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Natural Gas: How Sellers Booked Profits Amid Imminent Resurgence
Hello traders. Welcome to another blog post where we discuss trade setups shared with Elliottwave_Forecast members. In this one, the spotlight will be on Natural Gas.

On the weekly chart, Natural Gas completed the third wave of a long-term bearish cycle in March 2024, forming an impulse wave that started in August 2022. As a result, from the March 2024 low, a new long-term bullish cycle began. This cycle could last for several years and may push prices well above the $10 mark. However, while an impulse sequence is expected from March 2024, traders and investors should anticipate at least a three-wave bounce. The first sub-wave — an impulse structure — started at the March 2024 low and completed at the 2025 peak.
According to Elliott Wave Theory, a three-wave correction usually follows a five-wave advance. That’s exactly what is happening now. The pullback from the March 2025 top appears corrective and should end above the March 2024 low. Therefore, our focus over the past few months has been on this corrective cycle from March 2025.
From our weekly and daily chart updates, we identified a double zigzag corrective pattern unfolding from the March 2025 high. Wave (W) ended in April 2025, and wave (X) ended in June 2025. Thus, we expect wave (Y) to extend toward 2.10–1.619 to complete the entire bearish cycle.
Wave A of (Y) ended with a five-wave structure below the April 2025 low (wave (W) low). Then, a corrective bounce followed. When that bounce began, we explained in the live trading room why we preferred to sell at the extreme for wave B of (Y). Once the bounce matured, we shared the H4 chart update on October 6, 2025.
Natural Gas Trade Setup – 10-06-2025

On 6th October, 2025, we shared the chart above. Wave B emerged higher as a simple 3-wave zigzag structure. We identify the extreme zone at 3.347-3.705 to members. In the live trading room and daily technical videos, we recommended to members to go short for a short term counter-trend trade (remember, NG is in a corrective phase).

Natural Gas Trade Setup – 10-16-2025

On October 16, 2025, we shared the chart above with members, showing a bearish reaction from the marked extreme zone. At that point, a five-wave decline was developing and nearing completion. Members in the live trading room had already taken partial profits at the first target and moved the rest of the position to breakeven. This step ensures a risk-free trade in case a strong bounce follows, as corrective markets can sometimes appear complete before extending further.

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Nikkei Futures (NKD) Reach Historic Highs, Extending Bullish Rally
The short-term Elliott Wave analysis for Nikkei Futures (NKD) indicates a robust bullish trend, with the Index recently achieving a new all-time high. The rally to 49,030 marked the completion of wave ((3)), followed by a pullback to 45,344, which concluded wave ((4)). The internal structure of wave ((4)) developed as a zigzag Elliott Wave pattern. From the peak of wave ((3)), wave (A) declined to 47,410, followed by a wave (B) rally to 47,985. The Index then extended lower in wave (C), reaching 45,344, finalizing wave ((4)) in the larger degree.

The Index has since resumed its upward trajectory in wave ((5)). From the wave ((4)) low, wave 1 advanced to 48,030, with a subsequent wave 2 pullback concluding at 46,600. The Index then surged in wave 3 to 48,390, followed by a wave 4 dip to 47,720. The final leg, wave 5, reached 48,650, completing wave (1). A corrective wave (2) followed, ending at 47,145 in a zigzag structure. The Index has now resumed its ascent within wave (3). In the near term, as long as the pivot low at 45,344 holds, expect pullbacks to attract buyers in 3, 7, or 11 swings, supporting further upside in the Nikkei Futures.
Nikkei (NKD) Latest 1-Hour Elliott Wave Chart From 10.21.2025

NKD Elliott Wave Video:

Marriott International (MAR) Elliott Wave Analysis: Strong Bullish Outlook Ahead
Marriott International Inc. (NASDAQ: MAR) shows a strong long-term bullish setup based on Elliott Wave analysis. The monthly chart indicates that the company has finished a major correction and started a new upward cycle. The structure suggests that Marriott may continue rising in the coming years as global travel demand stays strong.

The rally from the 2009 low formed a clear five-wave pattern, completing wave (I) near the 2018 high. A correction followed between 2018 and 2020, unfolding as an a–b–c structure. This drop completed wave (II) close to $46.24, which now serves as the invalidation level. As long as Marriott stays above this price, the bullish trend remains valid.

