reports
- Daud Bhatti
Netflix (NFLX) Looking to Complete 5 Waves Elliott Wave Impulse
March 31, 2023 By Cycle from 3.13.2023 low in Netflix (NFLX) is in progress as a . Up from 3.13.2023 low, wave 1 ended at 316.6 and pullback in wave 2 ended at 293.21. As the 45 minutes chart below shows, internal of wave 2 unfolded as a double three structure. Down from wave 1, wave ((w)) ended at 296, wave ((x)) ended at 307.92, and wave ((y)) lower ended at 293.18. The stock then extended higher in wave 3 towards 336.44 with internal subdivision as 5 waves in lesser degree. Up fro...
- Daud Bhatti
Elliott Wave Suggests Bitcoin (BTCUSD) Should Continue Impulsive Rally...
March 30, 2023 By Rally from 11.21.2022 low is in progress as a . Up from 11.21.2022 low, wave (1) ended at 25250 and pullback in wave (2) ended at 19578. The crypto-currency extends higher again in wave (3) towards 29380 with internal subdivision as another 5 waves in lesser degree. Up from wave (2), wave 1 ended at 26533 and dips in wave 2 ended at 23940. Bitcoin extends higher again in wave 3 towards 28567 and pullback in wave 4 ended at 26688. Final leg wave 5 ended at 29380 which...
- Daud Bhatti
S&P500 ( $SPX ) Elliott Wave Forecasting The Path
March 30, 2023 By Hello fellow traders. In this article we’re going to take a quick look at the of S&P 500 ( SPX) published in members area of the website. As our members know SPX is showing incomplete structure in the cycle from the January 2022 peak, calling for potential extension lower. Recently we got a 3 waves bounce that completed right at the extreme zone as we expected. In the further text we are going to explain the Elliott Wave Forecast. SPX Elliott Wave 1 Hour Chart...
- Daud Bhatti
Elliott Wave Favors DAX Rally to Fail
March 29, 2023 By Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback is currently in progress to correct cycle from 9.28.2022 low. The decline from wave ((1)) peak on March 7, 2023 is unfolding as a . Down from March 7, 2023 high, wave ((a)) ended at 14664.17 and rally in wave ((b)) ended at 15153.11. Final leg wave ((c)) lower ended at 14458.39 which completed wave W in higher ...
- Daud Bhatti
$VKTX: Viking Therapeutics Started New Bullish Cycle
March 28, 2023 By Viking Therapeutics Inc. is an innovative biotechnology company developing novel therapeutics for metabolic and endocrine diseases. Metabolic and rare disease programs include novel selective thyroid receptor-β agonist approach. These and other programs are currently within phases 1, 2 and preclinical. Viking Therapeutics saw IPO back in 2015. Since then, investors can trade it under the ticker $VKTX at NASDAQ. Viking Therapeutics Weekly Elliott Wave Analysis 03.28....
- Daud Bhatti
Bearish Elliott Wave Sequence in AUDJPY Suggests Further Downside
March 28, 2023 By AUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a . This cycle is mature and expected to end soon. Down from 2.15.2023 high, wave 1 ended at 91.91 and rally in wave 2 ended at 93. Pair then resumes lower again in wave 3 towards 87.33 as the 1 hour chart below shows. Rally in wave 4 ended at 89.509 with internal subdivision as a zigzag structure. Up from wave 3, wave ((a)...
- Daud Bhatti
HG_F: Copper Futures – Reaction Higher from Equal Legs Area
March 28, 2023 By Hello Traders, in this article we will analyze how we were able to forecast here at Elliott Wave Forecast the reaction higher in HG_F (Copper Futures). Firstly, copper was trading within a cycle from 01.18.2023 in a pullback phase. Secondly, we had in place the first leg of the cycle including the connector in place. This allows us to be able to project the equal legs area of the market. Within these areas buyers and sellers agree to a reaction of minimum 3 waves. Us...
- Daud Bhatti
USDJPY Reacting Lower From The Equal Legs Area
March 28, 2023 By In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of USDJPY. In which, the decline from 16 March 2023 high ended 5 waves in an impulse sequence and showed a lower low sequence in a higher time frame charts. Therefore, we knew that the structure in USDJPY is incomplete to the downside & should see more weakness. So, we advised members to sell the bounces in 3, 7, or 11 swings at the extreme areas. We will explain the structure...
- Daud Bhatti
Gold to Silver Ratio Has Started the Next Bearish Leg
March 28, 2023 By With tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there’s no shortage of black swan events. Gold and Silver have performed very well in this environment. After 3 years of consolidation, they look to have formed major low earlier this year and ready for the next bullish cycle. We will look at the Gold-to-Silver ratio (AUG) which has an inverse correlation to the underlying physical Gold and Silver. In other words, when ...
- Daud Bhatti
Deere & Company (DE): Favors Sideways To Lower In Correction
March 27, 2023 By Deere & Company (DE) manufactures & distributes various equipment worldwide. The company operates through four segments: Production & Precision Agriculture, small Agriculture & Turf, Construction & Forestry, & Financial services. The company is based in Illinois, US, comes under Industrials sector & trades as “DE” ticker at NYSE. DE showing bullish sequence on monthly chart & favors flat correction in IV before resumes higher. It placed III as at $446.76 high & exp...
- Daud Bhatti
$IYR: Is a Real Estate Crash Imminent? Should You Brace for Impact?
