Elliottwave_Forecast

Elliott Wave Forecasts of 78 markets.

    • Elliottwave_ForecastElliottwave_Forecast
      ·04-14 22:23

      Nasdaq-100 ETF (QQQ) Ended Correction From Blue Box

      The Nasdaq-100 ETF (QQQ) appears to have ended its correction against the April cycle. The current resurgence stems from the blue box, where we recommended members to go long. In this blog post, we will analyze the structures, the blue box, and what to expect next. Indices began to sharply rebound last week after correcting the April cycle for over two months. We believe the April bullish cycle for most indices ended in January/February 2026. As for QQQ, the pullback against the April cycle began in late October 2025. We confirmed the peak to our members and recommended selling. We anticipated the correction against the April low to occur in a 3, 7, or 11-wave corrective sequence. We looked to buy at the extreme of any of these correction stages, as long as it wasn’t too shallow – below a
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      Nasdaq-100 ETF (QQQ) Ended Correction From Blue Box
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-14 22:02

      Elliott Wave View: S&P 500 ETF (SPY) Resumes Uptrend After Completing Corrective Phase

      The S&P 500 ETF (SPY) has completed its correction to the cycle that began from the April 7, 2025 low and has turned higher with an attempt to reach a new all‑time high. From the April 2025 low, the ETF advanced in wave ((1)), which ended at the January 28, 2026 high of $697.87. It then pulled back in wave ((2)) to correct the entire cycle from April 2025, and this decline concluded at $629.23. With that level in place, SPY has resumed higher in wave ((3)), although a decisive break above the wave ((1)) peak at $697.87 remains necessary to fully dismiss the risk of a double correction. Rally from wave ((2)) low is unfolding as an impulse Elliott Wave structure. Wave ((i)) advanced to $658.52, followed by a pullback in wave ((ii)) that ended at $644.16. The structure now suggests that S
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      Elliott Wave View: S&P 500 ETF (SPY) Resumes Uptrend After Completing Corrective Phase
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-14 22:01

      Royal Bank of Canada (RY): Elliott Wave Signals Strong Upside Toward $226

      Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under Financial services sector & trades as “RY” ticker at NYSE. RY favors nesting within October-2023 sequence, while dips remain above $156.91 low. Above March-2026 low, it should continue rally in (3) of ((3)), which confirms once momentum divergence erased. Since March-2020 low as (II), it started rally in (III) in weekly. It placed I of (III) at $119.41 high in January-2022 & II at $77.90 in October-2023 low. Above there, it ended ((1)) of III at $128.05 high, ((2)) at $106.10 low & favors rally in ((3)) as nest from April-2025 low. Within ((1)), it ended (1) at $176.19 high &
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      Royal Bank of Canada (RY): Elliott Wave Signals Strong Upside Toward $226
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-14 21:47

      Visa (V) Establishes $300 Base, Eyes $400 Next

      Last year, we explained Visa (NYSE: V) bullish sequence and outlined the reasons for more upside. Now that this cycle has ended, we analyze the recent weekly correction. This pullback presents a fresh investment opportunity. Therefore, we update our bullish view for the stock. Looking at Visa’s Elliott Wave count, the cycle from the 2022 low has ended. A five-wave advance marked wave (III) at $375. Following that peak, the stock started a pullback in wave (IV). This correction shaped a corrective double three structure. Price already reached the $300 – $264 Blue Box zone. Investors should buy from this extreme area for the next move higher. Consequently, Visa should react to the upside with at least a three-wave bounce. Ideally, wave (V) will begin from this zone. This next cycle should ta
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      Visa (V) Establishes $300 Base, Eyes $400 Next
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-09

      Elliott Wave Triangle Patterns: Ascending, Descending & Contracting – Complete Guide

      Triangles are one of the most important corrective patterns in Elliott Wave Theory, helping traders identify consolidation phases and anticipate high-probability breakout opportunities. These patterns consist of five waves (A-B-C-D-E) forming a 3-3-3-3-3 structure, typically appearing before the final move in a trend. What Is a Triangle in Elliott Wave Theory? A triangle in Elliott Wave is a sideways corrective pattern that reflects a temporary balance between buyers and sellers before trend continuation. Triangles commonly appear in: Wave 4 of an impulse Wave B of a correctionThese structures also appear in double and triple combinations. Wave X in complex structures Learn the basics of Elliott Wave Theory before diving deeper. Key Features of Triangle Patterns 5-wave structure (A-B-C-D-E
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      Elliott Wave Triangle Patterns: Ascending, Descending & Contracting – Complete Guide
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-09

