The short‑term Elliott Wave outlook for EURUSD indicates that a five‑wave impulsive structure is developing from the August 21, 2026 high. From that peak, wave (i) concluded at 1.1566, followed by a corrective rally in wave (ii) that terminated at 1.1654. The pair then resumed its decline in wave (iii), which is unfolding with internal subdivision into another five‑wave sequence of lesser degree. Within this sequence, wave i ended at 1.145, while wave ii retraced modestly to 1.1495. The market continued lower in wave iii, reaching 1.1359, before a brief rally in wave iv that ended at 1.141. Current price action suggests that wave v of (iii) is nearing completion. Once this segment concludes, EURUSD should enter a corrective bounce in wave (iv), which will provide temporary relief before th
XLV Elliott Wave: Trading Setup Unfolds as Expected
Hello fellow traders, As our members know, we have identified a number of interesting trading setups recently, including the XLV ETF setup. Our Elliott Wave analysis identified a clear three-wave correction from the recent peak, with price eventually reaching the Equal Legs area marked as our Blue Box buying zone. The Blue Box defines an important area where we look for a potential entry, while the Elliott Wave structure helps us assess the setup, manage risk, and identify potential targets. In the sections below, we will take a closer look at the XLV setup and walk through how the opportunity developed. XLV Elliott Wave 4 Hour Chart – 9.9.2026 The Health Care Select Sector SPDR Fund (XLV) is showing a clear three-wave pullback from the recent high. Price has now reached our Blue Bo
Taiwan Semiconductor (TSM) Aiming for a Break Above $500
Taiwan Semiconductor (NYSE: TSM) maintains its bullish cycle from the 2022 low. Bulls continue to seek further upside extension. In today’s article, we examine the current Elliott Wave structure unfolding. Our analysis highlights the potential for higher targets ahead. TSM shows an impulsive advance from its 2022 low. Wave I peaked at $226, followed by a wave II pullback to $134. Currently, wave III remains in progress and enters its final stage. The internal cycle of this rally also shows a three-wave advance. Wave ((3)) ended at $479. Then, a pullback in wave ((4)) reached $372 in August 2026. As long as this low holds, the stock should continue rallying in wave ((5)). It will target the $504 – $545 area. That zone will likely see some profit-taking. It could also mark the wave III peak.
Silver Miners (SIL) Looking for a Double Correction
Launched in 2010, the Global X Silver Miners ETF (SIL) provides investors with diversified exposure to leading silver mining companies worldwide. By tracking the Solactive Global Silver Miners Total Return Index, it offers a straightforward entry into the sector through a single trade. The fund has become a useful vehicle for those seeking to participate in the performance of the broader silver mining industry without the need to select individual stocks. SIL (Silver Miners ETF) Monthly Elliott Wave Chart On the monthly Elliott Wave chart, SIL registered a new all‑time high in January, reinforcing a bullish outlook. A major low was established in January 2016 at $14.94, identified as Grand Super Cycle wave ((II)). From this foundation, the ETF advanced into the nesting phase of wave ((III)
Goldman Sachs (GS) Strategic Buying Zone Below $1000
Goldman Sachs (NYSE: GS) is down 20% from its peak. Investors now wonder if the stock has entered a bear market. In today’s article, we examine the current Elliott Wave structure unfolding. Our analysis explains the bullish case supporting a resumption of the uptrend. GS marked the wave III peak on July 15, 2026, at $1154. Then, it started a corrective decline in wave IV. The current move from the peak unfolds within a seven-swing structure. This pattern is labeled as a double three (W-X-Y). Wave ((W)) ended at $977, followed by wave ((X)) at $1077. Now, wave ((Y)) remains in progress. The internal short-term structure of wave ((Y)) suggests a zigzag A-B-C pattern. Wave C aims to reach the main Blue Box at the equal legs area $898 – $788 . This extreme buying area should trigger a market r
Elliott Wave View: Gold (XAUUSD) Working Through Zigzag Pattern
