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IBKR Wave Forecast: Wave III Targets 86 Next, With Long-Term Bullish Aim Toward 166
IBKR advances in a powerful Wave III structure, with Fibonacci projections pointing toward 86 in the near term and a long-term target of 166 USD—while maintaining bullish validation above 8.43.

Interactive Brokers Group (NASDAQ: IBKR) continues to maintain a resilient bullish structure, supported by a clear Elliott Wave progression. The stock has recently completed a significant corrective phase and has now entered what appears to be an impulsive and potentially explosive bullish cycle. Understanding this wave structure is essential for traders looking for opportunities, especially as price action unfolds toward higher Fibonacci targets.
Wave Counts Suggest IBKR Is in a Powerful Wave III
After finishing wave (II) at the 8.43 USD level, the stock started wave (III), which represents a higher-degree impulsive phase. Wave (III) often delivers strong and extended moves, and IBKR is showing signs of that behaviour. The structure now indicates that the stock is advancing inside wave III of (III). This segment is typically the most powerful portion of the impulse. Third waves tend to show steep momentum and often exceed early price projections.
Within wave III, IBKR appears to be finishing wave ((5)). This final leg is expected to push toward 86 USD. If momentum continues to build, the move could extend above this level. A break of resistance would further validate the strength of wave III and could open the door to higher prices.

Potential Pullback and Long-Term Bullish Target

Once wave III concludes, the stock should begin wave IV. This structure usually unfolds in 3, 7, or 11 swings. A controlled pullback during this phase may offer a fresh buying opportunity. The bullish scenario remains valid as long as wave IV holds above 8.43 USD.
The long-term Fibonacci projection for wave V of (III) sits near 166 USD. This target is derived from the 1.618 Fibonacci extension of earlier impulse waves. The alignment between price structure and Fibonacci measurements supports the higher target. If price follows the expected path, IBKR could deliver significant upside in the coming months and years.
Conclusion
IBKR maintains a firm bullish outlook under the Elliott Wave framework. Wave ((5)) inside wave III is nearing its end, and a wave IV pullback may soon set up another buying opportunity. The key level to watch remains 8.43 USD. As long as price holds above this support, IBKR could advance toward 86 USD first and eventually aim for the 166 USD Fibonacci target. The setup continues to favor the bulls, supported by a clear structure and strong trend momentum.

Gold (XAUUSD) Prices Poised to Break Higher, Targeting 4358

Gold (XAUUSD) continues to exhibit a bullish sequence from the 28 October low, suggesting further upside potential. The rally from that low is unfolding as a five‑wave impulse, with wave 1 concluding at 4245.22, as reflected in the one‑hour chart. Following this, wave 2 developed into a zigzag Elliott Wave structure. From the peak of wave 1, wave ((a)) ended at 4144.97, while the subsequent rally in wave ((b)) terminated at 4211.31. The decline in wave ((c)) reached 3996.25, thereby completing wave 2 at a higher degree.

The metal has since resumed its upward trajectory in wave 3, decisively breaking above the prior wave 1 peak. This confirms that the next leg higher has commenced. From the conclusion of wave 2, wave ((i)) ended at 4132.81. The corrective pullback in wave ((ii)) finished at 4022.07, forming a double three structure. One more leg higher is anticipated to complete wave ((iii)), after which a modest pullback in wave ((iv)) should occur. The market is then expected to advance again in wave ((v)), thereby concluding wave 3.

The potential target for this advance lies within the 100% to 161.8% Fibonacci extension of wave 1, calculated at 4358–4579. In the near term, as long as the pivot at 3996.25 remains intact, any pullback should find support within a sequence of 3, 7, or 11 swings, paving the way for continued strength. This structure reinforces the bullish outlook and highlights the importance of maintaining the key pivot level to sustain momentum.

Gold (XAUUSD) 60-Minute Elliott Wave Chart From 11.28.2025

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Bloom Energy (BE) Favors Bounce Towards $120.2 Before Lower
Bloom Energy Corporation., (BE) designs, manufactures, sells & install solid-oxide fuel cell systems for on-site power generation in the United States & globally. It offers Bloom Energy Server, a power generation platform to convert different fuels like Natural gas, Biogas, Hydrogen or blended fuel into electricity through electrochemical process. It comes under Industrials sector & trades at “BE” ticker at NYSE.

