The Dollar Index (DXY) cycle, originating from its September 2022 peak, remains incomplete and exhibits a bearish outlook, signaling potential for further declines. The descent from the May 29, 2025 high is currently unfolding as a five-wave impulse Elliott Wave pattern. From this high, wave ((i)) concluded at 98.35, followed by a corrective rally in wave ((ii)). The rally formed as an expanded flat, peaking at 99.43 as depicted on the one-hour chart below. Subsequently, the Index extended lower, forming a nested structure. Within this decline from wave ((ii)), wave i bottomed at 97.7, with a corrective wave ii rally reaching 98.2. Wave iii then drove the Index lower to 97, followed by wave iv peaking at 97.49. The final leg, wave v, completed at 96.37, marking the end of wave (i). Current

Hello fellow traders, In this technical article, we are going to present Elliott Wave charts of GOLD (XAUUSD) . As our members know we are long in GOLD from previous equal legs area. As a result, members are enjoying profits in risk-free positions. Recently ,the commodity completed its intraday correction at the Equal Legs zone. In the following sections, we will explain the Elliott Wave count. GOLD 4-Hour Elliott Wave Analysis 06.28.2025 Our current analysis shows GOLD has completed a 5-wave impulse from the 3119.79 low. Now, Wave 2 (red) is pulling back as a Double Three Pattern. The price has reached the extreme zone between 3284.25 and 3214.03 and buyers are likely to enter here. From this zone, we expect GOLD to move higher. It may form a new bullish impulse toward fresh hig

The Nasdaq (NQ) has surged to a new all-time high, reaffirming the strength of its ongoing bullish trend. The index established a significant low on April 7, 2025, at 16,460, following a sell-off triggered by tariff war concerns. This low marked a critical turning point, from which the Nasdaq embarked on a robust upward trajectory, unfolding in a five-wave impulse structure as per Elliott Wave analysis. From the April 7 low, wave 1 peaked at 18,357.25. A corrective wave 2 then followed which bottomed at 16,735. The index then rallied in wave 3, reaching 22,222, before a shallow wave 4 pullback concluded at 21,565.17, as illustrated on the one-hour chart. Currently, wave 5 is in progress, exhibiting an internal impulse structure in a lesser degree. Within this wave 5, wave (i) topped at 21,

Platinum (PL) has broken out of its bearish channel this month, signaling strong bullish trend momentum. This article explores the latest long-term Elliott Wave technical outlook. Platinum (PL) Monthly Elliott Wave Chart The monthly platinum chart indicates that the Grand Cycle wave ((II)) correction concluded at 562. The metal has since turned bullish, advancing in wave ((III)) with a nested impulse structure. From the wave ((II)) low, wave (I) of ((III)) peaked at 1348.2, followed by a pullback in wave (II) of ((III)) ending at 802.1. Platinum has since resumed its upward trajectory, breaking above the descending bearish trendline from the March 2008 peak, confirming a strong bullish shift. The metal is expected to continue rallying within its nested impulsive structure. Platinum (P

TMUS may have started a new bullish cycle after ending the bearish cycle from 03.03.2025. Meanwhile, the corrective pullback ended with a 7-swing structure within a blue box. In the coming weeks, this resurgence could advance to a new bullish cycle. T-Mobile US (NASDAQ: TMUS) is a leading U.S. wireless carrier, known for its aggressive pricing and nationwide 5G network. Headquartered in Bellevue, Washington, it is majority-owned by Deutsche Telekom. Since merging with Sprint in 2020, T-Mobile has become the third-largest U.S. telecom provider. It is listed on the NASDAQ-100 and S&P 500 indices. After completing wave IV in January 2022 on the weekly chart, TMUS started a bullish cycle. In the last update on this stock, I explained this bullish cycle on the weekly chart. You might want t

The EURUSD Elliott Wave sequence initiated from the September 2022 low reveals an incomplete bullish structure, signaling potential for further upside. A short-term rally from the May 29, 2025 low is currently unfolding as a five-wave impulse. As depicted in the 1-hour chart below, wave ((i)) peaked at 1.16319. A corrective wave ((ii)) followed which concluded at 1.14435. The internal structure of wave ((ii)) formed a zigzag pattern, with wave (a) declining to 1.1486 and wave (b) rebounding to 1.1614. Wave (c) completed the correction at 1.144, finalizing wave ((ii)) in the higher degree. The pair has resumed its ascent in wave ((iii)), exhibiting an impulsive internal subdivision. From the wave ((ii)) low, wave i advanced to 1.1544, followed by a minor dip in wave ii to 1.1451. Wave iii s

The rally in the Gold Miners Junior ETF (GDX) from its December 30, 2024 low remains intact. This rally is unfolding as a five-wave impulse pattern, as observed on the 1-hour chart below. Wave (4) of this impulse concluded at $44.75, setting the stage for wave (5) higher. Wave (5) is currently progressing with its own impulsive subdivision. From the wave (4) low, wave ((i)) peaked at $46.70, followed by a pullback in wave ((ii)) to $45.19. The ETF then surged in wave ((iii)) to $54.62. Subsequent correction in wave ((iv)) ended at $51.12. The final leg, wave ((v)), completed at $54.73, marking the end of wave 1 in the higher degree. Following this, GDX entered a corrective wave 2, characterized by a clear seven-swing corrective structure. From the wave 1 peak, wave ((w)) declined to $52.19

The Nasdaq 100 ETF (QQQ) has continued its upward trajectory, confirming a five-wave Elliott Wave structure originating from the April 7, 2025 low. This development solidifies a bullish market outlook and eliminates the possibility of a double correction scenario. Starting from the April 7 low, wave (1) concluded at 443.14. Wave (2) pullback then followed which ended at 404.44. Subsequently, the ETF surged in wave (3) to 537.5, exhibiting an internal five-wave impulse structure. As depicted in the 1-hour chart, the wave (4) pullback unfolded as a double three Elliott Wave pattern. From the wave (3) peak, wave W declined to 524.61, and wave X rebounded to 535.37. Last leg wave Y descended to 523.65, completing wave (4) at a higher degree. The ETF has since resumed its ascent in wave (5). Fr

Hello everyone! In today’s article, we’ll examine the recent performance of S&P 500 ETF ($SPY) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 21, 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this ETF. 5 Wave Impulse + 7 Swing WXY correction   $NVDA $SPY 1H Elliott Wave Chart 6.22.2025: In the 1-hour Elliott Wave count from June 22, 2025, we saw that $SPY completed a 5-wave impulsive cycle at 5 of (3). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $592.48 and $585.08. This

ARM Holdings plc is a relatively new entrant to public markets, yet its technological foundation is anything but inexperienced. Renowned for pioneering energy-efficient, high-performance processor designs, ARM powers billions of devices globally. Its recent IPO signals a strategic leap, positioning the company for strong, long-term growth as demand for smart, connected technologies accelerates. ARM enjoys strong positioning in the AI and mobile computing boom. Its licensing model delivers recurring revenue and scalability across multiple markets. Moreover, the company’s robust ecosystem encourages adoption and long-term customer relationships, securing its role in tech’s future. ARM’s chart reflects solid upside momentum above key moving averages. Bullish breakouts signal trend strength, s