The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the August 25, 2026 high is unfolding as a zigzag corrective structure. From the August 25 peak, wave A concluded at $4282.23, followed by a rally in wave B that terminated at $4509.59. The metal has since resumed its decline in wave C, which is subdividing into a five‑wave impulse pattern. This development highlights the continuation of corrective pressure within the broader structure. From the peak of wave B, wave ((i)) ended at $4252.70, while the subsequent rally in wave ((ii)) concluded at $4399.58 in the form of an expanded flat. The market then turned lower again in wave ((iii)), which itself subdivides into another five‑wave sequence of lesser degree. Within this decline, wave (i) ended at $4243.94, and
Does Elliott Wave Actually Work? Honest Answer With Real Charts (2026)
Quick answer Yes, Elliott Wave does work as a structure-and-risk framework when you respect rules, alternate counts, and a hard invalidation. It fails when labels are forced with no exit. Below: the S&P 500 reaction from the March 2026 Blue Box buying area, a Gold path that held, and EURJPY where the count broke and the desk adjusted. Key question: Does Elliott Wave work, or is it chart astrology? Key Takeaways Elliott Wave is not magic and not pure astrology. Rules and invalidation separate the two. “Works” means clearer path and defined risk, not a promise that every label is right forever. SPX (March 2026 Blue Box buying area → September 2026 bullish sequence) and Gold (2022 wave IV Blue Box → multi-year advance) show structure holding in real time. EURJPY (August 2026) shows a path
AIZ Elliott Wave Trade Setup Targets $417 from Blue Box
Assurant Inc. (NYSE: AIZ) is currently approaching a critical support zone, signaling the potential conclusion of a two-month bearish correction. As the stock tests this key level, it appears poised to resume its primary long-term bullish trend. About AIZ Assurant Inc. (NYSE: AIZ) is a leading global provider of risk management and insurance solutions, serving the housing and lifestyle markets. Headquartered in Atlanta, it operates across Global Housing and Global Lifestyle segments, offering products such as mobile device protection, vehicle service contracts, and renters insurance. With operations in over 20 countries, Assurant partners with major financial institutions and retailers, leveraging data-driven innovation to deliver consistent growth and strong shareholder value. AIZ Long Te
QQQ Elliott Wave Forecast: Bullish Reaction from the Blue Box
The Nasdaq 100 ETF (QQQ) recently executed a textbook reaction from our high-probability turning zone, reaffirming the reliability of wave structure and sequence analysis in tracking market trends. Below, we review how the setup was anticipated prior to the inflection point and how the price action unfolded after reaching the forecast zone. The Setup: Anticipating the Blue Box (Before) In the initial 4-hour forecast from 07.20.2006, QQQ was correcting lower after completing a 5-wave impulse sequence at the 771.03 high. Corrective Structure: The chart identified a 7-swing double three structure, where wave ((w)) completed a 3-wave internal decline, followed by a connector wave ((x)). Target Zone: Using the 100% – 161.8% Fibonacci extension of wave ((w)) projected from wave ((x)), we highlig
DAX Outlook: Five‑Swing Elliott Wave Structure From August 28 High Projects 24,350
The short‑term Elliott Wave view in DAX shows that the decline from the August 28, 2026 high is unfolding as a five‑swing corrective sequence. A five‑swing sequence is a motive structure that favors continuation lower. The decline is proposed to be taking the form of a double three Elliott Wave structure. From the August 28 high, wave (a) ended at 25,727.93. A rally in wave (b) terminated at 26,167.93. The subsequent move lower in wave (c) ended at 25,172.89, completing wave ((w)). A corrective rally in wave ((x)) then finished at 25,798.75. Afterward, the Index resumed its decline in wave ((y)), breaking below the prior wave ((w)) low. This resumption confirms the bearish sequence and strengthens the case for further downside. The target for wave ((y)) can be projected using the 100%–161.