      $META Elliott Wave Update: Reaction From Blue Box Areas Has Happened as Expected

      In this Elliott Wave update, Meta Platforms Inc. ($META) is being revisited following the previously discussed blue box support areas. As anticipated, the reaction from those areas has happened as expected. Buying interest was seen from the blue box zones, and a meaningful bounce has been produced. As a result, the bullish sequence has been respected, and further upside is now being allowed while the stock remains above the key invalidation level. $META Reaction From the Blue Box Areas Has Been Confirmed $META In the prior outlook, attention was drawn to the blue box area as high-frequency support zones where the correction was expected to be completed and buyers were expected to step in. That view has now been validated by price action. A strong reaction was produced from the blue bo
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      $META Elliott Wave Update: Reaction From Blue Box Areas Has Happened as Expected
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-08

      Elliott Wave: Gold (XAUUSD) Builds 5 Swings Higher, Favoring Upside

      Gold (XAUUSD) reached an all-time high of $5598.75 on January 29 before undergoing a notable correction. This decline unfolded in a 3 Elliott waves zigzag structure, ultimately finding support at $4094.63. We have identified this corrective phase as wave (IV). Since then, the metal has resumed its upward trajectory, entering wave (V). To fully confirm the bullish outlook, however, gold must decisively break above the prior peak of $5598.75. Without such a move, the risk of a double correction remains present. The short-term rally from the wave (IV) low has already displayed a five-swing structure. This pattern is characteristic of a motive sequence, which generally signals continuation rather than exhaustion. Consequently, the technical picture favors further upside momentum. From the wave
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      Elliott Wave: Gold (XAUUSD) Builds 5 Swings Higher, Favoring Upside
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-02

      Understanding Double & Triple Combinations in Market Corrections

      In Elliott Wave Theory, market corrections are rarely simple. While many traders expect clean zigzags or flats, real market behavior often unfolds in more complex corrective structures known as double and triple combinations. These formations provide deeper insight into price action, market psychology, and potential future direction. This guide breaks down how these patterns work, how to identify them, and how traders can use them to improve decision-making. To fully understand these structures, it’s important to first learn the Elliott Wave Theory basics. What Are Double and Triple Combinations? Double and triple combinations are complex corrective patterns that occur when the market fails to complete a simple correction and instead extends sideways. Double Combination: Labeled as W–X–Y T
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      Understanding Double & Triple Combinations in Market Corrections
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-01

      Estée Lauder (EL) Wave V Recovery Signals Strong Upside Ahead

      Estée Lauder (EL) has completed a major bullish cycle within wave (III), which topped near 374.20. The structure within this advance shows a clear five-wave sequence, with wave I extending strongly and driving the broader trend higher. This type of extension often reflects strong momentum and institutional participation during the impulsive phase. After completing wave (III), the stock entered a deep corrective phase in wave (IV). This pullback unfolded as a complex W-X-Y-X-Z structure and found support near 48.37. The decline corrected a large portion of the prior advance, but it maintained the overall bullish structure on the higher time frame. Price has now turned higher from this low, suggesting that the correction has likely completed. From the wave (IV) low, the market has alrea
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      Estée Lauder (EL) Wave V Recovery Signals Strong Upside Ahead
    • Elliottwave_ForecastElliottwave_Forecast
      ·04-01

      Elliott Wave Outlook: Meta Concludes Correction Phase, Signals Upside

      After forming a significant top on August 15, 2025, at $796.25, META entered a multi‑month corrective phase. This decline unfolded as a double three Elliott Wave structure, reflecting a complex corrective pattern. From the August peak, wave w concluded at $580.32, followed by wave x at $744. The subsequent wave y subdivided into a zigzag formation. Within this sequence, wave ((W)) ended at $628.14, wave ((X)) at $672.75, and wave ((Y)) at $519.18, as illustrated in the thirty‑minute chart. This completed wave (II) at a higher degree, establishing a critical low. From that point, the stock began a new upward cycle in wave (III). Rising from wave (II), wave 1 terminated at $539.55, while the corrective pullback in wave 2 concluded at $531.85. The structure now anticipates further advances to
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      Elliott Wave Outlook: Meta Concludes Correction Phase, Signals Upside
     
     
     
     

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