BE is bullish impulse in weekly sequence. It ended wave I at $147.86 high started from February-2024 low. It favors correction in II in 7 or 11 swings. We like to buy the clear pullback in 7 or 11 swings pullback at extreme area.
In weekly, it made all time low of $2.44 in October-2019. It placed (I) at $44.95 high of February-2021 & (II) at $8.41 low of February-2024. Above there, it ended I of (III) at $147.86 high in 11.10.2025 high & favors corrective pullback in II. It placed ((1)) of I at $29.82 high, ((2)) at $15.15 low, ((3)) at $125.75 high, ((4)) at $88.23 low & finally ((5)) at $147.86 high. Within ((1)), it placed (1) at $18.14 high, (2) at $9.02 low, (3) at $28.70 high, (4) at $21.57 low & (5) at $29.82 high. Within extended ((3)), it ended (1) at $29.44 high, (2) at $24.04 low, (3) at $86.89 high, (4) at $61.37 low & (5) at $125.75 high. It ended I of (III) in 11.10.2025 high & now favors pullback in II in proposed double correction.
BE – Elliott Wave Latest Daily View:

Below I high, it placed ((W)) at $76 low in 3 swings move & favors bounce in ((X)). Within ((W)), it ended (A) at $93.87 low, (B) at $118.58 high & (C) at $76 low. Currently, it appears ended (W) of ((X)) as 3 swings at $110.84 high & favors pullback in (X) against 11.21.2025 low. Above 11.21.2025 low, it expects another leg higher towards 120.2 or higher to correct against 11.10.2025 high to end ((X)). Later, it should turn lower in ((Y)) of II. Once it ends ((X)), we can project extreme area for ((Y)). We like to buy the pullback in extreme area in ((Y)) for wave III of (III).
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Russell 2000 (IWM) Enters Correction Phase Following Impulsive Advance

The cycle from the April 2025 low in the Russell 2000 ETF (IWM) remains active. It is unfolding as a five‑wave impulse. Wave ((4)) of this sequence concluded at 228.18, as shown on the 45‑minute chart. From that level, the ETF advanced into wave ((5)). A decisive break above the prior wave ((3)) peak at 252.77, recorded on 15 October, is still required. Without that break, the risk of a double correction remains. Yet the rally from wave ((4)) has displayed impulsive traits, which favor continued upside momentum.

From wave ((4)), the initial advance in wave 1 terminated at 237.11. A modest retracement in wave 2 ended at 235.18. The ETF then nested higher into wave 3. Within this third wave, wave ((i)) completed at 240.44. The pullback in wave ((ii)) ended at 239.24. The instrument extended upward in wave ((iii)) to 245.97. A brief decline in wave ((iv)) ended at 244.77. The final leg, wave ((v)), reached 248.82, completing wave 3 of higher degree.

A corrective wave 4 followed, pulling back to 247. The ETF then rallied again in wave (5) to 248.99, which finalized wave (1). At present, a pullback in wave (2) is unfolding. This correction addresses the cycle from the 21 November low before the next upward phase resumes. In the near term, as long as the pivot at 228.18 remains intact, the expectation is for the pullback to locate support within a 3, 7, or 11 swing sequence. That support should set the stage for renewed strength.

Russell 2000 ETF (IWM) 45-Minute Elliott Wave Chart From 12.2.2025

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BITO Proshares Bitcoin ETF Warning: Why Bitcoin Isn’t Ready to Fly Yet
Bitcoin’s recent surge toward $91K has traders buzzing with excitment and some are already anticipating the start of next bullish leg, but the charts tell a different story. ProShares Bitcoin ETF (BITO) is flashing signs of weakness, with a potential retracement toward the $10.10 zone. In Elliott Wave terms, this suggests BTCUSD may still be consolidating in a corrective phase rather than gearing up for the next impulsive leg higher. Understanding these signals is critical for traders who want to avoid chasing momentum at the wrong time.

BITO Bearish Sequence Points Toward $10.10
The ProShares Bitcoin ETF (BITO) completed its cycle from the November 2022 low back in March 2024. Since peaking in March 2024, the ETF has been trending lower, carving out what appears to be an incomplete bearish sequence against the December 2024 and May 2025 highs. This structure suggests that short-term bounces are likely to fail, reinforcing the case for further downside. The key level to watch is $10.10, which represents the 100% Fibonacci extension of the first leg down from the March 2024 peak, projected lower from the December 2024 peak. In Elliott Wave terms, this aligns with a corrective sequence that has yet to fully play out. Traders should be cautious about chasing rallies here, as the broader cycle bias favors continuation lower before any sustainable reversal can take shape.

