Wave summary: The correction in wave [ii], completed with the test of 114.42 and wave [iii] towards at least 120.03, is now developing. Short term, we will likely see support near 115.42 protect the downside for the next rally through minor resistance at 117.15 for the next rally towards 120.03 and possibly even higher. Trading […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Building permits help answer the question, ‘What’s next for builders, developers, the construction business and real estate in the U.S.?” You can see for yourself that building permits can be an excellent early indicator for real estate. Learn How the Wave Principle Can Improve Your Trading
Wave summary: The corrective decline in wave ii does not look complete yet, and more downside pressure towards the 50% corrective target at 1.5506 and maybe even lower to the 61.8% corrective target at 1.5404 cannot be ruled out as long as the minor resistance line near 1.5731 is able to protect the upside. Only […]
Wave summary: The expected corrective decline in wave [ii] picked up speed and broke below support at 114.80 calling for a deeper correction closer to 113.70 (61.8% of wave [i]) and maybe even lower to 112.42 (78.6% of wave [i]). Short term, resistance is now seen at 115.44, which likely will hold for a decline […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG A mix of bull and bear market impulses are evident in today’s culture. How is that possible with recent all-time highs in stocks? Shouldn’t social mood be decidedly bullish? A Boston University econophysicist charts water’s freezing process and makes a shocking discovery. Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD. April […]
Wave summary: As the correction from 1.5837 has become deeper than expected, we have concluded wave i at 1.5837, and a correction in wave ii is currently unfolding. The first target to look for is the low [iv] at 1.5530. Once this target has been tested, the correction can terminate and a new impulsive rally […]
Wave summary: As long as minor resistance at 117.27 is able to protect the upside, we will be looking for a deeper correction in wave [ii] closer to 115.41 before the next impulsive rally towards minimum 120.47 is expected. Short term, a break below minor support at 117.30 will confirm the corrective decline towards 115.41, […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Every financial crash has been preceded by the same setup: an unsustainable build-up of credit. Rising rates will mean corporations will have a difficult time servicing their debt. An evitable day of reckoning will follow. This chart serves as a warning. Learn How the Wave Principle Can Improve Your Trading Related Posts:Crash on Wall […]
Our European markets expert outlines what to watch for next. Learn more: http://www.elliottwave.com/wave/Whitmer Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… April 10, 2024 On Tuesday, ahead of the release of key inflation data,…Market Comment – Stocks climb after sizzling US jobs report […]
Wave summary: We continue to look for one more spike higher to the ideal 1.5941 target, from where a corrective decline to the low of wave [iv] at 1.5530 is expected before the next impulsive rally higher towards at least 1.6381 and likely even higher to the first extension target at 1.6917. Short-term support is […]
Wave summary: We keep looking for one more decline to just below 115.45 to complete wave [ii] and set the stage for the next impulsive rally towards at least 120.47 and, most likely, closer to 122.76. Short term, a minor triangle consolidation is developing, this should eventually give away towards the downside for the decline […]
Michael Madden, who forecasts cross rates for our Currency Pro Service, tells you about the volatility following the historic Brexit vote. Michael’s based in Ireland. This is your chance to hear first-hand what the sentiment is like in the UK, given all the recent political upheaval. More information: http://www.elliottwave.com/wave/ETVFW Learn How the Wave Principle Can […]
Wave summary: The impulsive rally of the 1.5072 low is unfolding nicely. A little move up closer to 1.5941 is expected in wave [v] to complete wave i and set the stage for a correction in wave [ii] towards at least the 38.2% correction of the rally from 1.5072 to 1.5941. At the same time, […]
Wave summary: We are still looking for more sideways consolidation in wave [ii]. The correction in wave [ii] turned into a flat correction. Wave [c] is just below the low of wave [a] at 115.41. Next impulsive rally higher towards at least 120.47 and possibly even higher is still expected. In the short-term, a break […]
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Wave summary: The impulsive rally from the 1.5072 low still needs more upside pressure before completing. In the short term a minor wave [iv] correction is unfolding. Once it is completed, a continuation higher towards 1.5941 should be expected. As long as minor resistance at 1.5687 is able to protect the upside wave [iv], the […]