After finishing wave (II), Marriott entered a new bullish phase. The next five-wave rally completed wave I of a larger degree (III). The following small correction formed wave II, which appears shallow and controlled. Now, the stock seems to be starting wave III, which is usually the strongest part of an Elliott Wave sequence.

As the price moves higher, the right-side tag on the chart shows a bullish bias. Analysts advise trading only in the direction of the main trend. Selling against it is not recommended. Traders can look for pullbacks to find new buying opportunities instead.
Marriott benefits from a global recovery in travel and tourism. Rising demand for hotels and steady earnings growth give additional strength to its bullish Elliott Wave setup. If the current pattern holds, wave III could extend to new highs in the coming years.
Conclusion
In summary, Marriott International (NASDAQ: MAR) has a clear bullish Elliott Wave structure. The uptrend remains intact above $46.24, and traders may continue to favor long positions while the market supports the “right side” bias.

Freeport-McMoRan (FCX) Elliott Wave Analysis: Copper Giant Poised for a Powerful Long-Term Rally
Elliott Wave structure of Freeport-McMoRan (NYSE: FCX) suggests the completion of a major correction and the beginning of a new bullish cycle, supported by rising global copper demand and strong market momentum.

Freeport-McMoRan Inc. (NYSE: FCX), one of the world’s leading copper producers, continues to display a strong bullish structure in the long term. According to the Elliott Wave analysis, the stock has likely completed a major correction and started a new upward impulse within wave III.
The Long-Term Elliott Wave Structure:
The first significant rally began from the 2000 low near $3.38. It unfolded in a clear five-wave impulse, completing wave (I) at the 2008 peak. The 2008–2009 financial crisis then triggered a steep drop, forming wave (II). From there, FCX entered a strong recovery that ended around $61.34 in early 2022, marking the end of a higher-degree wave I in blue.
Following this rally, the decline from 2022 to 2025 unfolded in a corrective pattern ((A))–((B))–((C)), which bottomed near $30. This decline completed wave II in red. The strong rebound that followed suggests the beginning of wave (3) of III, often the most powerful part of an Elliott Wave sequence.

The invalidation level for this bullish structure stands at $3.52, the 2016 low where wave (II) ended. As long as FCX remains above that level, the right side of the market stays bullish. Additionally, rising global demand for copper, driven by electrification and renewable energy, supports the long-term outlook.

From an Elliott Wave perspective, wave (3) could extend to new highs and beyond the $60–$65 zone in the coming years. The stock is positioned well for potential gains if the bullish momentum continues.
Summary:
In summary, Freeport-McMoRan (FCX) maintains a strong bullish structure above $3.52. Traders and investors may continue to favor the upside as the commodity supercycle and copper demand expansion remain supportive.

S&P 500 E Mini Futures (ES) Advance in Wave 5 Rally

The short-term Elliott Wave analysis for the S&P 500 E-Mini Futures (ES) indicates the Index is currently in the final leg of wave (5), originating from the April 2025 low, before a larger three-wave correction unfolds. The decline to 6540.5 marked the completion of wave (4), followed by an upward turn in wave (5), structured as an impulse Elliott Wave pattern. From the wave (4) low, wave ((i)) concluded at 6718.5, with a subsequent pullback in wave ((ii)) ending at 6593.25. The rally in wave ((iii)) peaked at 6722.5, followed by a dip in wave ((iv)) to 6666. The final wave ((v)) reached 6766.75, completing wave 1 in a higher degree.

The ensuing wave 2 correction developed as a double three Elliott Wave structure. From the wave 1 peak, wave ((w)) declined to 6651.5, followed by a wave ((x)) rally to 6750.5. The final wave ((y)) dropped to 6571.25, concluding wave 2. The Index has since resumed its upward trajectory in wave 3. In the near term, wave ((i)) of 3 is expected to conclude soon, followed by a corrective wave ((ii)) to retrace the cycle from the October 17 low before continuing higher. As long as the pivot at 6540.5 remains intact, expect pullbacks to find support in a 3, 7, or 11 swing, setting the stage for further gains.

