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VanEck Gold Miners ETF $GDX Extreme Area Offers A Buying Opportunity
Hello everyone! In today’s article, we’ll examine the recent performance of VanEck Gold Miners ETF ($GDX) through the lens of Elliott Wave Theory. We’ll review how the rally from the Nov 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

$GDX 1H Elliott Wave Chart 12.09.2025:
In the 1-hour Elliott Wave count from Dec 09, 2025, we saw that $GDX completed a 5-wave impulsive cycle at red 1. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the blue box equal legs area between $78.77 and $75.68.
This setup aligns with a typical Elliott Wave correction pattern (WXY), in which the market pauses briefly before resuming its primary trend.
$GDX 1H Elliott Wave Chart 12.12.2025:
The update, few days later, from Dec 12, 2025, shows that the ETF bounced and made new highs as expected. Currently, it is looking for support against 12/09 low and higher in wave 3. Longs should be risk free and looking for $96-100 area as the next possible target.
Conclusion
In conclusion, our Elliott Wave analysis of VanEck Gold Miners ETF ($GDX) suggests that it remains supported against Dec 2025 lows. As a result, traders should 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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SPX Pullback Completed, Ready for the Next Leg Higher?
SPX completes wave ((ii)) correction at Fibonacci support and begins the next bullish sequence

S&P 500 Index ticker symbol: SPX has completed its corrective pullback and is now turning higher. The broader bullish structure remains intact. Price respected key support and confirmed the correction as complete. After finishing wave ((i)) at the last high, SPX moved lower in wave ((ii)). This decline unfolded as a clear A-B-C correction. Wave (a) initiated the pullback, followed by Wave (b) which created a temporary bounce. Wave (c) then drove prices lower into the Fibonacci extension zone, ultimately ending near the 1.618 projection around 6693. This area also aligns with the blue box support on the chart.
Price stabilized near the lows and began to turn higher. This reaction signals that wave ((ii)) has already finished. From that low, SPX is now starting a new bullish sequence in black wave ((iii)). Within this, the first advance represents wave (i) followed by a shallow pullback as wave (ii). As long as price stays above the 6519.34 invalidation level, the index should continue higher in wave (iii) targeting 100%-161.8% fib. extension area of wave (i) which would be a price range of 6854-6914. At this stage, we do not recommend selling. The risk-to-reward favors the upside. Any dips are expected to remain corrective and find support.
Overall, the Elliott Wave structure supports further upside. SPX appears ready to resume its broader bullish trend.

Elliott Wave Video

CADJPY Elliott Wave: Blue Box Buy Setup Explained
Hello fellow traders,

As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in CADJPY. The forex pair completed this correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we will delve into the specifics of the Elliott Wave pattern observed , discuss the trading setup.
CADJPY Elliott Wave 1 Hour Chart 12.15.2025
The current view suggests that CADJPY is forming a 3 waves correction in wave (iv) blue . The price action shows an incomplete structure from the peak. We anticipate an extension toward the extreme zone at 112.497-111.910, marked as a Blue Box. At that zone we are looking to re-enter as buyers.
We recommend members to avoid selling the pair. As the main trend remains bullish, we anticipate at least a 3-wave bounce from this Blue Box area. Once the price touches the 50 fibs against the b red connector, we’ll make positions risk-free and set the stop loss at breakeven and book partial profits. On other hand, breaking below the 1.618 Fibonacci extension level at 111.91 would invalidate the trade.
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.
Quick reminder on how to trade our charts :
Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable.

CADJPY Elliott Wave 1 Hour Chart 12.19.2025

CADJPY has made extension down toward Blue Box (112.497-111.910) and found buyers as expected. The pair made strong rally from the Buying Zone, reaching new highs. Consequently, any long positions from the Blue Box should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits. We count correction completed at 112.245 low.
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AUDJPY Elliott Wave: Buying the Dips in a Blue Box
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 AUDJPY. The pair has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave forecast, explain the trading setup in detail, and provide the upside target.

