Netflix (NFLX) has sustained a bearish Elliott Wave sequence since reaching its all‑time high of $134.12 on June 30, 2025. The sequence points to potential downside risk toward the $49.78–$35.8 zone before a major bottom develops. In the near term, the cycle from the September 3, 2026 peak ended with a five‑wave decline, completing wave (1) at $66.54. A corrective rally in wave (2) is now unfolding. It is retracing the cycle from that September high in either three or seven swings before the larger decline resumes. The internal structure of wave (2) is expected to unfold as a zigzag, with wave A advancing in five waves. From the wave (1) low, wave ((i)) finished at $69.6. A pullback in wave ((ii)) ended at $68.41. The stock then moved higher in wave ((iii)) toward $71.80. A modest retracem
The short‑term Elliott Wave view in Nikkei Futures (NKD) shows the cycle from the July 29, 2026 low unfolding as a five‑wave diagonal. Wave 1 advanced to 69,660, followed by a corrective pullback in wave 2 that ended at 62,600. The Index then extended higher in wave 3, reaching 71,540. Currently, wave 4 is developing as a seven‑swing double three structure, reflecting a complex correction within the diagonal. From the peak of wave 3, the decline formed wave ((w)), which ended at 69,235 as a zigzag. Afterward, wave ((x)) began a rally to correct the cycle from the October 6, 2026 high. Once this rally completes, the Index is expected to turn lower again in wave ((y)), finishing the larger wave 4 correction. Near term, as long as the pivot at 64,946 remains intact, the pullback should find s
Dollar Index (DXY) Rallied from Our Equal Legs Zone
Hello traders. 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 know, DXY made a pullback that unfolded as an Elliott Wave Zig Zag pattern. Price completed a clear 3-wave move down from the peak and found support at the Equal Legs zone (buying area). In the following analysis, we explain the Elliott Wave pattern and the market outlook. DXY Elliott Wave 1 Hour Chart 10.06.2026 Dollar Index is currently forming an intraday three-wave pullback from the recent highs. We identified a potential buying zone by measuring the Equal Legs area with the Fibonacci Extension tool, projecting the length of wave (a) from the end of wave (b). The ideal support area comes at 1
The Russell 2000 ETF (IWM) has concluded its cycle from the March 20, 2026 low and is now entering a larger degree correction. The current pullback is unfolding as a zigzag Elliott Wave structure. Within this formation, the first leg, wave (A), is proposed complete at $275.46, as illustrated on the 45‑minute chart. The internal subdivision of wave (A) developed into a clear five‑wave structure, confirming its impulsive nature. At present, wave (B) is advancing as a corrective rally, designed to retrace the cycle from the August 17, 2026 high before the ETF resumes its downward trajectory. The internal subdivision of wave (B) is also taking the form of an ABC zigzag structure at a lesser degree. In this sequence, wave A subdivided into five smaller waves labeled ((i))–((ii))–((iii))–((iv))–
The short-term Elliott Wave view in the S&P 500 (SPX) indicates that the cycle from the March 30, 2026 low remains active, unfolding as a five-swing diagonal structure. From that low, wave ((i)) concluded at 7620.9, followed by a corrective decline in wave ((ii)) which ended at 7237.85. The Index then resumed its upward trajectory, advancing in wave ((iii)) toward 7816.7. Subsequently, a pullback in wave ((iv)) developed as a zigzag formation, completing at 7506.84, as reflected in the one-hour chart. The Index has since turned higher again in wave ((v)), which is internally subdividing into a clear five-wave structure. From the termination of wave ((iv)), wave (i) advanced to 7782.19. The ensuing pullback in wave (ii) found support at 7616.78. In the near term, as long as the pivot at
CBA.ASX Elliott Wave Analysis – wave ((4)) approaches blue box
CBA-ASX, Commonwealth Bank of Australia (ASX: CBA) remains downbeat from the peak of June 2025. However, the decline is corrective and approaches a key support zone. Buyers could be ready to start fresh bullish cycle from this zone Commonwealth Bank of Australia (ASX: CBA) is Australia’s largest bank and one of the country’s most valuable publicly listed companies. Founded in 1911 and headquartered in Sydney, the bank provides retail, business, institutional, and wealth management services to millions of customers across Australia and New Zealand. CBA-ASX is widely recognized for its strong market position, digital banking leadership, and consistent profitability. Its core businesses include home lending, deposits, business banking, credit cards, payments, and institutional banking,
September 28 2026 I entered the sell entry on the EURUSD pair at 1.1386 with a 15 pip stop loss at 1.1401 and was looking for a move lower to the 2R target at 1.1356. Sell Trade Setup 1. Price enters Daily FVG (Grey), then forms a bearish divergence pattern (Red) and reacts with a move lower. 2. Price breaks below the 1 Hour bearish CHoCH/Change of Character level signalling a possible top is in. (Black) 3. Price pulls up to the bearish supply zone (Purple) and I entered the SELL/SHORT trade with confidence. EURUSD 5 Minute Chart September 28 2026 EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX EURUSD moves lower and price hits 2R target at 1.1356 from 1.1386 and I closed sell trade for +30 pips (+2% gain risking 1% on every trade) A trader should always hav
Elliott Wave View: Uranium Miners ETF (URA) At the Crossroads – Rally or Larger Correction?
URA, the Global X Uranium ETF, offers investors exposure to companies engaged in uranium mining and nuclear energy production. It tracks the Solactive Global Uranium & Nuclear Components Index, making it a focused way to participate in the uranium sector and the broader nuclear energy theme. In this analysis, we apply Elliott Wave principles to assess the ETF’s broader technical landscape. By mapping its higher‑degree cycles alongside the finer internal structures, we outline how uranium equities may evolve within the ongoing commodity supercycle. This approach not only situates URA within its historical framework but also highlights pivotal levels where renewed strength could emerge. URA Elliott Wave Chart Monthly Chart On the monthly Elliott Wave chart of the Uranium Miners ETF (URA)
Elliott Wave View: Light Crude Oil (CL) Incomplete Bearish Sequence Still Favors Further Downside
The short‑term Elliott Wave view in Oil (CL) continues to show an incomplete bearish sequence from the September 16, 2026 high. This sequence maintains a clear downside bias and sets the tone for the current market structure. From that high, Oil declined in a five‑wave impulsive formation. Wave ((i)) ended at $99.10, and a brief rally in wave ((ii)) reached $103.48. The market then extended lower in wave ((iii)), which finished at $94.22. A modest recovery in wave ((iv)) stalled at $96.85. The final leg, wave ((v)), ended at $88.71 and completed wave 1 at a higher degree. After wave 1, Oil corrected in wave 2 through a zigzag structure that reached $96.78. The decline that followed broke below the wave 1 low and confirmed that the next bearish phase had begun. From the wave 2 peak, wave ((
The short‑term Elliott Wave outlook for EURUSD indicates that a five‑wave impulsive structure is developing from the August 21, 2026 high. From that peak, wave (i) concluded at 1.1566, followed by a corrective rally in wave (ii) that terminated at 1.1654. The pair then resumed its decline in wave (iii), which is unfolding with internal subdivision into another five‑wave sequence of lesser degree. Within this sequence, wave i ended at 1.145, while wave ii retraced modestly to 1.1495. The market continued lower in wave iii, reaching 1.1359, before a brief rally in wave iv that ended at 1.141. Current price action suggests that wave v of (iii) is nearing completion. Once this segment concludes, EURUSD should enter a corrective bounce in wave (iv), which will provide temporary relief before th