To The Moon

In our previous Elliott Wave update on the VanEck Oil Services ETF ($OIH), we highlighted the bullish double nest from the 2020 lows and the strong reaction higher from the major support area. That advance has continued to develop as expected and now appears to have completed wave ((1)). As a result, $OIH has entered a corrective wave ((2)) pullback. The current decline is expected to retrace part of the latest advance before buyers step back in. The key area to watch comes between the 50% and 61.8% Fibonacci retracement at 398.49–388.60, where support should begin to appear. $OIH Wave ((1)) Appears Complete Looking at the weekly chart, $OIH rallied strongly from the July 2026 low and developed an impulsive structure. That advance unfolded through five waves and eventually completed wave (

The short‑term Elliott Wave outlook for Exxon Mobil (XOM) indicates that the rally from the June 25, 2026 low is unfolding as a five‑wave diagonal. From that point, wave (1) concluded at $159.42, followed by a corrective pullback in wave (2) that ended at $149.09. The stock then advanced in wave (3), reaching $168.64. The subsequent pullback in wave (4) developed as a double three structure, with wave W finishing at $162.25, wave X rallying to $165.40, and wave Y declining to $155.37. This sequence completed wave (4) at a higher degree. The advance has since resumed in wave (5). Within this leg, the rally unfolded as a diagonal. Wave ((i)) ended at $165.65, while the dip in wave ((ii)) terminated at $158.75. The third wave, ((iii)), carried prices higher to $167.70, before a modest pullbac

USDJPY delivered a textbook Elliott Wave setup, plunging over 700 pips in a powerful downward expansion after completing its corrective recovery structure. Identifying the Turning Point at 160.00 – 161.00 The chart from 08.18.2026 shows USDJPY completing a three‑wave corrective bounce, labelled wave ((X)), near the 161.00 handle. This counter‑trend recovery from the late‑July low unfolded as a clean (A)‑(B)‑(C) zigzag in ((W)). With the broader sequence favouring the downside, the 164.056 peak stood as the key invalidation level. The structural framework signalled a decisive ‘Turning Down’ move, projecting an aggressive bearish resumption once wave ((X)) concluded against that invalidation point. See below The Impulsive Drop: 5 Waves Down to 152.50 The subsequent price action confirmed the

TeraWulf (NASDAQ: WULF) dropped more than 50% from its all-time high peak in June 2026. In today’s article, we examine the weekly Elliott Wave structure unfolding. Our analysis explores the potential bullish path ahead despite this recent drop. Our earlier analysis identified the impulsive five-wave advance from the 2023 low. The cycle extended to the upside within wave V. It marked a peak of wave (I) in June 2026 at $29.84. This ended the entire rally and started a correction lower in wave (II). That correction could unfold in 3, 7, or 11 swings. The stock is currently completing a three-wave zigzag from its 2026 peak. This decline reached the equal legs area at $16.85 – $10.22. The correction should end there, followed by a bullish reaction in the coming months. Consequently, investors s

$Genpact (G) Climbs +3.67% to $36.43 — Value Play Reclaims Momentum, $38.58 Resistance in Crosshairs 📊 Latest Close Data G closed at $36.43 on 2026-09-15, up +3.67% (+$1.29). The stock sits -25.1% below its 52-week high of $48.64, but has rallied sharply off the $26.85 low. Evening session ticked to $36.87, signaling continued bid. 🔥 Core Market Drivers Genpact's move reflects renewed accumulation by institutional holders — BlackRock, Vanguard, and FMR all held positions steady. Volume ratio of 1.34 indicates above-average participation, while capital flow data shows large-order selling overwhelmed buying ($1.8149M out vs $1.6542M in), suggesting profit-taking capped intraday gains near $36.92. 📈 Technical Analysis • RSI(6): 54.15 — recovered from oversold 21.98 just four sessions ago, now

$Palantir Technologies Inc.(PLTR)$ $Palantir Technologies Inc.(PLTR) Rallied +3.64% to $173.31: AI Data Powerhouse Reclaims Momentum, $179 Resistance in Sight 📈 Latest Close Data: PLTR closed at $173.31 (+3.64%) on 2026-09-15, just 16.5% below its 52-week high of $207.52. Volume surged to 29.15M shares with a Volume Ratio of 1.33, confirming strong participation. 🚀 Core Market Drivers: Renewed AI infrastructure momentum lifted PLTR as enterprise data integration demand remains robust. Institutional capital flow showed +$1.4B net inflow on the day, with large orders dominating buy-side activity. 💰 Technical Analysis: MACD remains bearish at -5.39 (DIF 5.91 vs DEA 8.60), but the histogram is contracting, hinting at momentum stabilization. 🎯 RSI(6) j

