Elliott Forecast - Exxon Mobil XOM Found Buyers at the Extreme Blue Box

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Elliott Forecast

Eric Morera

Exxon Mobil XOM Found Buyers at the Extreme Blue Box

Hello traders! Welcome to another blog post where we apply the Elliott wave theory to various financial instruments. Today, we’ll focus on Exxon Mobil (XOM) using the Elliott wave theory. Specifically, we’ll analyze an Elliott wave path from one of our June 2024 updates shared with members.

26/06/2024 3 EN

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Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

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Eric Morera

Other Reports from Elliott Forecast

Eric Morera

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Elliott Wave Intraday Analysis on AUDJPY Looking to End Wave 5

Short Term Elliott Wave in AUDJPY suggests rally from 6.4.2024 low is in progress as a . Up from 6.4.2024 low, wave 1 ended at 104.8 and pullback in wave 2 ended at 103.57. Internal subdivision of wave 2 unfolded as a zigzag where wave ((a)) ended at 103.6, wave ((b)) ended at 104.27, and wave ((c)) lower ended at 103.56. This completed wave 2 in higher degree and the pair has turned higher in wave 3. Up from wave 2, wave ((i)) ended at 104.38 and pullback in wave ((ii)) ended at 104. Pair has extended higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 104.78 and dips in ...

June 27, 2024 June 27, 2024 1 EN

Eric Morera

Eric Morera

Elliott Wave Expects USDJPY to Extend Higher in Impulsive Sequence

Short Term Elliott Wave in USDJPY shows incomplete bullish sequence from 6.4.2024 low favoring more upside. Up from 6.4.2024 low, wave 1 ended at 157.4 as the 1 hour chart below shows. Pullback in wave 2 unfolded as a zigzag structure. Down from wave 1, wave ((a)) ended at 156.92 and wave ((b)) ended at 157.38.

June 26, 2024 June 26, 2024 1 EN

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Exxon Mobil XOM Found Buyers at the Extreme Blue Box

Elliott Wave Intraday Analysis on AUDJPY Looking to End Wave 5

Elliott Wave Expects USDJPY to Extend Higher in Impulsive Sequence

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