BITO’s Chart Suggests Bitcoin Correction Not Over Yet

This chart highlights how closely Bitcoin ($BTCUSD) tracked BITO (ProShares Bitcoin ETF) from the November 2022 low to the March 2024 high. While the two assets appear to diverge after March 2024, a closer inspection reveals that Bitcoin continued to follow BITO’s directional path, albeit with a different magnitude of swings. This divergence in amplitude allowed Bitcoin to extend its rally all the way to the October 2025 high, even as BITO began its corrective phase. The recent decline in Bitcoin suggests that it has now completed its cycle from the November 2022 low, and is entering a broader corrective phase. Importantly, this correction is expected to persist until BITO reaches its extreme area near $10.10—a level derived from the 100% Fibonacci extension of the first leg down from the March 2024 peak, projected from the December 2024 peak.
Bitcoin Bulls, Hold Your Horses—BITO’s Chart Has Other Plans

Solana’s Correction in Focus

SOLANA’s weekly chart shows the cryptocurrency is still unwinding the cycle that began in December 2022. As far as price stays below September 2025 peak, all signs are pointing toward further weakness with rallies likely to remain short-lived. The next extreme area lies beween $52.69–$7.79 , where buyers are expected to step back in. This downside target should align with BITO reaching its $10.10 extreme area, suggesting that major crypto instruments could bottom together before starting a new bullish phase.


The charts and path is clear: BITO, Bitcoin, and Solana are all signaling that the crypto market is still in a corrective phase, with extreme areas yet to be tested. For traders, this is not the time to chase rallies but to prepare for the opportunities that will emerge once these levels are reached. Staying patient now can make all the difference when the next impulsive cycle begins.
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Sprott Physical Silver Trust (PSLV) Surges to a New All‑Time High
Sprott Physical Silver Trust (PSLV) is a closed-end fund managed by Sprott Asset Management. It provides investors with direct exposure to physical silver bullion. Unlike synthetic products, PSLV is fully backed by allocated silver bars. Below we will look at the long term Elliott Wave technical outlook of the instrument:

PSLV Weekly Elliott Wave Chart

The weekly chart indicates that PSLV established a major wave (II) low at 6.17 on August 29, 2022, which marked the beginning of a sustained impulsive rally. From that base, wave I advanced to 11.77, followed by a corrective wave II that bottomed at 9.61. The current wave III is unfolding as an impulse. Wave (1) peaked at 11.75 and pullback in wave (2) retraced to 9.97. The instrument then extended sharply in wave (3) to 18.15. Afterwards, wave (4) corrected to 15.06. A final push higher in wave (5) should happen, which should complete wave ((1)) of III at the larger degree.

Once this initial sequence concludes, a corrective wave ((2)) is expected to retrace the cycle from the December 16, 2024 low, before the broader uptrend resumes. As long as the 6.17 pivot remains intact, the bias stays firmly bullish. Any pullback should provide a buying opportunity within the familiar 3, 7, or 11 swing sequences.
PSLV Video

Silver (XAGUSD) Ongoing Impulsive Rally Points Toward Higher Extension

The rally in Silver from the 28 October low continues to unfold as a five‑wave impulse, though the structure remains incomplete. From that low, wave 1 advanced to 54.39, followed by a corrective pullback in wave 2 that concluded at 48.6. The metal then resumed its upward trajectory in wave 3, which itself subdivides into another five‑wave sequence of lesser degree. From the termination of wave 2, wave ((i)) reached 53.85, while the subsequent pullback in wave ((ii)) settled at 52.86.

Momentum strengthened as wave ((iii)) extended to 58.84, before wave ((iv)) corrected modestly to 56.55. The market should now push higher in wave ((v)), thereby completing the larger wave 3. The potential termination zone for wave 3 aligns with the 100% to 161.8% Fibonacci extension of wave 1, calculated at 57.8 to 63.4. This region has already been tested, suggesting that the cycle is mature and wave 3 may be approaching completion.

Once wave 3 concludes, a corrective phase in wave 4 should emerge, retracing the cycle from the 21 November low before the broader trend resumes upward. In the near term, as long as the pivotal support at 48.64 remains intact, pullbacks should attract buyers. These retracements may unfold in sequences of three, seven, or eleven swings, providing opportunities for renewed upside participation.

Silver (XAGUSD) 60-Minute Elliott Wave Chart From 12.2.2025


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TXN Rebounds Strongly from Blue Box, Wave (3) Targets $285
TXN completed a zigzag correction from the July 2025 high, finishing right inside the blue-box support area where new buying interest emerged. The stock has since launched into a strong rally from that zone, putting buyers solidly in profit.

