Hello traders ! In this technical article, we’re going to take a quick look at the Elliott Wave charts of the SPX index, published in the members area of the website. As our members know, SPX remains overall bu
Hello traders and investors! In this technical article, we’re going to take a quick look at the Elliott Wave charts of the Nasdaq ETF QQQ, published in the members area of the website. As our members know, QQQ is showing impulsive bullish sequences in the cycle from the August 420.16 low. As a result, we are favoring long side at this stage. However, we believe the H4 pullback is still incomplete and could provide another leg down. We will explain the reasons behind this Elliott Wave forecast and how to trade it further in this article.
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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