March 26, 2023 By Hello Traders! In today’s article, we will look at the past performance of The Real Estate ETF ($IYR) and how we saw it trading lower since . $IYR (Real Estate) Weekly Elliott Wave Analysis Sep 25th 2022: In the we expected the sell off in the sector to find a relief bounce in (B) and continue lower towards the Blue Box area. Lets take a look at the latest Elliott wave path that is unfolding. $IYR (Real Estate) Weekly Elliott Wave Analysis Mar 26th 2023: As e...
- Daud Bhatti
Technical Analysis Suggests Short-Term Ceiling for Coca-Cola Stock KO
March 26, 2023 By As one of the most recognizable beverage companies globally, Coca-Cola (NYSE: KO) is a well-known name in the stock market. Over the last two months, the stock has been range-bound, prompting investors to question whether it will break out of its sideways pattern. The lack of directional momentum has led to uncertainty regarding the stock’s future price movement. In this article, we will examine the of the stock to provide insight into the likelihood of a breakout. ...
- Daud Bhatti
Ford (F) Shares Must Lose Value To Complete A Bearish Sequence
March 26, 2023 By Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. FORD (F) Daily Chart November 2022 From the top of wave I, we can see 3 swings down ending wave ((W)) at $10.88. Then, we saw a 3 swings bounce forming an e...
- Daud Bhatti
Elliott Wave Favors More Downside in GBPJPY
March 24, 2023 By Decline from 2.28.2023 is in progress as a 5 waves impulse Elliott Wave structure. Down from 2.28 high, wave 1 ended at 160.02 and rally in wave 2 ended at 164.14. Pair resumes lower in wave 3 towards 159.19, and wave 4 ended at 160.49. Last leg lower wave 5 ended at 158.51 which completed wave (1). Wave (2) corrective rally ended at 163.34 as a . Up from wave (1), wave W ended at 162.18, and pullback in wave X ended at 158.94. Wave Y higher ended at 163.34 which com...
- Daud Bhatti
Ethereum Ended The Wave 4 Pullback At Blue Box Area
March 24, 2023 By In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Ethereum. We presented to members at the . In which, the rally from 10 March 2023 low unfolded as an structure. And showed a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Ethereum 1-Hour Ellio...
- Daud Bhatti
Elliott Wave Suggests Ethereum (ETHUSD) at the Support Zone
March 23, 2023 By Cycle from November 9, 2022 low in Ethereum (ETHUSD) is in progress as a 5 waves impulse Elliott Wave structure. Up from Nov 9, 2022 low, wave 1 ended at 1742 and wave 2 pullback ended at 1372.49 as the chart below shows. Ethereum has extended higher in wave 3 with internal subdivision as an impulse in lesser degree. Up from wave 2, wave ((i)) ended at 1489.50 and dips in wave ((ii)) ended at 1416.80. The crypto currency extended higher in wave ((iii)) towards 1784.1...
- Daud Bhatti
GBPJPY Elliott Wave Forecasting The Path
March 23, 2023 By Hello fellow traders. In this article we’re going to take a quick look at the of GBPJPY forex pair published in members area of the website. As our members know, GBPJPY Is trading within the cycle from the February 28th peak. Recently we got 3 waves recovery against 165.98 high . The pair found sellers at the extreme zone and made the turn down as expected. In the further text we are going to explain the Elliott Wave Forecast. GBPJPY Elliott Wave 1 Hour Chart ...
- Daud Bhatti
Elliott Wave Projects Zone where Russell (RTY) Rally May Fail
March 22, 2023 By Russell 2000 (RTY) ended a 3 swing corrective rally from 10.13.2022 low at 2016.90 on 2.2.2023 high. From this level, the Index declines lower with internal subdivision as a 5 waves impulse Elliott Wave structure. Down from 2.2.2023 high, wave ((i)) ended at 1906.2 and rally in wave ((ii)) ended at 1970.10. The Index resumes lower in wave ((iii)) towards 1728.5 and wave ((iv)) rally ended at 1800.8. Final leg wave ((v)) ended at 1708 which completed wave 1 in higher ...
- Daud Bhatti
HE #F: Lean Hogs Reacting Higher from Blue Box Area
March 21, 2023 By Lean Hogs is a livestock commodity within the agriculture asset class, along with live cattle, feeder cattle and pork cutouts. One can trade Lean Hogs futures at Chicago Mercantile Exchange in contracts of 40’000 pounds each under the ticker HE #F. As a matter of fact, the futures prices are widely used by U.S. pork producers as a reference for selling their hogs. Therefore, anticipation of the HE #F price development is of a high impact on the modern society. Indeed...
- Daud Bhatti
Rally in $SPX Expected to Fail According to Elliott Wave
March 21, 2023 By S&P 500 (SPX) rally from 10.13.2022 low was in 3 swing and ended wave (2) at 4194.16 as the 1 hour chart below shows. Wave (3) lower is now in progress as a 5 waves impulse Elliott Wave structure. Down from wave (2), wave ((i)) ended at 3943.08 and rally in wave ((ii)) ended at 4078.49. The Index extended lower again in wave ((iii)) towards 3842.91 and rally in wave ((iv)) ended at 3937.27. Final leg lower wave ((v)) ended at 3838.24 which completed wave 1. Wave 2 ra...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.