Short term, SPX favors upside in wave ((iii)) of 3 started from 4048.28 low of 5.04.2023 and expect to remain supported in pullback. It is nesting as the part of impulse Elliott wave structure and favors further upside. It placed 2 of (3) at 3838.24 low and ((i)) of 3 at 4186.92 high. Within wave […]

GDXJ ETF, also known as the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap companies involved in the gold mining industry. The ETF is designed to provide investors with exposure to junior gold mining companies. Typically these companies are smaller in size and are involved in the […]

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of SPY. We presented to members at the elliottwave-forecast. In which, the rally from 24 May 2023 low unfolded as an impulse structure. And showed a higher high sequence favored more upside extension to take place. Therefore, we advised members not […]

PulteGroup, Inc. (NYSE: PHM), a leading homebuilder in the United States, has been at the forefront of the booming real estate market. With a strong track record and a solid reputation, PulteGroup has positioned itself as a key player in the industry. In this article, we will delve into the bullish case for PHM, exploring […]