Short Term Elliott Wave View in DAX shows that the Index breaks to new all-time high confirming the right side remains bullish. The rally from 11.19.2024 low looks to be nesting in an impulsive structure. Up from 11.19.2024 low, wave 1 ended at 20522.82 and pullback in wave 2 ended at 19649.87. The Index resumed higher from there in wave 3 in a nest. Up from wave 2, wave i ended at 20024.79 and wave ii pullback ended at 19833.82. The Index resumed higher in wave iii which ended at 20391.17. Pullback in wave iv ended at 20255.85. The final leg wave v ended at 20480.49 which also completed wave (i) in higher degree. Index then pullback in wave (ii) which ended at 20025.28. Index has resumed higher again. Up from wave (ii), wave i ended at 20362.59 and pullback in wave ii ended at 20234.26. W

Short Term Elliott Wave view in S&P 500 Futures (ES) suggests that rally to new all time high on 12.16.2024 at 6163.75 ended wave ((3)). Pullback in wave ((4)) is proposed complete at 5808.4 as the 1 hour chart below shows. Internal subdivision of wave ((4)) unfolded in a double three structure. Down from wave ((3)), wave (W) ended at 5866 and wave (X) ended at 6107.5. Wave (Y) lower ended at 5809 which completed wave ((4)). The Index has turned higher in wave ((5)), but it still needs to break above wave ((3)) at 6163.75 to rule out a double correction. Up from wave ((4)), wave ((i)) ended at 5918.5 and wave ((ii)) pullback ended at 5842.50. Index nested higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 5898.75 and pullback in wave (ii) ended at 5848.75. Wave (iii) higher

Since our previous blog about Robinhood stock HOOD, the price tripled during a strong bullish upside move. Therefore, we’ll be looking at the daily Elliott Wave Structure and explain the current structure within the cycle. The recent daily rally started in August 2024, HOOD established an impulsive 5 waves structure to the upside within wave III. In addition, it exceeded the 1.618 Fibonacci extension level $41 which confirmed the strong momentum within the 3rd wave. The current advance from 12/20/2024 low is proposed to be wave ((5)) of III as long as it’s holding the divergence in RSI. Consequently, the stock will be looking for more upside to finish a series of 3rd & 4th waves toward $52 – $56 before ending that cycle. HOOD still has the potential of opening

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of SPX. We presented to members at the elliottwave-forecast. In which, the rally from the October 2022 low unfolding as an impulse structure. Also showed a higher high sequence with a bullish sequence stamp. Suggested that index should see more upside extension to complete the impulse sequence. Therefore, we advised members not to sell the index & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: SPX 4-Hour Elliott Wave Chart From 1.09.2025 Here’s the 4-hour Elliott wave chart from the 1.09.2025 update. In which, the short-term cycle from the 8.05.2024 low ended impulse sequence & larger wave ((3)) at $6099.97 high. Dow

In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index (DXY) published in members area of the website. As our members are aware, the DXY is currently showing impulsive bullish sequences in the cycle from the September low. As a result, we are leaning towards the long side at this stage. Recently, the Dollar Index has completed a 3-wave pullback, with buyers stepping in precisely at the equal legs zone. In this article, we will dive deeper into the Elliott Wave forecast and explain the reasoning behind our outlook. DXY H1 London Update 01.15.2025 The current view suggests that the Dollar is forming a ((iv)) black pullback as Elliott Wave Zig-Zag Pattern. The structure of the correction remains incomplete, indicating more short-term weakness. We

Short Term Elliott Wave view in NZDUSD suggests that cycle from 9.30.2024 high is in progress as an impulse. Down from 9.30.2024 high, wave (1) ended at 0.5813 and wave (2) ended at 0.5929. Pair has resumed lower in wave (3) which ended at 0.5583 as the 1 hour chart below shows. Rally in wave (4) unfolded as a zigzag. Up from wave (3), wave A ended at 0.5684 and wave B ended at 0.5628. Wave C higher ended at 0.5692 which completed wave (4) in higher degree. Pair has resumed lower in wave (5). Down from wave (4), wave ((i)) ended at 0.5568 and wave ((ii)) rally ended at 0.5603. Wave ((iii)) lower ended at 0.5539 and rally in wave ((iv)) ended at 0.5573. Final leg wave ((v)) ended at 0.5538 which completed wave 1. From there, pair bounce in wave 2 with internal subdivision as a zigzag. Up fr

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that tracks a market-cap weighted index composed of 25 of the largest U.S.-listed semiconductor companies. The top holdings of SMH include companies like NVIDIA, Taiwan Semiconductor Manufacturing, Broadcom Inc., Texas Instruments, QUALCOMM, ASML Holding N.V., Applied Materials, Inc., Lam Research Corporation, Micron Technology, Inc., and Advanced Micro Devices, Inc. SMH 4 Hour Chart September 11th Last September 11th, we talked about SMH. After completing wave (III), we had a deep pullback as a zig zag correction. Down from wave (III), wave “a”ended at 226.50 low and bounced as wave “b” ended at 251.00 high. Last push lower completed wave “c” and a wave (IV)

