The Global X Uranium ETF (URA) is designed to provide investors with exposure to the uranium mining industry. It includes companies involved in uranium mining, exploration, development, and production, as well as those producing nuclear components. With significant holdings in major uranium producers like Cameco, URA offers a way to invest in the nuclear energy…
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USDCAD Moves Higher as Expected and Hits 4R Target
On December 31 2024 we called for USDCAD to make another move higher and showed our members the Elliott Wave bullish scenario. The wave count below signalled to our members that the pair would move higher during the trading week into 2025. USDCAD 1 Hour Midday Update December 31 2024 The Elliott Wave count confirmed…
Elliott Wave View: USDJPY Looking to End Wave 5
Short Term Elliott Wave view in USDJPY suggests rally from 9.16.2024 low is in progress as a 5 waves diagonal. Up from 9.16.2024 low, wave (1) ended at 156.74 and pullback in wave (2) ended at 148.64 as 1 hour chart below shows. Pair resumed rally higher in wave (3) with internal subdivision as an…
Tesla Inc. $TSLA Blue Box Area Offers A Buying Opportunity and Can Reach $515
Hello everyone! In today’s article, we’ll examine the recent performance of Tesla Inc. ($TSLA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 27, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure +…
S&P 500 ETF (SPY) Elliott Wave: Forecasting the Future Path
Hello fellow traders ! In this technical article, we’re going to take a quick look at the Elliott Wave charts of the SPY ETF , published in the members area of the website. As our members know, SPY remains overall bullish. However, currently it’s correcting the cycle from the August 504.84 low. In this article,…
APTOS (APT) Last Buying Area Before Rally Above $19
APTOS APT rallied for 5 straight Months since August 2024 and made +255% move before the recent 45% drop. We discussed in our previous October 2024 Article how the coin established an impulsive bullish structure and most importantly why the next pullback will remain supported. APTOS ended an impulsive 5 waves advance on December 2024 in wave…
American Express (AXP) Hit Target Extending in wave ((5))
American Express Company (Amex), symbol AXP, is an American multinational financial services corporation that specializes in payment cards. Headquartered in New York City, it is one of the most valuable companies in the world and one of the 30 components of the Dow Jones Industrial Average. AXP Weekly Chart April 2024 The stock has been…
Elliott Wave View: GBPUSD Short Term Remains Bearish
Short Term Elliott Wave view in GBPUSD suggests decline from 12.6.2024 high is in progress as a 5 waves impulse. Down from 12.6.2024 high, wave ((i)) ended at 1.247 and wave ((ii)) rally ended at 1.261 as the 45 minutes chart below shows. Pair has turned lower in wave ((iii)) with internal subdivision as another…
EURUSD Moves Lower as Expected and Hits 5R Target
On the last weekend of 2024 we called for EURUSD to make another move lower and showed our members the Elliott Wave bearish scenario. The wave count below signalled to our members that the pair would move lower during the trading week into 2025. EURUSD Weekend Update December 28 2024 The Elliott Wave count for…
Buyers await TonCoin at the Blue Box to Maximize Profits
TonCoin ($TONUSD) is retracing the bullish sequence that gained over 700% between June 2023 and June 2024. Where next can buyers find opportunities? Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a decentralized Layer 1 blockchain initially developed by Telegram. After Telegram ceased its involvement due to regulatory challenges, the project was taken…