AUDJPY Elliott Wave 1 Hour Chart 12.15.2025
AUDJPY is forming a 3 waves pullback against the 101.521 low. The price structure looks incomplete at the moment. We believe the correction is still in progress and expect another leg lower toward the 102.824-102.072 area , where we are looking to re-enter as buyers. We recommend that members avoid selling AUDJPY. The pair is expected to make at least a three-wave bounce from the Blue Box area. Once the price reaches the 50% Fibonacci retracement against the black (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.



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AUDJPY Elliott Wave 1 Hour Chart 12.19.2025
The pair has made extension toward our buying zone- Blue Box area. AUDJPY found buyers as expected, making decent reaction. The rally from from the buying zone has exceeded 50 fibs against the (b) blue connector. Consequently, any long positions from the Blue Box should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits. While price holds above 102.312, we consider the wave ((iv)) correction complete and see potential for wave ((v)) to be in progress toward new highs. The pair is targeting 104.86-105.64 area next.
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Gold Wave 5 Extends Higher After Wave 4 Pullback
Gold resumes its bullish trend from the 4258 low as wave ((iii)) unfolds within wave 5.
XAUUSD has turned higher after completing the pullback in wave 4 at 4258. This move confirms that the broader bullish trend remains intact. Price is now advancing within wave 5, and the structure continues to favor higher levels. From the wave 4 low, Gold moved higher in a clear five-swing structure. This advance completed black sub-wave ((i)). Price then pulled back in wave ((ii)) and found support at 4271.175. The decline stayed corrective in nature and did not break key support. This behavior confirmed that the trend had not changed. After wave ((ii)) ended, Gold resumed its rally and is now trading higher within wave ((iii)) of wave 5. Momentum has increased, which is typical for this part of the cycle.
Within wave ((iii)), price is currently unfolding in blue wave (iii). This segment has shown strong upside momentum. However, red sub-wave iii within this move appears mature. Because of this, Gold may pause or pull back in the short term. Any pullback should unfold as red wave iv. This correction is expected to stay corrective and develop in 3, 7, or 11 swings. Such a move should offer a buying opportunity once the correction reaches its extremes. As long as price remains above the invalidation level at 4257.73, the bullish view stays valid.
Gold Latest 1-Hour Elliott Wave Chart From 12.23.2025 update.



Gold Elliott Wave Video:

Eli Lilly & Company (LLY): Buyers Looking For Rally Between $1144.4 – $1196.17
Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It comes under Healthcare sector & trades as “LLY” ticket at NYSE.

As discussed in last article, LLY favors rally in ((3)) of impulse I within August-2025 rally. It favors upside between $1144.39 – $1196.17 area, while above 12.10.2025 low to finish ((3)).
LLY – Elliott Wave Latest Daily View:

In weekly, it favors bullish impulse sequence as trading to ATH. It placed (II) at $64.18 low in November-2016, (III) at $937.96 high in August-2024 & (IV) at $623.78 low in August-2025 low. Within (III), it placed I at $129.48 high, II at $101.36 low, III at $966.10 high, IV at $775.81 low & V at $937.96 high. The wave III of (III) was extended nested wave showing highest momentum. The (IV) pullback was double correction. It placed w at $711.40 low, x at $935.63 high & y at $623.78 low. Each degree further subdivided in 3 or 7 swings.
LLY – Elliott Wave Latest Weekly View:

Above $623.78 low, it favors rally in I of (V). It placed ((1)) of I at $776.96 high, ((2)) at $712.05 low & favors rally in ((3)) in proposed 9 swings rally. Within ((3)), it ended (1) at $864.35 high, (2) at $783.85 low, (3) at $1111.99 high, (4) at $977.12 low & favors upside in (5) into $1144.39 – $1196.17 area. It is about to end the first leg of (5) & correct soon in second leg before resume upside. It favors rally in seventh swing from 12.10.2025 low & expect two more highs to end the I rally showing in weekly sequence above $1188 before correcting next. We like to buy the pullback in clear 3, 7 or 11 swings correction in ((4)) or later in II of (V) against 8.08.2025 low.
LLY – Elliott Wave View From 11.24.2025:

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BAC Ignites Higher: Textbook Blue Box Area Reaction
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Bank of America ticker symbol: BAC. 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 with a bullish stamp favored more upside extension to take place. Therefore, we advised members not to sell the stock. But buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

BAC 1-Hour Elliott Wave Chart From 12.18.2025

Here’s the 1-hour Elliott wave chart from the 12.18.2025 Midday update. In which, the cycle from the 21 November 2025 low ended in wave ((i)) at $56.07 high. Down from there, the stock made a pullback in a wave ((ii)) correction. The internals of that pullback unfolded as double three structure. Whereas small wave (w) ended at $54.69 low. Wave (x) bounce ended at $55.57 high and wave (y) managed to reach the blue box area at $54.17- $53.31. From there, buyers were expected to appear looking for the next leg higher ideally or do a 3 wave bounce minimum.

BAC Latest 1-Hour Elliott Wave Chart From 12.23.2025

This is the latest 1-hour Elliott wave Chart from the 12.23.2025 Post-Market update. In which the BAC is showing a reaction higher taking place, right after ending the double 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 $59.16- $60.43 target area before profit taking & next pullback takes place.

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Gold Wave 5 Extends Higher After Wave 4 Pullback
Gold resumes its bullish trend from the 4258 low as wave ((iii)) unfolds within wave 5.

XAUUSD has turned higher after completing the pullback in wave 4 at 4258. This move confirms that the broader bullish trend remains intact. Price is now advancing within wave 5, and the structure continues to favor higher levels. From the wave 4 low, Gold moved higher in a clear five-swing structure. This advance completed black sub-wave ((i)). Price then pulled back in wave ((ii)) and found support at 4271.175. The decline stayed corrective in nature and did not break key support. This behavior confirmed that the trend had not changed. After wave ((ii)) ended, Gold resumed its rally and is now trading higher within wave ((iii)) of wave 5. Momentum has increased, which is typical for this part of the cycle.
Within wave ((iii)), price is currently unfolding in blue wave (iii). This segment has shown strong upside momentum. However, red sub-wave iii within this move appears mature. Because of this, Gold may pause or pull back in the short term. Any pullback should unfold as red wave iv. This correction is expected to stay corrective and develop in 3, 7, or 11 swings. Such a move should offer a buying opportunity once the correction reaches its extremes. As long as price remains above the invalidation level at 4257.73, the bullish view stays valid.
Gold Latest 1-Hour Elliott Wave Chart From 12.23.2025 update.

Gold Elliott Wave Video:

Silver Extends Higher as Wave ((iii)) Remains in Progress
Silver (XAGUSD) maintains a bullish Elliott Wave structure with pullbacks offering buying opportunities
It continues to trade firmly higher and maintains a bullish structure. Price action respects the broader Elliott Wave sequence and keeps favoring the upside while key support levels hold. The rally from the prior swing low remains impulsive and shows no signs of exhaustion yet. From the earlier low, Silver completed a corrective phase and then turned higher in a clear impulsive advance. This move confirms that wave ((ii)) has already ended. Price has since resumed higher within wave ((iii)). Momentum remains strong, which is typical during a third-wave sequence.
Within wave ((iii)), Silver is unfolding higher in wave (i). Wave (ii) has already completed as a corrective pullback. Price has now pushed higher into wave (iii), showing strong upside acceleration. Inside this advance, red sub-wave iii appears advanced. Because of this, a brief pause or pullback may develop in the near term. Any short-term pullback should form as red wave iv and stay corrective in nature. This correction should unfold in a 3, 7, or 11 swing structure. Once complete, it should offer a buying opportunity near the extremes of the pullback. As long as Silver holds above the invalidation level at 60.753, the bullish outlook remains unchanged.
The broader structure continues to favor higher prices, and selling is not recommended at this stage. Pullbacks should be viewed as pauses within the trend rather than signs of a larger reversal.
Silver (XAGUSD) 45 min chart from 12.24.2025 update


