Elliott Wave Forecast

We provide Technical Analysis and Signals for Most Popular World Markets including Forex, Commodities, Indices, Stocks, ETFs and Bitcoin based in Elliott Wave Theory.

Amazon (AMZN) Elliott Wave : Impulsive Sequences Calling The Rally

Elliott Wave Analysis: Dollar Index (DXY) Remains Bullish Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Amazon stock. We have been calling for the rally in the stock due to impulsive bullish sequences in the cycles from the June lows. Consequently, we recommended members to avoid selling the stock, while keep favoring the long side in near term. In the further text we are going to explain the Elliott Wave Forecast.

Elliott Wave Analysis: Amazon Stocks (AMZN) Rallying in a Double Zigzag

Elliott Wave Analysis: Amazon Stocks (AMZN) Rallying in a Double ZigzagShort term Elliott Wave view on Amazon Stocks (AMZN) suggests the decline to $123.66 ended wave ((A)). Wave ((B)) rally is in progress with internal subdivision as a double three Elliott Wave structure. Up from wave ((A)) low at $123.66, wave A ended at $128.50 and pullback in wave B ended at $127.18. Final leg higher wave C ended at $131.38 which completed wave (W). The stock then pullback in wave (X) with internal subdivision as a zigzag.

Elliott Wave Analysis: Crude Oil (CL) Has Reached Daily Support

Elliott Wave Analysis: Crude Oil (CL) Has Reached Daily SupportDecline in Oil (CL) from 7.20.2022 high is unfolding as a zigzag Elliott Wave structure. Down from July 20, wave A ended at 87.01 and wave B rally ended at $97.66. Oil has resumed lower in wave C with subdivision as a 5 waves impulse. Down from wave B, wave (i) ended at $88.27 and wave (ii) bounce ended at $91.61. Oil resumed lower in wave (iii) towards $87.12, wave (iv) ended at $88.63, and final leg lower wave (v) ended at $85.98. This completed wave ((i)) of C.

Elliott Wave Forecast: Caterpillar Inc. ($CAT) has reached inflection area. What’s next?

Elliott Wave Forecast: Caterpillar Inc. ($CAT) has reached inflection area. What’s next?Caterpillar Inc. ($CAT) is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. It is the world’s largest construction-equipment manufacturer. Caterpillar stock is a component of the Dow Jones Industrial Average.

Elliott Wave Forecast: Gold (XAUUSD) Still Has Scope for Further Downside

Elliott Wave Forecast: Gold (XAUUSD) Still Has Scope for Further DownsideShort Term Elliott Wave View in XAUUSD suggests rally to 1765.59 ended wave 2. Wave 3 lower is in progress to complete a cycle from August 10th, 2022 high. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Up from wave 1, wave (a) ended at 1743.85 and pullback in wave (b) ended at 1730.00. Gold extended higher in wave (c) of ((w)) towards 1754.02. Connector wave ((x)) completed as a zigzag correction at 1741.81. The metal then resumed the rally in wave (a) ended at 1755.92 and pullback in wave (b) finished at 1746.72. Final leg higher wave (c) ended at 1765.59 which ended wave ((y)) of 2.

Elliott Wave Forecast: Johnson & Johnson (JNJ) Stocks Expert Analysis

Johnson & Johnson (JNJ) Stocks Expert AnalysisJohnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average, and the company is ranked No. 36 on the 2021 Fortune 500 list of the largest United States corporations by total revenue. Johnson & Johnson is one of the world’s most valuable companies and is one of only two U.S.-based companies that has a prime credit rating of AAA, higher than that of the United States government.

Elliott Wave View: Microsoft (MSFT) Shows 5 Waves Down

Elliott Wave Analysis: Dollar Index (DXY) Remains BullishShort Term Elliott Wave View in Microsoft (MSFT) suggests rally to 294.22 ended wave ((W)). Wave ((X)) pullback is in progress to correct cycle from 14 June 2022 low before it resumes higher again. Internal subdivision of wave ((X)) is unfolding as a zigzag Elliott Wave structure. Down from wave ((W)), wave 1 ended at 290.41 and rally in wave 2 ended at 294.07. The stock then continues lower in an extended wave 3 towards 276.20.

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