The Nikkei (NKD) has been trending lower since its peak on July 8, 2024. We indicate this decline follows a “double three” Elliott Wave pattern, characterized by a series of distinct movements. After reaching that high, the index fell to 30,720, rebounded to 40,675, and is now progressing downward in a zigzag formation as the internal within “wave y.”  The index dropped to 36,275, rose to 38,029 with intermediate fluctuations, and has since resumed its downward trajectory. This ongoing move lower has already reached 33,525, followed by a recovery to 34,975. We anticipate the index will extend further downward to complete this phase. Afterwards, a temporary rally is expected to provide a correction before the next decline resumes. We anticipate the index will extend further downward to

The Nikkei (NKD) has been trending lower since its peak on July 8, 2024. We indicate this decline follows a “double three” Elliott Wave pattern, characterized by a series of distinct movements. After reaching that high, the index fell to 30,720, rebounded to 40,675, and is now progressing downward in a zigzag formation as the internal within “wave y.”  The index dropped to 36,275, rose to 38,029 with intermediate fluctuations, and has since resumed its downward trajectory. This ongoing move lower has already reached 33,525, followed by a recovery to 34,975. We anticipate the index will extend further downward to complete this phase. Afterwards, a temporary rally is expected to provide a correction before the next decline resumes. We anticipate the index will extend further downward to

The Nikkei (NKD) has been trending lower since its peak on July 8, 2024. We indicate this decline follows a “double three” Elliott Wave pattern, characterized by a series of distinct movements. After reaching that high, the index fell to 30,720, rebounded to 40,675, and is now progressing downward in a zigzag formation as the internal within “wave y.”  The index dropped to 36,275, rose to 38,029 with intermediate fluctuations, and has since resumed its downward trajectory. This ongoing move lower has already reached 33,525, followed by a recovery to 34,975. We anticipate the index will extend further downward to complete this phase. Afterwards, a temporary rally is expected to provide a correction before the next decline resumes. We anticipate the index will extend further downward to

The Nikkei (NKD) has been trending lower since its peak on July 8, 2024. We indicate this decline follows a “double three” Elliott Wave pattern, characterized by a series of distinct movements. After reaching that high, the index fell to 30,720, rebounded to 40,675, and is now progressing downward in a zigzag formation as the internal within “wave y.”  The index dropped to 36,275, rose to 38,029 with intermediate fluctuations, and has since resumed its downward trajectory. This ongoing move lower has already reached 33,525, followed by a recovery to 34,975. We anticipate the index will extend further downward to complete this phase. Afterwards, a temporary rally is expected to provide a correction before the next decline resumes. We anticipate the index will extend further downward to

Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of  Dollar Index DXY published in members area of the website. As our members know , Dollar shows bearish sequences in the cycle from the  110.157 peak.  In the following text, we will explain the Elliott Wave forecast in more detail. Dollar Index DXY  Elliott Wave 1  Hour  Chart 04.02.2025 As mentioned earlier, Dollar is showing bearish sequences – 5 waves pattern from the 110.15 high, and we expect further weakness in the US Dollar. Current Elliott Wave analysis suggests that DXY completed a three-wave recovery at the 104.68  high, marked as wave 4 red. As long as the price remains below this level, we anticipate continued downside in Dollar index.. At th

The $DAX appears to be tracing a five-wave impulsive decline from its recent high on March 18, 2025. In Elliott Wave theory, an impulsive structure consists of five distinct waves. Wave 1, 2, 3, 4, and 5 as motive wave moves the direction of the prevailing trend, which in this case is downward. This pattern indicates a strong, directional move, with waves ((i)), ((iii)), and ((v)) being motive (driving the decline) and waves ((ii)) and ((iv)) serving as countertrend corrections. Starting from the March 18 peak, wave ((i)) likely initiated the downturn which ended at 22723.19. It was followed by a corrective wave ((ii))  rebound towards 23204.59. Wave ((iii)), typically the longest and most powerful in an impulsive sequence, should push the index lower with momentum. A smaller correcti

Apple Inc. ($AAPL) is showing signs of strength as it builds momentum in a classic Elliott Wave structure. Today’s chart highlights a 5-swing rally from 208.4 low that has propelled the stock higher, signaling potential for further upside in the near term. After establishing a solid base, $AAPL has completed a 5-swing sequence—a bullish pattern often seen in trending markets. The rally began from a key support zone of 184.6 – 209.5. The latest leg up has ended wave (1) in 5 swing, suggesting the short term trend shifts to the upside. As long as pullbacks hold above the recent swing low, the path of least resistance is upward. The immediate support sits at the prior swing low at 208.4. A hold above this zone keeps the bullish outlook alive. A break below this critical level would negate the

Hello everyone! In today’s article, we’ll examine the recent performance of SPDR Industrial ETF ($XLI) through the lens of Elliott Wave Theory. We’ll review how the decline from the November 27, 2024 high unfolded as a 7-swing correction and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 7 Swing WXY correction  $XLI 4H Elliott Wave Chart 3.12.2025: In the 4H Elliott Wave count from March 12, 2025, we saw that $XLI is completing a 7-swing correction beginning on November 27, 2024. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $128.66 and $125.53. This set