S&P 500 E-Mini Futures (ES) Latest 1-Hour Elliott Wave Chart From 10.22.2025

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ES Elliott Wave Video:

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Source: https://elliottwave-forecast.com/new...-wave-5-rally/
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SPDR Financial Sector $XLF Blue Box Area Offers A Buying Opportunity
Hello everyone! In today’s article, we’ll examine the recent performance of SPDR Financial Sector ($XLF) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this ETF.
5 Wave Impulse + 7 Swing WXY correction

$XLF 4H Elliott Wave Chart 10.16.2025:
In the 4-hour Elliott Wave count from Oct 16, 2025, we saw that $XLF completed a 5-wave impulsive cycle at blue (3). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $50.98 and $49.25.
This setup aligns with a typical Elliott Wave correction pattern (WXY), in which the market pauses briefly before resuming its primary trend.
$XLF 4H Elliott Wave Chart 10.20.2025:

The latest 4H update shows that the ETF bounced as predicted allow longs to get risk free. Currently, it is trading higher in wave 1 of (5) and looking for a pullback in wave 2 before higher again. A break above 54.51 will open the next leg higher and negate any lower prices.
Conclusion
In conclusion, our Elliott Wave analysis of Financial Select Sector ($XLF) suggests that it remains supported against October 2025 lows. As a result, traders should buy the dips and monitor the $55–$56 zone as the next potential target. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets.
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S&P 500 E Mini Futures (ES) Advance in Wave 5 Rally
The short-term Elliott Wave analysis for the S&P 500 E-Mini Futures (ES) indicates the Index is currently in the final leg of wave (5), originating from the April 2025 low, before a larger three-wave correction unfolds. The decline to 6540.5 marked the completion of wave (4), followed by an upward turn in wave (5), structured as an impulse Elliott Wave pattern. From the wave (4) low, wave ((i)) concluded at 6718.5, with a subsequent pullback in wave ((ii)) ending at 6593.25. The rally in wave ((iii)) peaked at 6722.5, followed by a dip in wave ((iv)) to 6666. The final wave ((v)) reached 6766.75, completing wave 1 in a higher degree.


The ensuing wave 2 correction developed as a double three Elliott Wave structure. From the wave 1 peak, wave ((w)) declined to 6651.5, followed by a wave ((x)) rally to 6750.5. The final wave ((y)) dropped to 6571.25, concluding wave 2. The Index has since resumed its upward trajectory in wave 3. In the near term, wave ((i)) of 3 is expected to conclude soon, followed by a corrective wave ((ii)) to retrace the cycle from the October 17 low before continuing higher. As long as the pivot at 6540.5 remains intact, expect pullbacks to find support in a 3, 7, or 11 swing, setting the stage for further gains.
S&P 500 E-Mini Futures (ES) Latest 1-Hour Elliott Wave Chart From 10.22.2025


ES Elliott Wave Video:

DAX Extends Gains in Five Wave Diagonal Formation

The short-term Elliott Wave analysis for the DAX Index indicates it is nearing the completion of a cycle from its April 2025 low, unfolding as wave (5). From the June 19 low, wave (5) has developed as an ending diagonal Elliott Wave structure. The rally from this low saw wave 1 peak at 24639.1, followed by a wave 2 pullback concluding at 23284.67. The Index then advanced in wave 3, structured as a five-wave impulse. From the wave 2 low, wave ((i)) reached 23785.24, with a corrective dip in wave ((ii)) at 23383.84. The subsequent wave ((iii)) climbed to 24524.11, followed by a wave ((iv)) retracement to 24269.94. The final wave ((v)) culminated at 24771.34, completing wave 3.

Wave 4 unfolded as a double zigzag structure. From the wave 3 high, wave ((w)) declined to 23986.93, wave ((x)) rebounded to 24339.27, and wave ((y)) fell to 23682.73, finalizing wave 4. The Index has since turned upward in wave 5. From the wave 4 low, wave ((i)) reached 24384.24. A wave ((ii)) pullback is expected to correct the cycle from the October 17 low before the Index resumes its ascent. As long as the pivot at 23682.73 holds, pullbacks should attract buyers in a 3, 7, or 11 swing, supporting further upside in the near term.

