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

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

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

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

Our Elliott Wave analysis has identified several well-defined trading setups recently, including the SPY ETF setup discussed below. The analysis showed a three-wave correction developing from the recent peak, with price eventually approaching the Equal Legs area marked as our Blue Box buying zone. This is the type of setup we closely monitor within our trading service. The Blue Box highlights a specific area where we look for a potential long entry, while the Elliott Wave structure provides a framework for managing risk and identifying potential targets. In the following sections, we will break down the SPY setup and show how the opportunity developed. SPY Elliott Wave 4-Hour Chart – 09.09.2026 SPY is forming a three-wave pullback from the recent high, and the correction still appears to b

GBPUSD continues to unfold a short‑term decline from the August 21, 2026 high, developing as a five‑wave impulse. From that peak, wave ((i)) concluded at 1.3474, followed by a corrective rally in wave ((ii)) that ended at 1.3569. The pair then resumed lower in wave ((iii)), reaching 1.3335, before a modest rally in wave ((iv)) concluded at 1.34. Price action now suggests that wave ((v)) is nearing completion, which should finalize the cycle from the August 21 high. Once this impulse ends, the pair is expected to stage a three‑wave corrective rally to retrace the decline before resuming its broader bearish trend. The technical picture becomes more compelling if GBPUSD breaks below the June 24, 2026 low at 1.314. Such a move would confirm five swings down from the August 21 high, reinforcing

Hello traders, In this technical blog, we’ll take a closer look at the Elliott Wave charts for GOLD (XAUUSD) published in the members’ area of our website. Gold recently completed a 3-wave pullback and rallied from the Equal Legs area as expected. The commodity may still be trading within the cycle that started from the 4233.8 low. In the analysis below, we’ll examine the current Elliott Wave structure, key technical levels, and how we mapped the path ahead. GOLD Elliott Wave 1  Hour Asia Chart 09.22.2026 The current view suggests that GOLD is still correcting the cycle from the 4234.1 low. The commodity is forming a 3-wave correction, which may be unfolding as a Double Three pattern.While price remains below the current peak, marked as (x) blue, we expect another leg lower to complet

Hello fellow traders. In this technical blog, we’ll take a quick look at the Elliott Wave charts for Silver (XAGUSD) published in the members’ area of our website. As our members know, Silver has rallied from our buying zone as expected. The commodity may still be trading within the cycle that started from the 62.27 low. The recent pullback is a textbook example of an Elliott Wave Zig Zag pattern. In the analysis below, we’ll break down the pattern and show how we forecasted the path ahead. Before we take a look at the real market example, let’s explain Elliott Wave Zigzag. Elliott Wave Zigzag is the most popular corrective pattern in Elliott Wave theory . It’s made of 3 swings which have 5-3-5 inner structure. Inner swings are A,B,C where A =5 waves, B=3 waves and C=5 waves. That mea

Intercontinental Exchange, Inc., (ICE) provides technology & data to financial institutions, corporations & government entities in the US & globally. It operates through 3 segments: Exchanges, Fixed Income & data services & Mortgage Technology. It comes under financial services sector & trades as “ICE” ticker at NYSE. ICE proposed ended the larger monthly pullback at $121.79 low (6.29.2026). Above there, it favors rally in ((III)) impulse sequence, which confirms above $191.48 high of 7.29.2025. Buyers can enter the pullback in clear 3, 7 or 11 swings at extremes. ICE – Elliott Wave Latest 4-Hour View: In Monthly, it ended (I) of ((I)) at $38.98 high (2007), (II) at $9.94 (2008), (III) at $139.79 high (2021), (IV) at $88.60 low (2022) & (V) at $191.48 high (2025

Short answer: Ten Year Notes (ZN) has extended its bearish sequence after breaking below the October 2023 low, signaling that the next leg lower is underway. The decline from the August 26, 2026 peak is unfolding as a 5-wave impulse, with wave ((iv)) proposed complete as a flat structure at 106’11 and the market now turning lower in wave ((v)). The key level to watch: 107’28. As long as this pivot holds intact, rallies should fail within 3 or 7 swings for further downside pressure. A decisive break below 105’21 is required to confirm the next leg lower. ZN Elliott Wave Video

Hello Traders, In today’s technical blog, we will take a closer look at the wave count for MicroStrategy, building on the analysis and outlook shared in our previous article published on August 18, 2026. Back in August, we shared our wave count for MicroStrategy and explained why the stock could attract investors. At the time, price had reached the extreme area between 199.25 – 38.96, with the invalidation level at 13.75. Here is the link to the previous blog: https://elliottwave-forecast.com/stock-market/microstrategy-corrective-wave-approaching-final-stages/ The latest outlook after MicroStrategy’s reaction from the Blue Box. Now that you have gone through the previous article using the link provided above, you should have a clear understanding of what we were expecting. Fast forward to

On August 26 2026 EURUSD entered a bearish supply zone and I entered the EURUSD sell trade. A bearish divergence pattern also formed adding more confirmation to the sell trade. EURUSD 4 Hour Chart August 26 2026 (Entry) EURUSD, trading, elliottwave, market patterns, forex, @AidanFX, AidanFX EURUSD 4 Hour Chart September 16 2026 (2R Target HIT) Sell trade entered August 26 2026 at 1.1690. On September 16 2026 EURUSD hit the 2R target at 1.1470 where I closed the sell trade for +220 pips and a +2% gain. (Risking 1% on every trade) A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. If you followed me on social media you too could have ca

The short‑term Elliott Wave view indicates that the Nasdaq 100 ETF (QQQ) is positioned to break toward a new all‑time high. The rally from the July 29, 2026 low has unfolded as a five‑wave structure. Within this advance, wave ((i)) terminated at $734.58. The subsequent pullback in wave ((ii)) developed as a double three corrective pattern. From wave ((i)), wave (w) ended at $702.70, followed by wave (x) at $724.13. The decline in wave (y) concluded at $699.91, thereby completing wave ((ii)) at a higher degree. Following this correction, the ETF resumed its upward trajectory in wave ((iii)), which is progressing with internal subdivision into five waves. From wave ((ii)), wave (i) ended at $722.39, while the pullback in wave (ii) reached $715.08. Near term, the pivot at $699.91 remains

TLN is nearing the completion of its bearish cycle from the September 2025 high. Additionally, the stock is finalizing a familiar pattern that suggests a significant bullish setup for long-term investors. Talen Energy (NASDAQ: TLN) is a leading independent power producer in the United States, operating a diversified portfolio of nuclear, natural gas, coal, and oil-fired generation assets. The company supplies electricity, capacity, and ancillary services to wholesale power markets while expanding its role in powering AI-driven digital infrastructure, making it a key player in the evolving U.S. energy sector. A profitable investing strategy in the stock market is to buy low and sell high. It’s like an unwritten rule. However, despite this popular guide to investing, a lot of investors and t

In this Elliott Wave update, we examine the long-term structure in SLB Limited ($SLB). The stock completed a major bullish cycle in 2014 and then entered a multi-year corrective phase. That decline unfolded as a large zigzag correction and eventually bottomed at 11.87 in 2020. 5 Wave Impulse + ABC correction $AMD Since that low, $SLB has started a new bullish cycle. More importantly, the Elliott Wave structure has continued to build a series of nested wave 1 and wave 2 sequences. Two nests have already been completed, while a third appears close to finding its low. If this structure continues to develop as expected, $SLB could be preparing for a significant acceleration higher over the next few quarters toward the $81–$113 area. $SLB Major Cycle From 2014 Ended With a Zigzag Correction Loo