Texas Instruments (TXN) is a global semiconductor company known for designing and manufacturing analog and embedded processing chips. With products used in everything from industrial equipment to personal electronics, TXN plays a critical role in powering modern technology. Its consistent innovation and strong market presence make it a closely watched stock in the tech sector.
TXN completed its long-term grand supercycle wave ((II)) in October 2002, bottoming near $13. From there, the stock launched into a powerful two-decade advance as grand supercycle wave ((III)) unfolded. Wave (I) of ((III)) peaked in August 2007 at $39.6, followed by a deep wave (II) correction that pulled prices back to around $13.4 in December 2008.
The next major advance—wave (III)—began in December 2008. TXN turned decisively bullish once it broke above its March 2000 all-time high at $99.8, eventually reaching a new peak at $202.2 in October 2021. This high completed wave III of (III) of ((III)). A corrective wave IV followed, lasting until October 2023, after which the stock resumed its climb and posted a fresh high of $220.38 in November 2024.
From the November 2024 peak, TXN pulled back in a 7-swing sequence to complete wave ((2)). That correction ended in the blue-box support area, where buyers stepped back in as anticipated. The stock then rallied sharply in a clean 5-wave advance, completing wave (1) of ((3)) on July 11, 2025.
A wave (2) pullback followed: wave A bottomed on August 1, 2025, wave B peaked on August 22, 2025, and in the September 1, 2025 update, the chart highlighted expectations for wave C to continue lower.
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TXN Elliott Wave Analysis – 9/14/2025
On 14th September, I shared another updated blog showing how wave C of (2) was evolving. Thus, I marked the 165.39-138.31 as the blue box buying zone. At this zone, buyers should revive their interests.

For those who read the last blog, the plan was to buy at 165.39 and set stop at 138.3 while anticipating profits above $220.

TXN Elliott Wave Analysis – 12.03.2025 Update

As the chart above shows, wave C of (2) dropped directly into the blue-box support area and completed a full 5-wave decline. This confirmed the end of wave (2), which then produced the expected rebound. With price already reaching the initial target at 180.8, buyers should take partial profits and move the stop for the remaining position to 152.73. This locks in gains and converts the trade into a risk-free setup. Looking ahead, projections suggest wave (3) could extend toward the 253–284 area, with potential for even higher levels.

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QQQ Short Term Cycle Nearing End; Pullback Likely to Attract Buyers

The short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence.

The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13.

Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside.

Nasdaq 100 ETF (QQQ) 30-Minute Elliott Wave Chart From 12.5.2025

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QQQ : Found Buyers After Double Three Pattern
Hello traders. As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in Invesco NASDAQ ETF. Recently the ETF made a clear three-wave correction. The pull back completed as Elliott Wave Double Three pattern and made a decent rally. In this discussion, we’ll break down the Elliott Wave pattern and present targets. Let’s start by explaining the pattern.

Elliott Wave Double Three Pattern
Double three is the common pattern in the market. It’s a reliable pattern which is giving us good trading entries with clearly defined invalidation levels.
The picture below presents what Elliott Wave Double Three pattern looks like. It has (W),(X),(Y) labeling and 3,3,3 inner structure, which means all of these 3 legs are corrective sequences. Each (W) and (Y) are made of 3 swings , they’re having A,B,C structure in lower degree, or alternatively they can have W,X,Y labeling.

Now, let’s look at how this pattern appears in a real market example.
QQQ Elliott Wave 4 Hour Chart 11.18.2025
The ETF is forming a 3-wave pullback, unfolding as a Double Three pattern. At the moment, we can see incomplete sequences in both cycles: from the main peak on October 29th, labeled as wave (3) blue, and from the smaller cycle starting on November 12th, labeled as X red. Our members know that we constantly emphasize the importance of incomplete sequences, as these determine the market’s path.
The structure suggests more weakness toward the Equal Legs area at 586.28–561.62, where we are looking to re-enter as buyers. We expect at least a three-wave bounce from the Blue Box area. Once the price reaches the 50% Fibonacci retracement against the red X connector, we will make the position risk-free by moving the stop loss to breakeven and booking partial profits.
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Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

QQQ Elliott Wave 4 Hour Chart 11.26.2025

QQQ found buyers as expected at the Blue Box area, making decent bounce. While above the last low 580.31 low we count (4) blue correction completed. Wave (5 ) can be in progress toward new highs, targeting 652.32 area.
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AIZ Elliott Wave Analysis: Short Term Trade Idea Aiming $250
AIZ maintains the bullish sequence from the March 2020 low. In November, the stock broke a key resistance level and set up new opportunities for buyers from the dip targeting $250 next. This blog post explains the overall view and where buyers could find new entries.

