Over the past several updates, as seen here and here, we have been tracking a rally to SPX 6690+/10, from which we expected a 3-5% pullback before the next rally to approximately SPX 7120 would ...
The ideal 6690+/-10 target zone was tagged on September 23 with a high of SPX 6699. The index pulled back 2% from this level and is now attempting another rally to SPX 6800+/-25, which should resolve ...
Contingent on holding above the September 1 low, a break above $123,220 will target $159-161K before we see a more significant pullback. “… BTC bottomed exactly at the 61.8% retracement of the ...
In our previous update, see here, and as shown in Figure 1 below, we found for Bitcoin (BTCUSD) by using the Elliott Wave Principle (EW) that, “… BTC bottomed exactly at the 61.8% retracement of the ...
This made us think that the corrective phase of the Elliott Wave cycle didn’t end near $250 in May, 2022, but was still under construction as an expanding flat correction. Its B-wave had just exceeded ...
Thus, although the 2% pullback was slightly shallower than expected once again, the Elliott Wave Principle led the way, keeping our readers on the right side of the market throughout. Now, everyone’s ...
Yes, I also want to receive FXStreet promotions and offers. EUR/USD remains stuck in a tight daily channel above 1.1600 on Friday. While surprisingly strong German and Eurozone PMI data lend support ...
Is $4000 a top for gold? Interestingly, this question is mostly moot because calling fiat price tops for gold is an act that can cause significant harm to amateur investors. A focus on getting more ...
Yes, I also want to receive FXStreet promotions and offers. By subscribing you agree to our Terms and conditions. EUR/USD now gathers some steam and bounces off daily lows on Thursday, reclaiming the ...
Gold surged over 50% YTD, while Ethereum's price rose nearlty 30%. ETH aims to follow the Elliott Wave structure of gold to validate the breakout. Which asset will hit $5,000 first? This analysis ...
While the U.S. stock market has been on a generational bull run, with U.S. equities trading at record highs, observers have warned that a crash could be on the horizon and are pointing to one key ...
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