii) reaching 1.346, before wave (iv) corrected to 1.342. The final leg, wave (v), pushed higher to 1.35, completing wave ((i)). The correction in wave ((ii)) found support at 1.3367, and the pair has since resumed its upward trajectory in wave ((iii)). This development reinforces the bullish interpretation, as the five‑swing rally from t
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      Elliott Wave Analysis: GBPUSD Five Swing Advance from May 18 Signals Upside
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-02

      ASTS Forecast: Buyers Look To Buy Between $87.04 – $69.44 Area

      AST SpaceMobile, Inc., (ASTS) together with its subsidiaries designs & develops the constellation of BlueBird Satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use & other applications for government use. It comes under Technology sector & trades as “ASTS” at Nasdaq. ASTS favors bullish sequence in weekly started from 4.02.2024 low. It ended (I) at $129.89 high (1.30.2026) & (II) at $63.13 low (5.05.2026). The buyers are looking for pullback into Blue box area for another long set up against May-2026 low. It made all time low of $1.97 in April-2024 low. Above there, it ended I of (I) at $39.08 high, II at $17.50 low, III at $102.79 high, IV at $49.31 low & V at $129.89 high
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      ASTS Forecast: Buyers Look To Buy Between $87.04 – $69.44 Area
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-02

      HINDCOPPER Forecast Points to 859–1052 as Wave (5) Begins

      Hindustan Copper (NSE: HINDCOPPER) continues to show a strong bullish Elliott Wave structure despite the recent pullback from the February 2026 high. The stock completed wave (2) near 234.52 in September 2025 and then began a powerful rally in wave (3). From that low, price developed a clear five-wave advance and surged into the January-February 2026 peak. Wave (3) extended strongly and topped near the 758 region. Strong buying pressure and bullish momentum supported the advance throughout the rally. The move also formed clean impulsive subdivisions, reinforcing the view that the larger trend remains bullish. After wave (3) ended, Hindustan Copper entered a corrective phase in wave (4). The decline unfolded as an A-B-C structure and reached a low near the 445 region. Importantly, the corre
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      HINDCOPPER Forecast Points to 859–1052 as Wave (5) Begins
    • Elliottwave_ForecastElliottwave_Forecast
      ·06-01

      Riot Platforms Breaks Out Toward $30 Target

      Riot Platforms Inc (NASDAQ: RIOT) stands as a key player in the crypto mining space. The stock has positioned itself for further growth. In this article, we explore the bullish Elliott Wave Structure behind RIOT’s upward trajectory. This analysis highlights potential advances and opportunities for investors. Riot shows an incomplete bullish sequence from its February 2026 low. The stock managed to break above the 2025 peak of $23.90. Currently, it trades within wave (5) of ((3)). This cycle from the March 2026 low is entering its final phase. The target area sits at $28.20 – $30.40. Therefore, Riot should soon end this regular impulse. Then, a corrective three-wave pullback in wave ((4)) will begin. We still expect bulls to support the following correction. They will look to buy it in 3, 7
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      Riot Platforms Breaks Out Toward $30 Target
     
     
     
     

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