$Alphabet(GOOG)$ $Alphabet Inc.(GOOG) +3.06% Surge Reclaims $345, Momentum Building Toward $367 Resistance 🚀 📊 Latest Close Data GOOG closed at $345.71 (+3.06%) on Sep 15, adding $10.26. Price remains -14.5% below its 52-week high of $404.47, but is decisively rebounding from the $318 support zone with rising volume. After-hours action drifted to $343.53, suggesting mild profit-taking but holding gains. ⚡ Core Market Drivers Broad mega-cap tech rally lifted Alphabet, with AI infrastructure and cloud demand remaining the dominant sentiment anchor. Short volume ratio dropped to 5.27%–8.00% in recent sessions, signaling reduced bearish pressure. Institutional flows turned neutral-to-positive: 5-day capital flow improved from -$63M to +$3.06M, ending

$Netflix(NFLX)$ $Netflix(NFLX) +3.77% Surge Reclaims $80 Level, MACD Bottom Reversal Targets $90 Resistance Zone 📈 Latest Close Data: NFLX closed at $80.32 (+3.77%) on Sep 15, 2026, with intraday high $81.02. Still trading -35.7% below 52-week high of $124.86, but 23.4% above 52-week low of $65.08. Core Market Drivers: Bill Ackman's Pershing Square disclosed a new NFLX position in Q2, a major sentiment catalyst. Netflix also committed $200M for 2027 Women's World Cup broadcast rights, reinforcing live sports expansion strategy. Short interest remains elevated at 17.87%, creating squeeze potential. Technical Analysis: Volume reached 30.95M shares (ratio 1.11), confirming breakout participation. RSI(6) swung from 28.1 to 60.3 — exiting oversold terr

$Adobe(ADBE)$ $Adobe (ADBE) +5.30% Surge: Creative Software Giant Rebounds Off Oversold Base, $288 Resistance in Focus 🚀 Latest Close Data: ADBE closed at $265.60 (+5.30%) on Sep 15, 2026, recovering sharply from yesterday's $252.23 close. Still trading ~28% below its 52-week high of $370.86. Core Market Drivers: Adobe staged a strong rebound as oversold technical conditions triggered value buying. Recent capital flow data shows heavy institutional accumulation over the past 3 sessions. Short volume ratio has retreated from 22% highs to ~14%, signaling easing bearish pressure. Technical Analysis: 📊 Volume reached 5.72M shares (turnover 1.44%), confirming institutional participation. RSI(6) surged from oversold 22.36 to 50.47 — breaking above the n

$Etsy(ETSY)$ $Etsy, Inc.(ETSY) Rebounds +2.34%: Oversold Bounce Eyes $75.22 Pivot, Recovery Momentum Building Latest Close: $74.46 (+2.34%), off 52-week high of $87.97 by ~15.4%. Intraday range $72.05–$75.10. Core Drivers: E-commerce sector stabilized after recent Etsy selloffs triggered by Q2 GAAP loss and buyer-frequency concerns. Short interest elevated at 25.96% of volume (9/11), fueling squeeze potential. After-hours print at $75.22 confirms bullish follow-through. Technical Analysis: Volume at 2.65M shares (Volume Ratio 0.74), below average. MACD remains deeply negative (DIF -2.15, DEA -1.09) but histogram is contracting — early convergence signal. RSI(6) jumped from 15.9 to 40.1, exiting oversold; RSI(12) at 39.9 still recovering. KDJ shows

$Intuitive Surgical(ISRG)$ $Intuitive Surgical (ISRG) +2.38% Momentum Building — $378 Breakout Attempt Targets $452 Resistance Zone 📈 Latest Close Data: ISRG closed at $377.94 (+2.38%) on September 15, 2026, on volume of 2.43M shares. Price now sits 14.7% above the 52-week low of $328.57, recovering steadily from the $355–$360 support shelf. Core Market Drivers: Robotic surgery demand remains resilient, with management signaling rising overseas system lease rates that will structurally lift recurring revenue. The planned 2027 extended-use instrument program adds a fresh procedure-volume catalyst. Malaysia plant expansion reinforces Asia-Pacific supply capacity. Technical Analysis: RSI(6) surged to 64.47 from 27.17, confirming a sharp momentum reve

$IBM(IBM)$ $IBM +2.38% Momentum Building: Enterprise AI Giant Reclaims $249, Eyes $282 Resistance Retest Latest Close Data IBM closed at $249.09 on September 15, gaining +2.38% (+$5.80) from the prior close of $243.29. The stock is now approximately 25.1% below its 52-week high of $332.46, with intraday range spanning $244.12–$251.37. Core Market Drivers Information technology consulting peers surged broadly — Gartner +7.66%, Cognizant +6.86%, EPAM +6.16%, Accenture +4.95% — lifting IBM in sympathy as enterprise AI services demand reaccelerates. Volume ratio of 1.33 confirms participation above the daily average, though institutional flow remains mixed with net outflow of $15M and large-order selling ($54.3M) outpacing large-order buying ($43.9M).