DAX Latest 1-Hour Elliott Wave Chart From 10.23.2025

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DAX Elliott Wave Video:


Source: https://elliottwave-forecast.com/new...nal-formation/
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Nasdaq Futures (NQ) Targeting Wave (5) Upside Within Cycle Wave from April 2025 Low

Nasdaq Futures (NQ) advances steadily toward completing the cycle that originated at the April 7, 2025 low. The index targets a fresh all-time high. This rally develops as a textbook impulsive structure. Wave (3) culminated at 25,275. Wave (4) then corrected lower and finished at 24,166.26. The 1-hour chart captures this progression clearly.
The internal structure of wave (4) took the form of an expanded flat. Wave A ended at 24,984.75. The Index then rallied in Wave B to 25,394. Wave C completed the pattern with a decline to 24,166.26. Wave (5) now drives the index higher. From the wave (4) low, wave 1 rose to 25,179.5 and formed a leading diagonal. Wave 2 pulled back to 24,410. The advance then nested with wave ((i)) peaking at 25,368 and wave ((ii)) finding support at 24,804.75. This nesting confirms the underlying bullish trend.
Provided prices hold above 24,166.26, any near-term dip should attract buyers at the 3, 7, or 11 swing levels, aligning with structural support zones. Upside momentum remains intact. The minimum target extends from the October 21, 2025 high. An inverse Fibonacci retracement of 123.6% to 161.8% yields a range of 25,490 to 25,701, consistent with classic wave extensions.

Nasdaq Futures (NQ) Latest 1-Hour Elliott Wave Chart From 10.24.2025

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NQ Elliott Wave Video:

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Source: https://elliottwave-forecast.com/new...pril-2025-low/
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Nasdaq Futures (NQ) Targeting Wave (5) Upside Within Cycle Wave from April 2025 Low
Nasdaq Futures (NQ) advances steadily toward completing the cycle that originated at the April 7, 2025 low. The index targets a fresh all-time high. This rally develops as a textbook impulsive structure. Wave (3) culminated at 25,275. Wave (4) then corrected lower and finished at 24,166.26. The 1-hour chart captures this progression clearly.

The internal structure of wave (4) took the form of an expanded flat. Wave A ended at 24,984.75. The Index then rallied in Wave B to 25,394. Wave C completed the pattern with a decline to 24,166.26. Wave (5) now drives the index higher. From the wave (4) low, wave 1 rose to 25,179.5 and formed a leading diagonal. Wave 2 pulled back to 24,410. The advance then nested with wave ((i)) peaking at 25,368 and wave ((ii)) finding support at 24,804.75. This nesting confirms the underlying bullish trend.
Provided prices hold above 24,166.26, any near-term dip should attract buyers at the 3, 7, or 11 swing levels, aligning with structural support zones. Upside momentum remains intact. The minimum target extends from the October 21, 2025 high. An inverse Fibonacci retracement of 123.6% to 161.8% yields a range of 25,490 to 25,701, consistent with classic wave extensions.
Nasdaq Futures (NQ) Latest 1-Hour Elliott Wave Chart From 10.24.2025
NQ Elliott Wave Video:

Cameco (CCJ) – Impulse Structure Unfolding from April 2025 Base
Cameco Corporation (CCJ), a leading global producer of uranium, plays a pivotal role in the nuclear energy supply chain, mining and refining uranium. Headquartered in Canada, the company benefits from long-term contracts and a strong position in an industry poised for growth amid rising demand for clean, reliable energy. We will look at the long term Elliott Wave path in this blog.

Cameco ($CCJ) Monthly Elliott Wave Chart

The monthly Elliott Wave chart for Cameco (CCJ) reveals that the stock completed a major long-term correction, labeled wave (II), at a low of $5.17. From this base, Cameco has initiated a new bullish cycle with substantial upside potential in the coming years. The stock is currently advancing in wave (III). From the wave (II) low, wave I peaked at $62.55. Wave II pullback followed to $35 in April 2025. The stock has since nested higher into wave III. Another leg up is expected to complete wave ((1)) of III. A subsequent pullback in wave ((2)) should follow before the uptrend resumes.
$CCJ Daily Elliott Wave Chart

