With an impulse pattern that lasted two-plus years, the subsequent corrective wave could last the rest of calendar year 2025 and possibly longer driving SP500 to even lower levels below 5,119.

If indeed that 2009-2025 impulse pattern is completed, then deeper cuts are possible down to 2,600-3,500 (see yellow box on the image above). This price zone is guarded by the wave (4) low and the ...

Key Takeaways WLD broke out of a long-term falling wedge pattern. A five-wave impulse is forming on a 1-hour time frame.

First things first: who invented this technique? It wasn’t the main character of Mr. Robot but Ralph Nelson Elliott, an American accountant who worked in Central America in the 1920s. While he ...

The Elliott Wave analysis for the VanEck Gold Miners ETF (GDX) shows a strong bullish trend since December 30, 2024. This rally forms a “nesting impulse” pattern with smaller waves building into an ...