$Expedia(EXPE)$ $Expedia(EXPE) +2.50% Surges Past $287, Bulls Eye $313 Resistance as Momentum Builds 📈 Latest Close Data: EXPE closed at $287.86 (+2.50%) on Sep 15, 2026, adding $7.03. The stock sits 15.8% below its 52-week high of $342.00 and 55.3% above its 52-week low of $185.34. Core Market Drivers: Expedia is riding renewed travel-sector momentum after Evercore ISI recently lifted its target to $430 and Wedbush raised to $417 post-Q2 beat. Despite no company-specific headline today, dip-buying continued as short interest moderated—short volume fell to 14.17% of total volume from 19.35% on Sep 1. Technical Analysis: RSI(6) has climbed sharply from 17.2 to 42.5, confirming a strong recovery out of oversold territory 📊. MACD remains negative (DI

$Yelp(YELP)$ $Yelp Inc.(YELP) +2.58% Closes at $21.83: RSI Rebounds from Oversold, MACD Histogram Turns Less Negative, Key Pivot at $22.16 Latest Close Data: YELP closed at $21.83 (+2.58%) on Sept 15, 2026, recovering from yesterday's $21.28. The stock sits 36.7% below its 52-week high of $34.49 and just 11.4% above its 52-week low of $19.60, reflecting a deep value zone with early stabilization signals. Core Market Drivers: Short volume ratio remains elevated at 27.67%, signaling persistent bearish pressure. However, a notable shift in capital flow appears: after five straight days of net outflows, Sept 10 saw a +$42.64M net inflow, though Sept 11 flipped back to −$48.34M. No major company-specific news triggered today's bounce; the move is large

$Affirm Holdings, Inc.(AFRM)$ $Affirm Holdings (AFRM) +2.72% to $73.38 — Wolfe Upgrade Ignites Recovery, $78 Resistance in Crosshairs as Momentum Builds 📈 Latest Close: $73.38 (+2.72%) on Sept 15, 2026. Range: $71.71–$74.00. Still ~21% below 52-week high of $92.56, but well above 52-week low of $42.10. Core Market Drivers: Wolfe Research upgraded AFRM to Outperform with a $90 target, sparking the move. Q4 results remain a tailwind: revenue $1.165B, EPS $4.62, GMV +36% to $14.1B — far above consensus. Shopify and Morgan Stanley maintain major stakes, signaling institutional confidence. Technical Analysis: RSI(6) at 55.02 and RSI(12) at 49.48 — both exiting oversold territory with room to run. MACD remains negative (DIF -1.31 vs DEA -0.94), but the

$Best Buy(BBY)$ $Best Buy(BBY) +4.44% Rocket to 52-Week High: Consumer Electronics Giant Breaks Out, $100 Target in Sight 🚀 Latest Close Data: BBY closed at $94.83, surging +4.44% (+$4.03) on September 15, 2026, with intraday high of $94.92 — a fresh 52-week high. This is a massive +72% rally from the 52-week low of $55.10. Core Market Drivers: Momentum follows BBY's blowout Q2 earnings (EPS $1.47 vs $1.38 est; revenue $9.78B vs $9.59B est; comp sales +4.1%) 🌟. Multiple firms (Daiwa, Barclays) raised targets after the report. Recent D.A. Davidson downgrade to Neutral failed to cool the rally 📈. Technical Analysis: Volume reached 4.89M shares (Volume Ratio 1.50×), confirming breakout conviction. MACD remains strongly bullish with DIF at 1.80 vs DEA

$Chewy, Inc.(CHWY)$ $Chewy, Inc.(CHWY) Rebounds +4.45% to $21.35: Oversold Bounce Gains Traction, $23.90 Resistance in Focus 📦🐾 Latest Close Data: Closed at $21.35 (+4.45%) on Sep 15, 2026, with volume of 12.55M shares. Still trading -47.3% below 52-week high of $40.55, but +22.7% above 52-week low of $17.40. Intraday range: $20.69–$21.94. Core Market Drivers: Chewy's Q2 results (Sept 9) showed EPS of $0.36 in-line and net sales of $33.3B (+7.4% YoY), but revenue missed optimistic estimates. Management raised full-year revenue and margin guidance, sparking a rebound from oversold levels. However, Evercore ISI downgraded to "In Line" (PT cut $33→$25), while BofA trimmed PT to $27. Technical Analysis: 📊 RSI(6) recovered sharply to 37.7 from 18.1 thr

$Intuit(INTU)$ $Intuit Inc.(INTU) Surged +5.47%: Fintech Giant Reclaims $339 with RSI Momentum Flip, $396 Resistance in Sight Latest Close: $339.15 (+5.47%), closing near session high of $342.31. Still 52% below 52-week high of $705.08, but 19% above 52-week low of $252.84. Core Market Drivers: RBC analysts highlight the upcoming Investor Day as a confidence rebuild catalyst. Application software sector broadly rebounded (Salesforce +3.14%, Adobe +3.31%), fueling a sympathy rally after INTU's prior FY2027 guidance-driven selloff to $309.80. Technical Analysis: RSI(6) jumped from 36.03 to 57.53 — exiting oversold territory and confirming bullish momentum. RSI(12) reclaimed 52.44, above the neutral 50 line. MACD histogram remains negative (-12.93) b