The daily Elliott Wave analysis of Cameco (CCJ) indicates that the cycle from the April 2025 low continues to unfold as a five-wave impulse. From that low, wave (1) completed at 80.32, followed by a wave (2) pullback that ended at 68.96. The stock then advanced in wave (3) to 97.79, with wave (4) dips concluding at 80.53. Wave (5) is expected to extend higher, completing wave ((1)) and the overall cycle from the April 2025 low. Subsequently, a wave ((2)) correction should pull back to adjust this cycle before the uptrend resumes. In the near term, as long as the pivot at 35.72 remains intact, any pullbacks should find support at the 3-, 7-, or 11-swing levels, setting the stage for further upside.
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PLTR Last Leg? Why Palantir Could Be Approaching a Critical Correction
Palantir Technologies Inc. (PLTR) continues to dominate the AI-driven data analytics space, recently surging over 130% year-to-date to trade near $184.63. Investors have responded enthusiastically to its expanding government contracts, including a $10 billion U.S. Army deal and a £1.5 billion defense partnership with the U.K. These wins have propelled Palantir’s Q2 earnings past expectations, with $1 billion in revenue and 16 cents EPS. As a result, the company raised its full-year guidance. However, its valuation raises concerns: with a forward P/E ratio above 200, Palantir must deliver sustained earnings growth to justify its premium. Analysts remain divided, issuing a consensus “Hold” rating and setting price targets that range widely from $45 to $215—highlighting both upside potential and valuation risk.

Meanwhile, Palantir continues to expand its commercial reach. It recently partnered with Snowflake to enhance enterprise AI capabilities, further embedding its platforms Foundry, Gotham, Apollo, and AIP into public and private sector operations. This strategic move strengthens its scalability and adoption. Nevertheless, some analysts caution that the stock may be overheated, trading at 277 times forward earnings. If growth expectations falter, Palantir could face downward pressure. Competitors like AMD and ASML are closing in on its market cap and may attract investor attention if Palantir’s valuation proves unsustainable. Ultimately, PLTR offers long-term exposure to the booming AI and big data sectors, but investors should remain vigilant as the market recalibrates.
Elliott Wave Outlook: PLTR Daily Chart Analysis June 02, 2025

In June, Palantir’s stock plunged to $80.00 and then corrected in a clear three-wave pattern. This decline aligned with the 50% Fibonacci retracement of wave (III), effectively retesting the previous wave IV price zone. From that level, the stock rallied decisively, breaking above the wave (III) high and confirming the completion of wave (IV). Elliott Wave analysis at the time indicated the formation of a new impulse structure—likely wave (V). Wave I of (V) peaked at $125.26, followed by a wave II pullback to $105.32. This setup suggested that Palantir had entered wave ((3)) of III, with bullish momentum building.

As the impulse continued to unfold, we projected further upside toward the $139.86–$162.75 range, where wave III might conclude. If the price failed to show a downward reaction at those levels, wave III would room to extend even higher. This technical structure pointed to a strong bullish cycle, reinforcing Palantir’s positioning for continued gains in the evolving AI and data analytics landscape. Given the setup, the recommended strategy was to buy dips and ride the momentum.
Elliott Wave Outlook: PLTR Daily Chart Analysis October 26, 2025

In this latest update, we can see that the market extends in wave (V), showing continued bullish momentum. Wave III pushes up to $190.00 before sharply pulling back to $142.34, marking wave IV. Although the price rallies from that low, it does not break above the wave III high. Therefore, we anticipate more upside to complete wave V of (V). This structure suggests that wave V is likely to extend, and we expect the price to move higher as the impulse unfolds.

Currently, the market is targeting the $201.49–$219.79 zone, where a bearish reaction could signal the completion of wave V. If no reaction occurs, prices may continue climbing to even higher levels. Should a correction begin, it would likely revisit the $142.34 level at minimum, with a possible retracement toward $100 per share. However, this remains speculative. For now, the best approach is to wait for price action to reach the proposed zone and monitor the reaction closely.
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Dell Technologies Elliott Wave Analysis: Wave IV Completion Signals Start of a New Bullish Cycle
After completing a three-leg correction within the blue box and breaking out of the red channel, Dell Technologies (NYSE: DELL) resumes its next impulsive bullish phase.

Dell Technologies (NYSE: DELL) shows a strong Elliott Wave structure on the weekly chart, suggesting that a long-term uptrend is in progress. The larger count reveals that the stock completed a major wave III peak and then entered a wave IV correction before turning higher again.
From the wave II low, Dell formed a clean five-wave advance —labeled ((1)), ((2)), ((3)), ((4)), and ((5))—to finish wave III. After this top, the stock began a complex correction marked as wave IV, unfolding as a double three pattern ((W))-((X))-((Y)). This decline stayed within the red descending channel, showing textbook Elliott Wave behavior.