Silver (XAGUSD) Elliott Wave video:

Silver Extends Higher as Wave ((iii)) Remains in Progress
Silver (XAGUSD) maintains a bullish Elliott Wave structure with pullbacks offering buying opportunities

It continues to trade firmly higher and maintains a bullish structure. Price action respects the broader Elliott Wave sequence and keeps favoring the upside while key support levels hold. The rally from the prior swing low remains impulsive and shows no signs of exhaustion yet. From the earlier low, Silver completed a corrective phase and then turned higher in a clear impulsive advance. This move confirms that wave ((ii)) has already ended. Price has since resumed higher within wave ((iii)). Momentum remains strong, which is typical during a third-wave sequence.
Within wave ((iii)), Silver is unfolding higher in wave (i). Wave (ii) has already completed as a corrective pullback. Price has now pushed higher into wave (iii), showing strong upside acceleration. Inside this advance, red sub-wave iii appears advanced. Because of this, a brief pause or pullback may develop in the near term. Any short-term pullback should form as red wave iv and stay corrective in nature. This correction should unfold in a 3, 7, or 11 swing structure. Once complete, it should offer a buying opportunity near the extremes of the pullback. As long as Silver holds above the invalidation level at 60.753, the bullish outlook remains unchanged.
The broader structure continues to favor higher prices, and selling is not recommended at this stage. Pullbacks should be viewed as pauses within the trend rather than signs of a larger reversal.
Silver (XAGUSD) 45 min chart from 12.24.2025 update

Silver (XAGUSD) Elliott Wave video:

AIZ Analysis: 10% Rally From Blue Box—What’s Next?
AIZ broke a new record high to continue the all-time bullish cycle. This recent break makes one of the most profitable in its sector. Traders should continue to buy the dip just as we did from the blue box in the last update.

About AIZ
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.
AIZ Long Term Elliott Wave Analysis – Weekly Chart

The all-time bullish cycle for AIZ began in November 2008 at $12.52. From that low, wave (I) advanced in a clear impulse and peaked in February 2020 at $146.21. It was followed by a sharp correction. Wave (II) ended in March 2020 at $76.26. From there, wave (III) is expected to extend higher, with an overall target between $287 and $417. Between March 2020 and April 2022, price completed another impulse. This move formed wave I of (III). After that, a 7-swing pullback formed wave ((2)). Buyers appeared in the blue box on the daily chart as shown in the 7th December update. With wave ((2)) complete, price resumed higher and broke above the wave (1) high first and then later wave ((1)) high. Consequently, wave ((3)) is now underway. This wave can target the $330–$380 area over the coming weeks or months.

AIZ Trade Setup –7th December 2025

On 7th December, we shared the chart above. The chart shows the status of the pullback that followed shortly after price breached the top of wave (1) of ((3)). The pullback was for wave 2 of (3) and had just completed a 3-swing structure at the blue box. Thus, we recommended to readers to go long from the blue box.

AIZ Trade Setup –14th December 2025
The chart above shows a swift reaction from the blue box as anticipated. With this move, traders closed half of the position in profit and then set rest to breakeven. In an ideal price action, Waves 3 extend to 1.618 x wave 1. In this case, we can anticipate wave 3 extending to $262. After this update, the stock broke upside in the next hours to establish wave 3 even stronger. The chart below shows the last chart and what we can expect next.
AIZ Trade Setup –29th December 2025

The rally from the blue box appears strong with no significant pullback. Thus, the anticipation for an extended wave 3 which could surpass the $260 target. Therefore, I labelled it as wave ((i)) of 3 which still needs one more leg at least, before completion. Whenever it finishes, a pullback will emerge for wave ((ii)) which will be attractive to buyers from the blue box. In a bullish sequence, buyers should take long positions from the dip. We provide trend analysis and sequence report for 78 instruments on all major time frames for our members. In addition, we provide the zone to buy or sell from.

