Elliottwave_Forecast

Elliott Wave Forecasts of 78 markets.

    • Elliottwave_ForecastElliottwave_Forecast
      ·05-22

      Elliott Wave View: Dow Futures (YM) Break Higher Following March 2026 Correction

      The short‑term Elliott Wave outlook for Dow Futures (YM) indicates that the Index has completed its correction against the cycle from the March 30, 2026 low and has resumed higher. The rally from that low is unfolding as a clear impulse. Within this structure, wave 1 terminated at 50,043, while the subsequent pullback in wave 2 found support at 48,608. From there, the Index extended upward in wave 3, which itself subdivides into another impulsive sequence. Advancing from wave 2, wave ((i)) concluded at 50,292, as illustrated in the one‑hour chart. The pullback in wave ((ii)) then ended at 49,146, establishing a pivotal low. The Index has since resumed its ascent in wave ((iii)) of 3. From wave ((ii)), the internal wave (i) is expected to complete shortly. Following that, a corrective pullb
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      Elliott Wave View: Dow Futures (YM) Break Higher Following March 2026 Correction
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-21

      Bitcoin (BTCUSD) Surges Higher From Key Support Zone

      The short‑term Elliott Wave outlook for Bitcoin (BTCUSD) shows the rally from the March 29 low concluded as wave 1 at $82,833. After this peak, the market corrected in wave 2, unfolding as a double three Elliott Wave structure. From the wave 1 high, wave (a) ended at $79,168. The rally in wave (b) reached $82,458. Wave (c) then dropped to $78,704, completing wave ((w)) at a higher degree. Bitcoin rebounded in wave ((x)), which finished at $82,047, setting up the next decline. The cryptocurrency extended lower in wave ((y)), which subdivided into a zigzag structure. From the wave ((x)) high, wave (a) ended at $77,614. A modest rally in wave (b) concluded at $78,573. The final leg, wave (c), dropped to $76,072, completing wave ((y)) of wave 2 at a higher degree. This decline brought Bitcoin
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      Bitcoin (BTCUSD) Surges Higher From Key Support Zone
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-20

      Elliott Wave Outlook: GDX Approaches Key Support Zone $78.6– $82 Range

      The short‑term Elliott Wave outlook for Gold Miners ETF (GDX) shows a correction unfolding from the March 20, 2026 low. This move is developing as a zigzag structure, a common three‑wave corrective pattern. From the March 20 high, wave (A) ended at $85.46, followed by a rally in wave (B) that reached $98.74. The ETF has since turned lower, with wave (C) now in progress and subdividing into five smaller waves. From the peak of wave (B), wave 1 concluded at $92.85. A corrective rally in wave 2 then advanced to $97.56. The ETF extended lower in wave 3, which is expected to finish soon. Afterward, a rally in wave 4 should emerge, likely in three or seven swings, before a final decline in wave 5 completes wave (C). The downside target aligns with the 100% Fibonacci extension of wave (A) and the
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      Elliott Wave Outlook: GDX Approaches Key Support Zone $78.6– $82 Range
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-20

      Gold Miners ETF (GDX) Forecasting the Rally After 3 Waves Pull Back

      Hello fellow traders. In this technical article, we take a quick look at the Elliott Wave charts of the Gold Miners ETF (GDX), published in the members’ area of our website. The ETF shows bullish impulsive sequences on both the daily and weekly charts.  The structure points to a strong uptrend, with higher highs and higher lows. Pullbacks should find support in key areas, offering buying opportunities. In the following sections, we explain the Elliott Wave structure, highlight key levels, and outline possible scenario. We focus on trading with the trend and avoid selling while the bullish sequence remains intact. GDX Elliott Wave 4 Hour  Chart 3.23.2026 Current analysis suggests GDX is close to completing wave (IV) (blue) as an ABC zigzag. The extreme zone has already been reache
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      Gold Miners ETF (GDX) Forecasting the Rally After 3 Waves Pull Back
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-20

      Mastercard Inc (NYSE: MA) Enters Extreme Area

      Mastercard Inc (NYSE: MA) is undergoing a weekly correction. Today, we dive into its technical chart. Our analysis explores the Elliott Wave structure and projected target for the current cycle. MA completed an impulsive five-wave advance from its 2022 low of 277.79. Wave I peaked at $582. From that high, a three-wave flat correction is now unfolding. Wave ((A)) ended at 465. Then, Then, wave ((B)) reached $601. Currently, wave ((C)) remains in progress. The stock already reached the equal legs zone ( $511 − $463) . This area should conclude wave II. Consequently, a bullish reversal will take place from this zone and Mastercard will look to resume the rally higher in wave III into new all time highs. Mastercard (MA) Weekly Chart 5.20.2026 MA Weekly Chart 5.20.2026 Conclusion Mast
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      Mastercard Inc (NYSE: MA) Enters Extreme Area
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-19