Wave IV Correction and Blue Box Reaction:

Inside wave IV, each segment developed three legs, creating symmetry between waves ((W)) and ((Y)). The final move down reached the blue box support zone between $71.42 and $45.61. This 100%–161.8% Fibonacci extension area often acts as a high-probability reversal region in Elliott Wave analysis.
As Dell touched this zone, the price respected the lower edge of the red channel and bounced strongly, confirming the end of wave IV. The reaction from the blue box produced a sharp and impulsive rally, forming a new five-wave sequence within wave V.
Current Outlook:
At present, Dell is nearing completion of wave ((1)) likley with one last push higher following a short-term pullback within wave ((2)). As long as the stock stays above the invalidation level at $66.34, the bullish outlook remains intact. Analysts at Elliott Wave Forecast maintain a “We Do Not Recommend Selling” stance, expecting further gains once the pullback ends.
In short, Dell’s clear three-leg correction, its respect for the red channel, and the powerful breakout from the blue box all signal that a new bullish cycle has started.

S&P 500 ETF (SPY) Advances with Nested Structure in Wave (5)

The short-term Elliott Wave analysis for the S&P 500 ETF (SPY) indicates an ongoing bullish cycle that began at the April 2025 low, unfolding as a five-wave impulse structure. As shown in the 30-minute chart, wave (4) of this impulse concluded at 646.17. The final leg, wave (5), is currently underway, characterized by an internal five-wave structure with nested subdivisions. From wave (4), wave ((i)) peaked at 665.13, followed by a pullback in wave ((ii)) to 653.17. Wave ((iii)) then advanced to 665.83, with a subsequent dip in wave ((iv)) to 660.28. The final wave ((v)) reached 670.23, completing wave 1 on a higher degree.

Subsequently, the ETF corrected in wave 2, forming a zigzag Elliott Wave pattern that bottomed at 651.41. From wave 1’s peak, wave ((a)) declined to 658.93, followed by a rally in wave ((b)) to 668.71. Wave ((c)) then dropped to 651.41, finalizing wave 2. The ETF has since resumed its upward trajectory in wave 3. From wave 2’s low, wave ((i)) climbed to 672.99, and wave ((ii)) dipped to 663.30. In the near term, anticipate a pullback finding support in a 3, 7, or 11 swing against 646.17, setting the stage for further upside. This analysis suggests continued bullish momentum with well-defined support levels guiding the next moves.

S&P 500 ETF (SPY) Latest 30-Minutes Elliott Wave Chart From 10.28.2025

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SPY Elliott Wave Video:

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Source: https://elliottwave-forecast.com/new...ucture-wave-5/
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GOLD (XAUUSD) Elliott Wave: Incomplete Sequences Suggest the Path
Hello fellow traders. In this technical article, we are going to present Elliott Wave charts of GOLD (XAUUSD). In the following sections, we’ll break down the Elliott Wave structure in detail and explain the forecast and present the target levels.

GOLD Elliott Wave 1 Hour Chart 10.28.2025
GOLD has broken the previous low at 4012.3, marked as A red on the chart. This break has made the swing sequences from the 4382.5 peak incomplete, confirming further downside extension. The commodity is potentially forming an Elliott Wave Zigzag pattern, due to the fact that the first leg shows a 5-wave structure. As long as the price holds below the 4163.8 peak, we can continue to expect lower prices within the C red leg, targeting the 3927–3865 area next
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GOLD Elliott Wave 1 Hour Chart 10.28.2025

GOLD continued trading lower as expected. The first target area at 3927–3865 has been reached. The main target comes around the 3785 area, where we would like to be buyers again if it gets reached.
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GOOGL Breaks Out: New Highs from Blue Box Precision
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Google ticker symbol: GOOGL. We presented to members at the elliottwave-forecast. In which, the rally from 10 October 2025 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the stock & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