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 at $12.52. From that low, wave (I) ended with an impulse in February 2020 at $146.21. Then, wave (II) pulled back sharply to $76.26 in March 2020. After that, wave (III) is expected to extend toward $287–$417.
Between March 2020 and April 2022, another impulse completed as wave I of (III). Next, wave II pulled back and finished in March 2023. Since the March 2023 low, a clean impulse has developed and pushed price into a new cycle high. The weekly chart from the 28 October update also highlights these sub-waves from the end of wave (II).
In that update, the weekly chart showed a completed impulse for wave ((1)) of III. Afterward, a 7-swing pullback formed wave ((2)) and found buyers in the blue box on the daily chart. With wave ((2)) complete, price extended again and broke above wave ((1)) high. As a result, wave ((3)) is now in progress and can target $330–$380 in the coming weeks or months.
AIZ Elliott Wave Analysis – Daily Chart

The latest daily chart shows a nest of (1)-(2)-1-2. Price must stay above the 29 October 2025 low to extend higher. The top of wave 1 not only broke the 1) high, but also cleared the ((1)) top. Therefore, traders should buy dips from a 3-, 7-, or 11-swing extreme, as the H4 chart indicates.

AIZ Elliott Wave Analysis – H4 Chart

On the H4 chart, price corrected wave 1 in wave 2 with a 3-swing pullback. At the blue box zone of 221.7–216.26, the stock attracted fresh buyers. Price should reach at least 225, allowing traders to take partial profits and move stops to breakeven.

Looking ahead, price may complete a 5-wave advance to form wave 3. Alternatively, it may form a 3-swing bounce below the 13 November high and then drop into a 7-swing pullback for a deeper wave 2. In both scenarios, traders must stay ready. We always prepare members for such paths. As long as the stock holds its bullish sequence, it will keep attracting buyers from the blue box area.
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BlackRock (BLK) Next Buying Opportunity Below $1,000
We previously mapped BlackRock’s (NYSE: BLK) bullish weekly path earlier this year. Today, our analysis continues with the Elliott Wave structure behind its rally from the 2022 low. This update highlights the next high-probability buying opportunity emerging for the stock.

Elliott Wave Analysis
BlackRock‘s April 2025 correction marked wave ((4)), finding support in the Blue Box area $793-$678 . The subsequent rally to new highs then completed wave ((5)). This suggests the cycle from the 2022 low is mature and likely finished.
Currently, BLK holds above the April low of $773. This does not rule out a nesting pattern, but a larger wave II correction may have already begun. Consequently, as long as price stays below the October high of $1219, the path favors another leg down next year.
This larger correction could push BLK below $1,000. The 38.2% – 50% Fibonacci retracement zone sits at $946 – $861. This area will provide a strategic, diamond-level opportunity to position for the next uptrend, with a longer-term target toward $1500.
BlackRock (BLK) Weekly Chart 12.8.2025
Conclusion

BlackRock’s larger-degree bullish cycle remains firmly intact. Therefore, investors should continue targeting buying opportunities within weekly and daily pullbacks. Utilize our Elliott Wave strategy for precise entry timing. Specifically, establish positions after a 3, 7, or 11-swing correction completes. Additionally, our proprietary Blue Box system highlights high-probability zones with pinpoint accuracy. As a result, this disciplined method gives traders the clarity and confidence to catch the next bullish leg.

McDonald’s (MCD) is lagging, will it burn out or bounce back?
McDonald’s (MCD) stock has faced short-term pressure, dropping about 2% recently, yet its fundamentals remain strong. The company continues to benefit from its global franchising model, which delivers high margins and stable cash flow. Moreover, analysts highlight that despite inflationary challenges, McDonald’s has maintained revenue growth and resilient consumer demand. Transitioning into the next quarter, investors should expect moderate volatility, as forecasts show the price fluctuating between $279 and $336 before stabilizing near $303. This range reflects both inflationary risks and the company’s ability to sustain profitability through menu innovation and operational efficiency.