Short Term Elliott Wave view in Light Crude Oil (CL_F) suggests cycle from 12.6.2024 low is in progress as an impulse. Up from 12.6.2024 low, wave ((i)) ended at 71.44. Pullback in wave ((ii)) ended at 68.42 as the 1 hour chart below shows. The instrument extends higher in wave ((iii)) with subdivision of an impulse in lesser degree. Up from wave ((ii)), wave (i) ended at 69.94 and wave (ii) ended at 68.59. Wave (iii) higher ended at 75.29 and pullback in wave (iv) ended at 72.84. Final leg wave (v) ended at 79.27 and this completed wave ((iii)) in higher degree. From there, the instrument pullback in wave ((iv)) which ended at 77.24. Wave ((v)) higher is in progress and wave (i) of ((v)) should end soon. It should then pullback in wave (ii) to correct the rally from 77.24 low before exten

More than two years back, we were calling Gold to end a Zigzag Elliott Wave correction in the blue box area and resume the rally. Zigzag is a 5-3-5 Elliott wave structure in which wave A and C are in 5 waves and wave B is in 3 waves. Blue Boxes are High-Frequency areas and are based in a relationship of sequences, cycles and calculated using Fibonacci extensions. We refer to them as High Frequency trading areas, mainly because at Blue Boxes majority of the times, both buyers and sellers agree in the direction of the next moves and, hence why they present high probability and low-risk opportunities to enter the market in the direction of the trend. Let’s take a look at the weekly Elliott wave chart of Gold from September 2022. Gold Weekly Chart September 2022 Gold Elliott Wave View Sep

In this technical article we’re going to take a look at the Elliott Wave charts charts of Ethereum ETHUSD published in members area of the website. As our members know, we generally favor the long side in cryptos, which have recently offered good trading opportunities. However, ETHUSD can be still correcting the cycle from the August low and is not yet ready for buying at this stage. In the following text, we will explain the Elliott Wave forecast. Ethereum ETHUSD 1h Hour Elliott Wave Analysis 01.05.2025. Currently, ETHUSD is correcting the cycle from the 4111.3 high. The Elliott Wave view suggests that the recovery is unfolding as Zig Zag Pattern. When we analyze the lower time frames, we can observe that the inner subdivisions of waves A and B (red) exhibit 5-wave patterns, with wave B e

Short Term Elliott Wave view in Silver (XAGUSD) suggests cycle from 10.22.2024 high is in progress as a double three Elliott Wave structure. Down from 10.22.2024 high, wave (W) ended at 29.68 and wave (X) rally ended at 32.32 Wave (Y) lower is in progress and unfolding as another double three Elliott Wave structure in lower degree. Down from wave (Y), wave W ended at 28.73 as the 1 hour chart below shows. Up from wave W, wave ((w)) ended at 29.88 and wave ((x)) ended at 28.75. Wave ((y)) higher ended at 30.67 which completed wave X in higher degree. The metal has turned lower in wave Y. Down from wave X, wave (i) ended at 30.08 and wave (ii) rally ended at 30.37. Wave (iii) lower ended at 29.49 and wave (iv) rally ended at 29.75. The metal should extend lower in wave (v) to complete wave (

Weekly Elliott Wave Counts Suggest The Correction Is Nearing Completion The Elliott Wave analysis for Hindustan Copper Ltd. (NSE) indicates a correction on the weekly chart. The broader structure follows a five-wave sequence, with waves ((1)) and ((3)) already completing their upward moves. Currently, wave ((4)) is unfolding as a double zigzag pattern (W-X-Y). Wave (Y) aims for the area of 1 and 1.618 Fibonacci extension of wave (W), between  234 and 182 INR. Importantly, the analysis identifies a blue box zone, which signals a high-probability reversal area. Wave ((4)) is likely to end here, after which wave ((5)) should resume the bullish trend. This wave is expected to break above the high of wave ((3)) at 354.65 INR. However, the invalidation level lies below the blue box. If the

Short Term Elliott Wave view in Gold (XAUUSD) suggests rally from 11.14.2024 low is unfolding as a 5 waves impulse. Up from 11.14.2024 low, wave (1) ended at 2721.41 and pullback in wave (2) ended at 2583.21 as the 1 hour chart below shows. The metal has turned higher in wave (3). Up from wave (2), wave (i) ended at 2626.41 and pullback in wave (ii) ended at 2586.82. Index has resumed higher in wave (iii) towards 2633.29 and pullback in wave (iv) ended at 2608.05. Final leg wave (v) ended at 2639.14 which completed wave ((i)) in higher degree. Pullback in wave ((ii)) unfolded as a double three where wave (w) ended at 2611.28. Wave (x) rally ended at 2628.12 and wave (y) lower ended at 2595.91. This completed wave ((ii)) in higher degree. The metal has resumed higher in wave ((iii)) towards

In this technical article we’re going to take a quick look at the weekly Elliott Wave charts of Oil Futures (CL_F) , published in members area of the website. As many of our members are aware, the commodity has given us decent rally recently.  In the following sections, we’ll delve into the Elliott Wave pattern and explain the forecast. OIL H1 Update 12.20.2024 The commodity is giving us correction against the 66.96 low. The pullback has already reached the extreme zone at 69.18-67.81, and we believe buyers should take the lead soon. At this stage, we advise against forcing trades in OIL . We expect buyers to push the price higher from the marked extreme zone, ideally toward new highs. If you want to learn more about Elliott Wave Patterns, we invite you to explore our Free Elliott Wav