      EURUSD Zigzag Correction Points to Elliott Wave Support at 1.148–1.160

      EURUSD is unfolding a corrective zigzag structure from the April 17, 2026 high. First, wave A ended at 1.1655, establishing the initial leg of the decline. Then, wave B rallied to 1.1796, as shown on the one‑hour chart. From that point onward, wave C began to progress lower, subdividing into five smaller waves. This subdivision aligns with Elliott Wave guidelines and confirms the corrective nature of the move. Specifically, wave ((i)) concluded at 1.1722, after which wave ((ii)) rallied to 1.1788. Subsequently, the pair resumed its decline in wave ((iii)), which extended toward 1.1608. Now, wave ((iv)) is advancing as a rally. Importantly, resistance should appear in the 1.168–1.171 zone, where sellers may re‑emerge. Moreover, as long as the pivot at 1.18 holds, rallies are likely to fail
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      EURUSD Zigzag Correction Points to Elliott Wave Support at 1.148–1.160
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-19

      SPY Launches Strong Bullish Rally from Blue Box Zone

      In this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of SPY. In which, the rally from 07 April 2025 low ended in an impulse sequence & showed higher high sequence in weekly structure therefore, called for an extension higher to take place. We knew that the structure in SPY should remain supported & extend higher. So, we advised members not to sell the ETF & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: SPY Daily Elliott Wave Chart From 3.29.2026 SPY Launches Strong Bullish Rally from Blue Box Zone Here’s the Daily Elliott wave Chart from the 3.29.2026 Weekend update. In which, the rally to $697.84 high completed wave ((1)) & made a pullback in wave ((2)) to correct the c
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      SPY Launches Strong Bullish Rally from Blue Box Zone
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-19

      Costco (COST) Looking For Break Out For Targeting $1515

      Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States & globally together with its subsidiaries. It offers branded & private-label products in the range of merchandise categories. It also operates e-commerce websites in the US, Canada, UK & many other countries. It comes under Consumer Defensive sector & trades as “COST” ticker at Nasdaq. In weekly, COST is bullish nested impulse sequence & expect rally against May-2022 low, while dips remain above $844.06 low. It is close to break above February-2025 high of $1080. Once it breaks above that level, buyers should buy the pullback for targeting $1515 or higher. COST – Elliott Wave Latest Weekly View: It ended ((I)) in weekly at $612.27 high in April-2022 & ((II)) a
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      Costco (COST) Looking For Break Out For Targeting $1515
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-19

      How Elliott Wave enforces patience and timing

      Hello traders! In this post, we’ll explore how Elliott Wave helps time the markets and the patience required when applying the theory in financial trading. We’ll also walk through live examples from recent EWF charts where patience and precise timing were key to identifying the right levels and moments to enter positions. In the fast-paced world of financial markets, the biggest enemy you will face isn’t the market makers, the algorithms, or bad luck. It’s the reflection in the mirror. Overtrading, entering too early due to FOMO (Fear of Missing Out), and exiting too late due to greed are psychological traps that claim countless trading accounts. To survive, you don’t just need a strategy, you need a framework that forces discipline upon you. While many traders view Elliott Wave purely as
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      How Elliott Wave enforces patience and timing
    • Elliottwave_ForecastElliottwave_Forecast
      ·05-19

      Intel’s (INTC) Revenge: How the Underdogs Are Finally Winning the AI War

      The current trajectory of the semiconductor market suggests a significant “changing of the guard” in the AI sector, as capital rotates from the first-wave GPU dominance of Nvidia into the foundational infrastructure plays of Intel (INTC) and AMD. This shift is not merely a product of market sentiment but is deeply reflected in the technical structures of the current rally. From an Elliott Wave perspective, Intel appears to be transitioning out of a multi-year corrective phase and into a powerful Wave 3 rally, driven by the structural validation of its strategies and landmark foundry agreements. Our INTC blog back in  2020, called for the same rally to take place and it is finally happening 4-5 years later. Let’s take a look at the montly and daily charts to dissect the most recen
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      Intel’s (INTC) Revenge: How the Underdogs Are Finally Winning the AI War
       
       
       
       

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