Wave summary: Wave [ii] is still unfolding and more downside pressure towards 114.81 is still expected before the next impulsive rally kicks in. The decline from the wave b high at 117.62 has been rather slow, which could indicate that a more complex wave b correction is unfolding, maybe as a small triangle. But at […]
Jim Martens, the editor of Elliott Wave International’s Currency Pro Service, gives you a preview of what’s going on in the FX world post-Brexit. Get free forex forecasts: http://www.elliottwave.com/wave/ETVFW Learn How the Wave Principle Can Improve Your Trading Related Posts:Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, 2024 We introduce you to the daily […]
Now through 5 p.m. July 22, you are invited to get free access to an online event that only happens once or twice a year at elliottwave.com: Forex FreeWeek Forex FreeWeek is a 5-day event where Elliott Wave International opens the doors to their premium-grade Currency Pro Service ($494/mo. value) — a forecasting hub for […]
Wave summary: The impulsive rally of the 1.5072 does not look complete yet and might even extend closer to 1.5914 before completing and setting the stage for a more substantial correction towards 1.5400 which marks the bottom of wave [iv]. The first indication that wave i is complete will be a break below minor support […]
Wave summary: The impulsive rally of the 1.5072 does not look complete yet and might even extend closer to 1.5914 before completing and setting the stage for a more substantial correction towards 1.5400 which marks the bottom of wave [iv]. The first indication that wave i is complete will be a break below minor support […]
Wave summary: The correction in wave [ii] continues to unfold just as we expected, and we will be looking for a break below minor support at 116.30 confirming the next part of the decline in wave [ii] closer to 114.81 to complete wave [ii] and set the stage for the next impulsive rally in wave […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Wall Street pundits have called the 2016 presidential election the most important of their lifetimes. Yet our data shows the party in control of the White House makes no discernible difference to the stock market’s trend. So what gives? Take a look at a revealing chart from our research about political parties and the […]
Wave summary: Our warning of a possible low in wave C already in place at 1.5072 if the minor resistance near 1.5455 was broken seems to have been well placed. We have seen this minor resistance line being broken as it wasn’t there at all calling for more upside pressure towards 1.5722 to complete wave […]
Wave summary: The rally of the 109.48 low does display an impulsive structure, but we are not out of the woods yet. Only a firm break above important resistance at 122.00 will confirm that a long-term corrective low is in place at 109.48 and a new long-term impulsive rally is developing. In the short term, […]
Peter DeSario, the editor of our Interest Rates Pro Service, offers you his latest outlook for U.S. Treasuries — and reveals if he thinks the bull market will continue. Learn more: http://www.elliottwave.com/Trader-Analysis/Pro-Services?rcn=ewtvenergyps Editor’s note: Come back Monday, July 18 for part 2 of this interview with Peter DeSario. Learn How the Wave Principle Can Improve […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Actively managed mutual funds generally charge higher fees than passive index funds. Shareholders pay for the fund manager’s supposed stock-picking skills. Find out why many investors are often disappointed, and especially so through the first half of 2016. Learn How the Wave Principle Can Improve Your Trading Related Posts:Can Q1 earnings season refuel the […]
Case Study: Successfully Forecasting Crude Oil from 2014 to Today The Wave Principle helped investors prepare for today’s energy market action By Elliott Wave International March 31, 2014 was no time to issue a bearish forecast for crude oil — or so it appeared. But that’s exactly the scenario Elliott Wave International’s founder Bob Prechter […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Elliott wave-minded investors must be adaptable to a changing market framework in order to be successful. Deductive reasoning is the best approach. See how a trend channel helped us to stay on track with a bullish forecast. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks […]
Wave summary: The strong break above resistance at 1.5336 is of concern, but not yet destoying the possibility of more downside pressure. However, if the minor resistance line near 1.5455 is also broken, then a strong indication of a bottom already being in place has been seen. We have considered the decline from 1.9023 as […]
