Page 2 - Elliott Wave News Today

As the S&P 500 and Nasdaq 100 have once again made new all-time highs, and the Dow Jones Industrial Average has briefly broken above the 40,000 level for the first time, how should we think about further upside for our equity benchmarks?

Short Term Elliott Wave in SPX suggests that the Index ended wave (4) pullback at 4953.98. From there, it rallies higher in wave (5) as a nesting impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended at 5121.45 and dips in wave ((ii)) ended at 5013.45. The Index is nesting higher within wave ((iii)). Up from wave ((ii)), wave (i) ended at 5200.23 and pullback in wave (ii) ended at 5176.63. Wave (iii) higher is still developing.

A market analyst has outlined a scenario wherein Shiba Inu (SHIB) could potentially reach a $0.0005 projected value, supported by the imminent completion of a…

A widely followed crypto analyst is laying out his bull market price target for Bitcoin, saying BTC is beginning to mirror its previous cycle. Pseudonymous…

Short Term Elliott Wave View on EURJPY suggests the rally from 12.7.2023 low is in progress as a 5 waves. Up from 12.7.2023 low, wave 1 ended at 163.71 and pullback in wave 2 ended at 160.21. Pair extended higher in wave 3 towards 171.58. The 60 minutes time frame below shows the rally which ended wave 3. Wave 4 pullback is currently in progress with internal subdivision as a zigzag Elliott Wave structure. Down from wave 3, wave (i) ended at 170.41 and rally in wave (ii) rally ended at 171. Pair...

Short Term Elliott Wave View on Gold (XAUUSD) suggests that rally from 11.13.2023 low is unfolding as a 5 waves impulse. Up from 11.13.2023 low, wave 1 ended at 2146.79 and dips in wave 2 ended at 1973.13. The metal extended higher in wave 3 towards 2431.78. Pullback in wave 4 is unfolding in a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 2323.86 and wave (b) ended at 2417.89.

Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Oil published in members area of the website. The commodity shows bullish sequences in the cycle from the 67.75 low. Consequently we are favoring the long side and recommending members to keep buying the dips in 3,7,11 swings when get a chance. However, short term cycle from the April 12th peak shows incomplete sequences, suggesting more downside in near term. In further text we’re going to expl...

Todd Gordon breaks down the charts and fundamentals on Dell in order to find the right level to step in and buy.

Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Down from wave (3), wave ((w)) ended at 18088.03 and wave ((x)) ended at 18326.37. Wave ((y)) lower ended at 17864.69 which completed wave...

Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded flat Elliott Wave structure. Down from wave (1), wave A ended at 1.2519 and wave B ended at 1.2894. Down from there, wave C subdivided into 5 waves. Wave ((i)) ended at 1.2538 and wave ((ii)) ended at 1.2709. The 60 minutes chart below shows the move lower in wave C from wave ((ii)) high.