Looking further ahead, Wall Street maintains a consensus “Hold” rating, with 11 analysts recommending “Buy” and 15 suggesting “Hold”. Importantly, the average price target of $324 implies a 4% upside from current levels, while long-term projections anticipate gradual growth into 2026 and beyond. Therefore, while short-term headwinds may limit sharp gains, McDonald’s remains positioned as a defensive stock in the consumer sector. Investors should watch for upcoming earnings reports and consumer spending trends, as these will likely determine whether MCD consolidates near $300 or begins a gradual climb toward its forecasted targets.
Elliott Wave Outlook: McDonald’s MCD Weekly Chart July 2025

Last time, we noticed that wave (2) unfolded with far more duration than we had expected. At first, we leaned toward a strong bullish continuation, but as the structure matured, we chose to relabel it as a leading diagonal. That adjustment came after we recognized the Dow Jones was likely approaching the end of an impulsive move that had started back in April. With that in mind, we expected McDonald’s (MCD) to rally before giving way to a pullback.

As we mapped the diagonal, we marked wave (1) at the 317.84 high, correction wave (2) at the 276.63 low, the next leg at the 326.27 high, and wave (4) at the 283.47 low. To complete the pattern, we projected wave (5) to rise above wave (3) but remain capped beneath 333.27
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Elliott Wave Outlook: McDonald’s MCD Weekly Chart December 2025

After several months, price action has remained stable without any variation. Consequently, this stability may suggest that the market is forming either a triangle or a bullish nest. We will adopt the triangle scenario, since we still believe the markets are close to completing the April cycle. If this is the case, MCD would bring a correction represented on the chart as wave ((2)).

Meanwhile, because we are still looking one further high to complete wave ((1)), we expect the market to stay above 283.63 low. This level supports our primary idea of aiming for another high around 336.36. Finally, we look for a bearish reaction from the market, which would signal that wave ((1)) may have already ended and announce the beginning of a possible correction.
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GDX Anticipates a Double Correction Within Sustained Bullish Trend

The short-term Elliott Wave outlook for the Gold Miners ETF (GDX) indicates that the cycle from the October 28, 2025 low concluded as a five-swing diagonal structure. From that pivotal low, wave ((i)) advanced to 73.06 before a corrective pullback in wave ((ii)) reached 68.20. The ETF then extended higher in wave ((iii)), achieving 79.97, while subsequent dips in wave ((iv)) found support at 72.45. The final leg, wave ((v)), advanced to 84.03, thereby completing wave 1 of a higher degree sequence as the 30 minutes chart below shows.

Following this advance, the market entered a corrective phase. Wave 2 is unfolding as a double three Elliott Wave structure, reflecting a complex consolidation. From the termination of wave 1, wave (a) declined to 81.48, while wave (b) rebounded modestly to 82.96. A further decline in wave (c) reached 79.30, completing wave ((w)) of the correction. The subsequent rally in wave ((x)) ended at 83.76, forming a zigzag pattern. Thereafter, the ETF resumed its decline in wave ((y)), which is also subdividing internally as a zigzag. From wave ((x)), wave (a) fell to 79.07, while the current wave (b) rally is expected to fail in either three, seven, or eleven swings, setting the stage for another decline in wave (c). This move should complete wave ((y)) of 2 in the larger degree.

In the near term, as long as the pivot at 71.55 remains intact, and more importantly, the October 28 low at 67.35 holds firm, dips are expected to attract buyers. These corrective swings should provide opportunities for renewed upside, reinforcing the broader bullish outlook for GDX.

Gold Miners ETF (GDX) 30-Minute Elliott Wave Chart From 12.5.2025

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GDX Elliott Wave Video:


Source: https://elliottwave-forecast.com/new...bullish-trend/

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GDX Anticipates a Double Correction Within Sustained Bullish Trend
The short-term Elliott Wave outlook for the Gold Miners ETF (GDX) indicates that the cycle from the October 28, 2025 low concluded as a five-swing diagonal structure. From that pivotal low, wave ((i)) advanced to 73.06 before a corrective pullback in wave ((ii)) reached 68.20. The ETF then extended higher in wave ((iii)), achieving 79.97, while subsequent dips in wave ((iv)) found support at 72.45. The final leg, wave ((v)), advanced to 84.03, thereby completing wave 1 of a higher degree sequence as the 30 minutes chart below shows.

