Elliott Wave Outlook: DAX Nearing Final Wave ((v)) Ahead of a Broader Corrective Phase
The short‑term Elliott Wave outlook for the DAX indicates that the cycle from the July 17, 2026 low has reached a mature stage and is approaching completion. From that low, wave (i) advanced to 25,271.34, followed by a measured pullback in wave (ii) which ended at 24,696.59. The Index then resumed its upward trajectory in wave (iii), and the internal structure developed as a clear impulse at a lower degree. Within this sequence, wave i ended at 25,565.10, while the subsequent wave ii pullback concluded at 25,303.11. Momentum strengthened again as wave iii extended to 26,403.81, and the corrective wave iv ended at 26,081.69. The final leg, wave v, reached 26,573.50, thereby completing wave (iii) at the higher degree. The pullback in wave (iv) unfolded as a textbook zigzag structure, reinfor
USO is rebounding from historic lows as oil prices maintain their upward momentum. The fund is currently targeting its fifth swing since the May 2020 recovery, bolstered by a bounce from the Daily blue box that provides a strong foundation for continued gains. In this analysis, we explore the next potential targets and identify the best strategies for traders to capitalize on the current market structure. USO (United States Oil Fund) is an exchange-traded fund (ETF) designed to track the daily price movements of West Texas Intermediate (WTI) crude oil. Instead of holding physical oil, the fund primarily invests in near-term WTI crude oil futures contracts traded on the NYMEX. On 8th Mar 2026, at the heat of the US/Israel-Iran war, the USO broke out of a sideways pr
Palladium Futures (PA_F) Elliott Wave: Forecasting the Decline From the Equal Legs Zone
Hello traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Palladium Futures (PA_F) published in members area of the website. As our members know, Palladium Futures recently saw a rejection from the equal legs zone. In the following analysis, we explain the Elliott Wave pattern and discuss the market outlook. Palladium PA_F Elliott Wave 1-Hour Chart 08.10.2026 At the moment, Palladium Futures (PA_F) is forming a three-wave corrective recovery. However, the commodity remains bearish against the 1578.43 peak. Meanwhile, the recovery has reached a key technical resistance area at 1408.70–1516.35. Therefore, this area represents our Equal Legs selling zone. From this zone, we expect sellers to step in and produce at least a three-wave reaction
Don’t Chase Price: The Power of the 3-Wave Pullback
Many traders make Elliott Wave more complicated than necessary. Instead of trying to memorize every pattern, start with one practical sequence: identify the trend, wait for a three-wave correction and require confirmation before entering the market. A Simple Three-Step Process First, determine the dominant market direction. If the larger trend points higher, avoid buying after an extended rally. Instead, let the price pull back against the trend. Next, look for a correction that develops in three parts. Depending on its internal structure, analysts may label it A-B-C or W-X-Y. However, the message remains the same: the market is moving against the dominant trend and may offer a better location for the next trading decision. Finally, wait for the 3-wave correction to complete and confirm yo
Moderna (NASDAQ: MRNA) is showing a potentially significant bullish reversal setup on the weekly chart, with the long-term Elliott Wave structure suggesting that a major corrective phase may have ended and a new impulsive advance could be underway. The stock experienced a substantial decline after completing a cycle-degree wave I near the 2021 peak. This was followed by a complex and extended corrective structure that lasted several years. According to the current Elliott Wave count, that correction appears to have completed with wave II near the 2025–2026 lows, around the $20 area. The chart marks the long-term invalidation level at $11.54, keeping the bullish scenario valid as long as price remains above this level. Following the completion of wave II, Moderna has shown a strong recovery
The short‑term Elliott Wave view in Silver (XAGUSD) indicates that the cycle from the July 17, 2026 low continues to unfold as a clear impulsive structure. From that low, wave (1) advanced to $60.929 before a measured pullback in wave (2) reached $56.539. The subsequent rally in wave (3) extended to $66.79, confirming the strength of the impulsive sequence. A corrective decline in wave (4) followed and ended at $62.54. This pullback displayed a well‑defined zigzag subdivision, with wave A finishing at $63.47, wave B at $66.56, and wave C at $62.61. Completion of wave C also marked the end of wave (4) at a higher degree, reinforcing the broader impulsive context. Wave (5) has now begun to develop, and its internal structure shows another impulsive formation. From the wave (4) low, wave 1 pr
Russell 2000 Futures (RTY_F): Another Buying Opportunity from the Blue Box
Hello traders. In this technical article, we’ll examine the Elliott Wave charts of Russell 2000 Futures ($RTY_F), published in the members’ area of our website. As our members know, we’ve identified several high-quality trading setups recently. Russell 2000 Futures delivered another one. RTY_F formed a clear three-wave decline from the peak and completed the correction precisely within the Equal Legs area. We presented this buying opportunity to members as a real-time trading setup. Traders who missed the previous Russell setup were given another opportunity to enter the market. In the following sections, we’ll break down the Elliott Wave structure, trading setup, and upside target levels. RUSSELL Elliott Wave 1 Hour Chart 08.20.2026 At the moment, Russell 2000 Futures is
The short‑term Elliott Wave view in Oil (CL) continues to suggest a constructive bias, supported by the impulsive rally from the July 2, 2026 low. That advance unfolded in five waves and concluded wave (A) at $93.50. Following this peak, the market experienced a three‑wave corrective decline, which terminated at $74.17 as reflected in the one‑hour chart. The sequence of a five‑wave rally followed by a three‑wave pullback establishes a bullish structure against the July 2 pivot, reinforcing the expectation of further upside potential. From the completion of wave (B), Oil has resumed higher in wave (C), which is unfolding with impulsive characteristics. Within this progression, wave ((i)) ended at $84.61, while the subsequent pullback in wave ((ii)) found support at $80.09. The instrument th
Elliott Wave View: Newmont (NEM) Targets Fresh Record Highs
Newmont Mining (NEM), officially Newmont Corporation, is the world’s largest gold mining company and a leading producer of copper, silver, zinc, and lead, headquartered in Denver, Colorado. Its price movements have consistently mirrored broader macroeconomic cycles and shifts in investor sentiment toward gold, while the Elliott Wave structure underscores the potential for sustained bullish momentum. Newmont Monthly Elliott Wave Chart Newmont Mining (NEM) is exhibiting a nested impulsive Elliott Wave structure that supports a bullish outlook over the months and years ahead. Wave ((I)) concluded at $81.92, followed by a corrective decline in Wave ((II)) that bottomed at $12.75. The advance in Wave ((III)) is now underway, unfolding with internal subdivisions as an impulse. From the low of Wa
IWM (iShares Russell 2000 ETF) has been unfolding a bullish impulse from the March 23, 2026 low, maintaining a higher‑high sequence that favors continued upside. Our strategy guided members to avoid selling and instead buy dips in 3, 7, or 11 swings at defined blue box areas. August 20, 2026 (1‑Hour Chart Update) Rally from July 29 low ended wave 3 at $305.20. Wave 4 pullback unfolded as a zigzag correction:((a)) ended at $299.64.((b)) bounced to $303.58.((c)) reached the blue box at $297.39–$293.54. Buyers were expected to emerge from this zone for the next leg higher or at least a 3‑wave bounce. August 24, 2026 (1‑Hour Chart Update) IWM reacted strongly higher after completing the zigzag correction in the blue box. Members secured risk‑free positions shortly after entry. A decisive break