GOOGL 1-Hour Elliott Wave Chart From 10.22.2025

Here’s the 1-hour Elliott wave chart from the 10.22.2025 Midday update. In which, the cycle from the 10 October 2025 low ended in wave ((1)) at $256.96 high. Down from there, the stock made a pullback in a flat correction & ended flat correction at $244.15 low. Up from there, the stock made a new high in wave (1) at $259.50 high & showed a higher sequence. Below from there, the stock made a pullback in wave (2) towards the blue box area at $250.42- $246.44 area. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

GOOGL Latest 1-Hour Elliott Wave Chart From 10.27.2025

This is the latest 1-hour Elliott wave Chart from the 10.27.2025 Post-Market update. In which the Google is showing a reaction higher taking place, right after ending the zigzag correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. Since then the stock made a new highs once again confirming the next leg higher towards $273.51- $282.58 target area before profit taking & next pullback takes place.

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Alnylam Pharmaceuticals (ALNY) Extending Rally In Final Stage From April-2025 Low
Alnylam Pharmaceuticals Inc., (ALNY) discovers, develops & commercializes therapeutics based on ribonucleic acid interference. It comes under Healthcare – Biotech sector & trades as “ALNY” ticker at Nasdaq.

As discussed in the last article, ALNY ended (4) pullback at $442.51 low & resume higher in (5). It favors rally in (5) towards $494.95 – $511.13 area as minimum extension to extend April cycle. It already reached the minimum level expected in last article, so chasing rally is risky now. But we like to buy the next correction in ((4)) at extreme area, when reach against April-2025 low.
ALNY – Elliott Wave Latest Weekly View:

It ended ((I)) at $140 high since inception in June-2025 & ((II)) pullback at $31.38 low in October-2016. Above there, it is showing nest as the part of (III) of ((III)). It placed (I) of ((III)) at $153.99 high in March-2018 & (II) at $60.27 low in December-2018. Within (III), it placed I at $242.97 high in December-2022 as diagonal & II at $141.97 low in April-2024. It ended ((1)) at $212 high, ((2)) at $117.58 low, ((3)) at $236.80 high, ((4)) at $181.65 low & ((5)) at $242.97 high. It corrected II in zigzag correction ended at 0.50 Fibonacci retracement of I.
ALNY – Elliott Wave View From 9.08.2025:

Above April-2024 low of II, it placed ((1)) of III at $304.39 high & ((2)) at $205.87 low on 4.07.2025 low. Currently, it favors rally in ((3)) of III & reached 1.618 Fib extension of ((1)). Yet, it expects small upside to finish it before correcting next in ((4)). Within ((3)), it placed (1) at $333.70 high, (2) at $309.57 low, (3) at $469.81 high, (4) at $442.51 low & favors rally in (5). It expects rally in (5) towards $494.95 – $511.13 area to finish ((3)) before correcting in ((4)). If it breaks above $511.13, then it can extend up to $570.76 to finish ((3)). Chasing longs can be risky now. But we like to buy the next correction in ((4)) in 3, 7 or 11 swings against 4.07.2025 low.
ALNY is not the part of regular service at EWF. But we provide time to time updates on instrument under blog section. Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try our services for 14 days at $0.99. Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.

S&P 500 ETF (SPY) Advances with Nested Structure in Wave (5)
The short-term Elliott Wave analysis for the S&P 500 ETF (SPY) indicates an ongoing bullish cycle that began at the April 2025 low, unfolding as a five-wave impulse structure. As shown in the 30-minute chart, wave (4) of this impulse concluded at 646.17. The final leg, wave (5), is currently underway, characterized by an internal five-wave structure with nested subdivisions. From wave (4), wave ((i)) peaked at 665.13, followed by a pullback in wave ((ii)) to 653.17. Wave ((iii)) then advanced to 665.83, with a subsequent dip in wave ((iv)) to 660.28. The final wave ((v)) reached 670.23, completing wave 1 on a higher degree.