Following this advance, the market entered a corrective phase. Wave 2 is unfolding as a double three Elliott Wave structure, reflecting a complex consolidation. From the termination of wave 1, wave (a) declined to 81.48, while wave (b) rebounded modestly to 82.96. A further decline in wave (c) reached 79.30, completing wave ((w)) of the correction. The subsequent rally in wave ((x)) ended at 83.76, forming a zigzag pattern. Thereafter, the ETF resumed its decline in wave ((y)), which is also subdividing internally as a zigzag. From wave ((x)), wave (a) fell to 79.07, while the current wave (b) rally is expected to fail in either three, seven, or eleven swings, setting the stage for another decline in wave (c). This move should complete wave ((y)) of 2 in the larger degree.
In the near term, as long as the pivot at 71.55 remains intact, and more importantly, the October 28 low at 67.35 holds firm, dips are expected to attract buyers. These corrective swings should provide opportunities for renewed upside, reinforcing the broader bullish outlook for GDX.
Gold Miners ETF (GDX) 30-Minute Elliott Wave Chart From 12.9.2025

GDX Elliott Wave Video:

Strong Nesting Impulse Drives Platinum (PL) Higher
Platinum (PL) has developed a strong five‑wave nesting impulse from the March 2020 low, reinforcing the view that the right side of the market remains higher. In this article, we present the latest long‑term Elliott Wave outlook.

Platinum (PL) Monthly Elliott Wave Chart

The monthly Platinum chart highlights a strong nesting impulse that began after the March 2020 low at 564.6. We have identified this low as wave ((II)) of the Grand Super Cycle. From that point, the metal resumed its advance in wave ((III)). Within this structure, wave (I) of ((III)) completed at 1348.2, followed by a corrective pullback in wave (II) that ended at 796.8. Platinum then began nesting higher within wave (III), which is expected to unfold through a sequence of fourth and fifth waves before completion. As long as price remains above 564.6, the broader outlook continues to favor further upside.

Platinum (PL) Daily Elliott Wave Chart

The daily Platinum chart indicates that the wave ((2)) pullback concluded at 843.1. From this low, the metal began nesting higher. Wave (1) completed at 1105 and the subsequent wave (2) pullback ended at 883.7. The advance continued with wave (3) reaching 1770. A corrective wave (4) followed which settled at 1481.2. In the near term, as long as price action holds above 883.7, any pullback should find support within a 3, 7, or 11-swing sequence, setting the stage for further upside.

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Zcash Elliott Wave Analysis: Equal Legs Perfection and the Start of a Massive Bull Cycle
A perfect equal-legs reaction at Wave ((Y)) sparked a 9000% surge in Zcash. This powerful move confirmed the end of Wave II and the start of a new bullish cycle. Now ZEC prepares for its next impulsive advance as the structure continues to unfold.

Zcash (ZECUSD) has recently shown one of the cleanest Elliott Wave reactions in the entire crypto market. The weekly chart highlights a textbook end to a long corrective structure, followed by a powerful bullish cycle. From the Wave II low, ZEC has already delivered a massive 9000% rally. This explosive move began at a price level that matched the equal legs extension of the previous corrective sequence. It is a perfect example of how Fibonacci symmetry can mark major turning points with high accuracy.
The decline into the 2025 low completed the large structure labeled as ((W))–((X))–((Y)). Wave ((Y)) ended exactly at the 1.0 equal legs extension of Wave ((W)). This area is a classic spot where complex corrections often finish. Because the symmetry was so precise, it signaled that the multi-year Wave II pullback had likely ended. Soon after, the market confirmed this idea. Zcash surged almost vertically, delivering a 9000% advance. This reaction shows why equal-leg measurements remain one of the most reliable tools in Elliott Wave analysis.

From the Wave II low, a new bullish cycle began. The price formed a clear impulsive sequence to the upside. We can now see Waves (1), (2), and (3) complete, with Wave (3) showing strong momentum. After that, the market started to pull back in blue wave (4). This pullback is normal in an impulse and should stay corrective. When it finishes, ZEC is expected to break higher once again to complete the fifth wave of black Wave ((1)). This next rally will likely mark the end of the first major leg of the new cycle.

Conclusion:
Once black Wave ((1)) ends, Zcash should enter another correction. This new pullback may form 3, 7, or 11 swings. It must hold above the Wave II low to keep the bullish structure intact. For long-term traders, this upcoming correction may offer a major buying chance. It could prepare the market for what may become the most hated yet most powerful bull rally in Zcash’s history.

Has IndiGo Finished Its Pullback? Wave V Rally Next?
A detailed weekly Elliott Wave analysis of IndiGo highlighting the Wave IV blue-box zone, right-side bullish outlook, and long-term upside potential.

InterGlobe Aviation Ltd (NSE: INDIGO) remains in a strong long-term uptrend. The weekly chart shows a clean Elliott Wave structure that supports this view. The stock recently completed a higher-degree Wave III near the ₹6,000 area. After this peak, the price started a Wave IV correction. This pullback is normal within a larger bullish cycle.
The long-term rally began after Wave II finished in 2020. Since then, IndiGo moved higher in a strong impulsive structure. This move created a clear five-wave advance into Wave III. The current decline is part of Wave IV and is likely forming a double correction.