DexCom Inc., (DXCM) prominent player in the healthcare sector, specializes in continuous glucose monitoring systems, helping improve diabetes management. Listed on Nasdaq under the ticker “DXCM,” the company operates on a global scale. This stock reflects a notable trading pattern, with anticipated market movements providing insights for investors. From a technical perspective, DXCM has been navigating a double three correction pattern since its November 2021 peak. DXCM – Elliott Wave Latest Weekly View:  The company’s grand super cycle ((I)) reached its zenith at $164.86, marking a high from its all-time low. Following this, the stock has exhibited a corrective wave ((II)), forecasting a gradual dec

Understanding Fortinet’s Long-Term Growth Potential Through Elliott Wave Analysis Fortinet Inc. (FTNT) remains in a long-term bullish cycle, with Elliott Wave analysis signaling further upside. The stock recently completed a significant correction and appears ready for the next move higher. Weekly Elliott Wave Analysis: The weekly chart of FTNT highlights a clear five-wave impulsive advance, which completed wave III at a peak in 2022. Afterward, the stock entered a complex corrective phase, labeled as wave IV. This correction found support near $42.62, aligning with key Fibonacci retracement levels. With this correction now over, FTNT has begun a new bullish cycle.   Short-term Elli

PNC Financial Services (NYSE: PNC) is down more than 20% in the recent 4 months. Investors are looking for clues into the current decline to prepare a plan for the next move. We’ll use the Elliott Wave Theory to define the technical structure and understand the potential path. Since December 2024 peak, PNC is showing a clear 3 swings decline and we can define it as an Elliott Wave Zigzag structure. Wave ((A)) ended in 12.20.2024 at $185, wave ((B)) ended in 1/29/2025 at $205 and the wave ((C)) remains in progress. In other words, the current move to the downside is corrective and it’s still expected to end wave (5) of ((C)) at the equal legs with the Blue Box area $170.68 – $149.25. PNC 4 Hour Elliott Wave Chart

Pop Mart International Group Ltd. (ticker: 9992) is a leading Chinese toy and entertainment company listed on the Hong Kong Stock Exchange (HKEX). Known for its trendy blind-box collectibles, particularly the popular Labubu dolls, Pop Mart has seen explosive growth. Its 2024 net profit surging 186% to CNY 3.4 billion and revenue doubling to CNY 13 billion. The company’s success is driven by strong domestic sales in China and a remarkable 400% increase in overseas revenue, now accounting for 39% of its total. Here’s a look at the Elliott Wave technical perspective on the stock: Pop Mart (9992) Weekly Elliott Wave Chart Pop Mart (9992) weekly chart displays a robust climb to a

The short-term Elliott Wave perspective for Dow Futures (YM) indicates that the wave IV pullback concluded at 40725, as illustrated in the 1-hour chart below. The Index has begun to climb in wave V. However, it must still surpass the prior peak of 45227, set on January 31, 2025, to eliminate the possibility of a double correction downward. The rally from the wave IV low has so far unfolded in three swings. For greater confidence in continued upward momentum, it’s advisable to wait until a five-swing pattern emerges. The rally from wave IV is expected to develop as a five-swing diagonal Elliott Wave structure. From the wave IV low, wave ((i)) peaked at 41905, followed by a wave ((ii)) pullback that bottomed at 41587. Wave ((iii)) then advanced to 42388, with the subsequent wave ((iv)) pullb

Short Term Elliott Wave view in CADJPY suggests pair ended cycle from 11.20.2024 high in wave (W) at 101.35 as the 1 hour chart below shows. Pair is looking to correct cycle from 11.20.2024 high within wave (X). Internal subdivision of wave (X) is unfolding as a double three Elliott Wave structure. Up from wave (W), wave ((a)) ended at 103.64 and pullback in wave ((b)) ended at 102.02. Wave ((c)) higher ended at 105.029 which completed wave W in higher degree. Down from there, wave ((a)) ended at 104.16 and wave ((b)) rally ended at 104.92. Wave ((c)) lower ended at 103.13 which completed wave X in higher degree. The pair resumes higher in wave Y with subdivision as a double three structure. Up from wave X, wave ((w)) ended at 105.49. Pullback in wave ((x)) is in progress to correct cycle

Short Term Elliott Wave view in USDJPY suggests that rally from 3.11.2025 low is in progress as a double zigzag structure. A double zigzag structure is a 7 swing double three Elliott Wave structure. There are 2 sets of ABC zigzag structure connected together, thus why the name is double zigzag. Up from 3.11.2025 low, wave A ended at 149.2 and wave B ended at 147.4. Wave C higher ended at 150.1 and this completed the first zigzag structure and end wave (W) in higher degree as the 45 minutes chart below illustrates. Pullback in wave (X) ended at 148.1 and pair has resumed higher in wave (Y). Internal subdivision of wave (Y) is unfolding as another zigzag structure. Up from wave (X), wave ((i)) ended at 149.66 and wave ((ii)) pullback ended at 148.6. Up from there, pair is nesting higher

The Sprott Physical Silver Trust (PSLV) is a closed-end fund designed to provide investors with a secure and convenient way to invest in physical silver bullion. Launched by Sprott Asset Management, PSLV holds nearly all its assets in physical silver, stored in secure vaults, and its stock price closely tracks the spot price of silver. Below we will look at the long term Elliott Wave technical outlook of the instrument: PSLV Weekly Elliott Wave Chart Sprott Physical Silver Trust (PSLV) Weekly outlook above suggests that the instrument formed major wave (II) / (b) low at 4.34 on March 2020. From there, it has started an impulsive rally higher. Wave I ended at 10.46 and pullback in wave II ended at 6.16 as an expanded flat structure. Wave III higher is now in progress as an impulse. Up from