Subsequently, the ETF corrected in wave 2, forming a zigzag Elliott Wave pattern that bottomed at 651.41. From wave 1’s peak, wave ((a)) declined to 658.93, followed by a rally in wave ((b)) to 668.71. Wave ((c)) then dropped to 651.41, finalizing wave 2. The ETF has since resumed its upward trajectory in wave 3. From wave 2’s low, wave ((i)) climbed to 672.99, and wave ((ii)) dipped to 663.30. In the near term, anticipate a pullback finding support in a 3, 7, or 11 swing against 646.17, setting the stage for further upside. This analysis suggests continued bullish momentum with well-defined support levels guiding the next moves.
S&P 500 ETF (SPY) Latest 30-Minutes Elliott Wave Chart From 10.27.2025

SPY Elliott Wave Video:

AIZ’s 17-Year Bullish Cycle Attract Buyers From Blue Box
Assurant Inc. AIZ has maintained a bullish cycle since November 2008, characterized by higher highs and lows. In such a price action sequence, traders should look to buy dips. This post will analyze the current price position within the trend and potential higher targets for traders.

Assurant Inc. (NYSE: AIZ) is a leading global provider of risk management and insurance solutions, serving the housing and lifestyle markets. Headquartered in Atlanta, it operates across Global Housing and Global Lifestyle segments, offering products such as mobile device protection, vehicle service contracts, and renters insurance. With operations in over 20 countries, Assurant partners with major financial institutions and retailers, leveraging data-driven innovation to deliver consistent growth and strong shareholder value.
The all-time bullish cycle for AIZ began in November 2008, when the stock traded at $12.52. From that low, an impulse wave completed for wave (I) at the peak in February 2020 ($146.21). The subsequent wave (II) pullback swiftly reached $76.26 in March 2020. Wave (III) is projected to extend to $287-$417. Between March 2020 and April 2022, another impulse cycle completed for wave I of (III), followed by a pullback for wave II, which concluded in March 2023. Since the low in March 2023, a clear impulse structure has emerged, breaking into a new high for the cycle. The weekly chart below illustrates the sub-waves from the end of wave (II).
AIZ Elliott Wave Analysis – Weekly Chart updated on 28th October 2025

The weekly chart above shows a clear impulse structure completed for wave ((1)) of III. Following this, a 7-swing pullback occurred for wave ((2)), attracting buyers, as seen in the blue box of the daily chart below. With wave ((2)) completed, we should look for higher prices for wave ((3)), targeting at least $300-330. However, alternatively, wave ((2)) could extend deeper into a 15-swing structure if the wave ((1)) high is not breached.

AIZ Elliott Wave Analysis – Daily Chart updated on 28th October 2025

The daily chart above demonstrates how the 7-swing pullback concluded within the blue box, drawing in buyers. The bullish trend remains intact, presenting ample opportunities for buyers to capitalize on pullback extremes. Following the completion of wave ((2)), a 5-wave diagonal concluded for (1). A subsequent pullback for (2) could extend further before potentially breaking to a new high. Traders should either anticipate a new high and then purchase the subsequent dip, or buy if wave ((2)) deepens into a 15-swing structure.

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NVDA Climbs to Record Levels as Elliott Wave (5) Unfolds

Nvidia (NVDA) continues its impulsive cycle from the April 2025 low, manifesting a clear five-wave advance. The stock now progresses through the terminal wave ((5)), which subdivides into a nested five-wave structure of lesser degree. The advance originated at the wave ((4)) low of $164.07, where wave (1) rallied to $195.62. A subsequent correction in wave (2) concluded at $176.18, as evidenced by the 30-minute chart. From this point, wave (3) resumed the upward trajectory.

Within wave (3), wave 1 terminated at $185.20, followed by a retracement in wave 2 to $176.76. The rally then accelerated in wave 3. From the wave 2 low, wave ((i)) completed at $195.47, and wave ((ii)) found support at $191.91. The structure projects further extension in wave ((iii)), followed by a consolidation in wave ((iv)) before the final push in wave ((v)) of 3. This internal progression supports a series of higher highs, continuing until wave (5) of ((5)) reaches completion and concludes the cycle from April 2025.

Near-term support remains firmly established at the $176.18 pivot low. As long as this level holds, any corrective dips—typically unfolding in three, seven, or eleven swings—should attract buyers and set the stage for additional upside. The overall impulsive framework remains intact, with bullish momentum driving the advance in accordance with Elliott Wave principles.

Nvidia (NVDA) Latest 30-Minutes Elliott Wave Chart From 10.27.2025

Attached Image (click to enlarge)

NVDA Elliott Wave Video:
https://youtu.be/VtR09VLKz_Q

Source: https://elliottwave-forecast.com/new...ave-5-unfolds/
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