Wave IV Blue Box and Trading Strategy

The chart highlights a blue box support zone between ₹4,774 and ₹5,232. This area comes from the 1.0 and 1.618 Fibonacci extensions of the internal (A)-(B)-(C) pattern. The market often reacts from such zones. Buyers may step in here to continue the main trend. At the very least, a three-swing bounce is expected. The stock may then continue lower again to complete a full ((W))-((X))-((Y)) structure inside Wave IV.
We do not recommend selling here. The Right Side Tag favors buying, not selling. It signals that the dominant direction is still up. The invalidation level sits near ₹1,487. As long as prices stay above this level, the bullish outlook remains intact.
Wave IV should end once the market completes its swings. After that, Wave V can begin. Wave V may push the stock to new all-time highs. The projected path shows a strong advance that continues the long-term growth trend of IndiGo.
Conclusion:
InterGlobe Aviation still holds a bullish structure despite the current correction. The decline into the blue box is a normal part of the Elliott Wave cycle. It also creates a long-term buying opportunity for investors who follow the dominant trend. With Wave IV close to completion, the next major rally in Wave V may offer strong upside potential.

Vertiv Holdings (VRT) Eyes New High Between $215.3 – $232.75
Vertiv Holdings Co., (VRT) is an American multinational provider of critical infrastructure & services for data centers, communication networks & commercial & industrial environments. It comes under Industrials sector & trades as “VRT” ticket for NYSE.

VRT favors bullish sequence in weekly & expects push higher against 11.21.2025 low. It favors rally between $215.3 – $232.75 area within April-2025 sequence.
VRT – Elliott Wave Latest Daily View:

In weekly, it ended (I) impulse sequence at $155.84 high in January-2025 & (II) at $53.60 low in April-2025. Above there, it favors rally in I of (III) & expect another push higher against 11.21.2025 low. Within I, it placed ((1)) at $153.50 high, ((2)) at $118.70 low, ((3)) at $202.45 high, ((4)) at $149.11 low & favors upside in ((5)). The structure is overlapping & expect final push higher to end the structure in diagonal as I, if the high comes with momentum divergence. But if it erase the divergence, it can be nesting as alternate view. Within ((1)), it placed (1) at $70.35 high, (2) at $60.67 low, (3) at $133.52 high, (4) at $119.10 low & (5) at $153.50 high.
VRT – Elliott Wave Daily View From 8.11.2025:

The ((2)) was corrected in 3 swings at 0.382 Fibonacci retracement of ((1)). Within ((3)), it ended (1) at $152.45 high, (2) at $133.85 low, (3) at $184.44 high, (4) at $162.68 low & (5) at $202.45 high as ((3)). It ended ((4)) as 3 swings pullback as 0.618 Fibonacci retracement, overlapped with ((1)). Above there, it appears ended (1) at 189.66 high & expect pullback in (2), which should hold above 11.21.2025 low to continue rally in (3). It favors rally into $215.3 – $232.75 area, which confirm above 10.30.2025 high. We like to buy the pullback in (2) in 3, 7 or 11 swings at extreme area. Better opportunity will be II correction to buy at extreme area against April-2025 low.
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American Airlines (AAL) Bullish Trend Signals Opportunity on Retracement

American Airlines (AAL) maintains a bullish sequence from the April 4 low, supporting prospects for further upside. A 100% Fibonacci extension projects a target of $16.8, reinforcing the constructive technical outlook. The short‑term cycle from the September 30 low is unfolding as a zigzag Elliott Wave structure. From that low, wave A advanced to 14.05. A corrective pullback in wave B then terminated at 12.11, as confirmed by the hourly chart. Wave C is now progressing higher in the form of an impulse Elliott Wave structure.

Within this advance, wave (i) ended at 12.65. The dip in wave (ii) found support at 12.15. Wave (iii) extended to 14.11, while the pullback in wave (iv) settled at 13.56. The stock is expected to complete wave (v) soon, which should finalize wave ((i)) of a higher degree. Afterward, a corrective phase in wave ((ii)) is anticipated. This will address the cycle from the November 18, 2025 low before the broader uptrend resumes. Near term, as long as the pivot at 12.11 remains intact, pullbacks should find support in 3, 7, or 11 swing structures. This framework continues to favor further upside potential.

American Airlines (AAL) 60-Minute Elliott Wave Chart From 12.10.2025

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AAL Elliott Wave Video:

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Source: https://elliottwave-forecast.com/new...y-retracement/
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