To The Moon

Hello traders and welcome to a new blog post discussing about the blue box trade setup. In this post, the spotlight will be on the Russel_2000 Futures i.e RTY The Russell 2000 (RTY) futures contract serves as a vital benchmark for the Russell 2000 Index, tracking the performance of 2,000 small-cap U.S. companies. As a primary indicator of market health and risk appetite within the small-cap sector, RTY is uniquely sensitive to domestic economic shifts. This sensitivity often translates into heightened volatility and distinct trading opportunities, establishing RTY as a preferred instrument for short-term traders seeking to capitalize on market movements. The Russell 2000 has maintained a remarkably strong, all-time bullish trend and is currently outperforming other major U.S. indices. Whil

Zig-Zag or ABC is the most popular corrective pattern in Elliott Wave Theory. At the mention of the word “correction” many Elliott Wave practitioners would think of a Zig-Zag pattern and that’s one of the traps in modern analyzing . The Evolution of Market Patterns It’s important to understand that the market is not the same as it was in the 1930s when Ralph Nelson Elliott developed the analytical tools that practitioners today call Elliott Waves. Most long-term EWF members already know that the WXY (Double Three) pattern is also common in today’s markets. In the following text, we will go through these patterns and explain the differences. Elliott Wave Zig-Zag Pattern Zig zag iz corrective Elliott Wave pattern made of 3 swings which have 5-3-5 inner structure. It’s labeled as A,B,C where

Microsoft (MSFT) continues to exhibit an incomplete bearish sequence from the July 31, 2025 high, suggesting further downside risk with potential targets as low as $267. The short‑term cycle from the June 2, 2026 high is unfolding as a zigzag Elliott Wave structure, reinforcing the corrective nature of the current price action. From the June 2 pivot, wave ((A)) concluded at $349.2. The subsequent rally in wave ((B)) remains in progress, internally subdividing as another zigzag pattern. Within this advance, wave 1 ended at $382.5, followed by a pullback in wave 2 that terminated at $359.9. Wave 3 then pushed higher to $392.68, while wave 4 corrected to $381.22. The final leg, wave 5, extended to $395.57, thereby completing wave (A) at a higher degree. The ensuing pullback in wave (B) is pro

Beyond technical characteristics, Elliott Wave analysts also study the personality of each individual wave, as it reflects the psychology and market sentiment behind price movements. In the chart below, you can see an example of a rising trend represented by a 5-wave impulsive structure.   Graphic (23) Wave 1 is rarely obvious at its inception . Traders believe previous trend is still strongly in force and it’s usually considered as correction. Volume might increase a bit as move progressing, but not by enough to alert many technical analysts. Occasionally it could take structure of leading diagonal. Wave 2 corrects wave one and it could never extend beyond the start point of wave 1. In most cases it do not retrace more than 61.8 % or 76.4% of wave 1. It usually takes form of Zig Zag,

Hello fellow traders.  In this technical article we’re going to take a quick look at the Elliott Wave charts of Silver Commodity XAGUSD .  As our members know, both Silver and Gold are showing incomplete bearish sequences in the daily cycles.  Recently  SILVER made short term recovery that unfolded as Wave Zig Zag Pattern. In the further text we are going to explain the Elliott Wave Pattern and the Forecast. Before we take a look at the real market example, let’s explain Elliott Wave Zigzag pattern. 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 labeled as A,B,C where A =5 waves, B=3 waves and C=5 waves. That means A and C can be either impulsive waves

Hello traders. In this technical article we’re going to look at the Elliott Wave charts of  GOLD commodity  published in members area of the website. As our members know, GOLD is shoing incomplete bearish sequences in the daily cycle and we have been calling for a decline in the commodity. As expected, the correction unfolded in a clear three-wave structure before sellers stepped back in. In this discussion, we will break down the Elliott Wave forecast. GOLD Elliott Wave 1 Hour  Chart 07.03.2026 The current view suggests that GOLD is forming a recovery against the 4385.35 peak. The price structure indicates that another short-term high could still develop to complete the correction before the next leg lower begins. The 4385.35 level remains the key pivot, and as long as

Spot Gold (XAUUSD) continues to exhibit an incomplete bearish sequence from the January 29 peak, with potential downside extending toward the $3400 area. The decline from the April 17 peak is unfolding as a double three Elliott Wave structure. Within this formation, wave ((W)) concluded at $4023.1, while wave ((X)) terminated at $4382.45. The market has since entered wave ((Y)), which is progressing as a zigzag. In this subdivision, wave (A) ended at $3942.43, and wave (B) completed at $4203.26, as illustrated in the one‑hour chart. The yellow metal has now turned lower in wave (C), which is expected to subdivide into five waves. From below wave (B), the initial decline in wave 1 ended at $4021.52. A corrective rally in wave 2 is currently in progress, retracing the cycle from the July 6,

GDX Elliott Wave Bearish Sequence Intact as it Turns Lower in Renewed Weakness By EWFHendraJuly 8, 2026 · 2 min read The Gold Miners ETF (GDX) continues to exhibit an incomplete bearish sequence from the March 2, 2026 high, and this structure still favors additional downside. The broader decline retains a clear impulsive and corrective rhythm, which strengthens the case for further weakness before a more durable recovery can emerge. The ideal downside target is measured by the 100% to 161.8% Fibonacci extension taken from the March 2 peak. This region, located at $33 to $59, represents a technically significant support zone where buyers may attempt to establish a three‑wave rally at minimum. The near‑term cycle from the June 18 high remains active and continues to unfold as a zigzag struct

KORU (Direxion Daily MSCI South Korea Bull 3X ETF) delivers 300% daily leveraged exposure to South Korean large‑ and mid‑caps, making it a high‑volatility instrument suited for short‑term tactical trades rather than long‑term investing. Quick instrument snapshot Full name: Direxion Daily MSCI South Korea Bull 3X ETF (KORU) Objective: Targets +300% daily performance of the MSCI Korea 25/50 Index (before fees and expenses) Primary listing: NYSE Arca KORU — Daily Elliott Wave Chart (Update: July 8, 2026) KORU Pullback Reaching Blue Box Area, Buyers Eye Potential Turn Higher The latest daily chart shows the rally from the April 2025 low ending in wave (I) at $1,284.97. The subsequent wave (II) pullback appears to be unfolding as a zigzag corrective pattern: Wave a ended at $580.00. Wave b boun

Vertex Pharmaceuticals Incorporated (VRTX), operates as Biotechnology company in the United States, Europe & internationally. It offers transformative medicines for people with serious diseases of different age groups. It comes under Healthcare – Biotech sector & trades as “VRTX” ticker at Nasdaq. In weekly, VRTX confirmed higher high above November-2024 high expected in last article. It should continue rally towards 556.9 – 591 area in shorter cycle within May-2026 sequence. We like to buy the pullback in 3, 7 or 11 swings at extreme area, when reach. VRTX – Elliott Wave Latest Weekly View: In weekly, it placed ((I)) at $306.08 high (July-2020) & ((II)) at $176.36 low (October-2021). Above there, it ended (I) of ((III)) at $519.88 high (November-2024) & (II) at $362.50 low