About Elliott Wave Forecast
At www.elliottwave-forecast.com, we update one-hour charts four times daily and four-hour charts once daily for all 78 instruments. We also conduct daily live sessions to guide clients on the right side of the market. Additionally, we have a chat room where moderators answer market-related questions. Experience our service with a 14-day trial for only $9.99. Cancel anytime by contacting us at [email protected].

PM Price Analysis: Risk-Free Target Met, $215 Ahead?
Philip Morris International Inc. (PM) may have ended the over 4 months bearish cycle from June 2025. The current rebound happened at the blue box where the October 29 blog post alerted traders to go long. After reaching the first target, why do I think it could reach $215 in the coming days or weeks.

Philip Morris International Inc. (PM) is a leading global tobacco and nicotine company headquartered in Stamford, Connecticut. It manufactures and markets well-known cigarette brands, including Marlboro, and is actively transitioning toward smoke-free products through its “Beyond Nicotine” strategy. PMI’s flagship smoke-free product, IQOS, uses heat-not-burn technology and has gained significant global adoption. Operating in over 180 markets, the company focuses on reducing the health impact of smoking by investing heavily in science-based alternatives and next-generation nicotine delivery systems.
PM Long-Term Overview
In the 29th October update, we explained the long term view with the weekly Elliott wave chart. From the all-time low of $32 in March 2009, PM’s stock price has surged over 475%, peaking at $186 in June. Since then, it has completed a 3-swing structure. While we anticipate at least a 5-swing chart evolution, the 3rd swing appears incomplete. We’ve identified the first swing, ending at the June 2017 peak, as wave (I). A pullback followed, correcting it in wave (II), which ended at the March 2020 low. From there, wave (III) began. Wave (III) could target $204, 1.618 of (I) from (II), and potentially even higher.
Meanwhile, waves I and II of (III) started and ended at the February 2022 high and September 2022 low, respectively. From September 2022, a strong wave III of (III) emerged, completing at the June 2025 peak, the current all-time high. The pullback from this peak evolved as wave IV. With the rebound since October 2025, it appears wave IV has finished and price now in wave IV. Thus, the long-term chart still indicates a strong, bullish sequence. We favor buying at the extremes of 3, 7, or 11-swing pullbacks, which we typically mark with a blue box on our charts.
PM Elliottwave Trade Setup (Daily Chart)- 29th October 2025 Update

On 29th October, we shared the chart above. The chart shows the blue box zone where we expected wave IV to finish. price reached the blue box and made a swift bounce. From the blue box, we expected at least a 3-swing bounce. However, typically, a 5-wave rally is more probable, to emerge for wave V with target zone at $197-215. Thus, if we were to buy at the blue box, traders could aim for this target zone to book profit. However, we like taking partial profit at 50% of the last leg i.e. wave ((Y)) of IV while adjust rest of the trade to breakeven. This, way we could run a risk-free trade while booking some profit.

PM Elliottwave Trade Setup (Daily Chart)- 29th December 2025 Update

Price did a retest of the blue box and then burst upside as the latest Daily chart above shows. Price appears to have reached the first target at $163.5 and very likely to extends further. Current wave count shows wave (3) of ((1)) of V emerging or price is in wave (1) of ((3)). Either way, this current bullish leg has the potential to reach $180-$200. Overall, the bullish cycle from October low should reach $215 where traders could book final profit on this trade.

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At www.elliottwave-forecast.com, we update one-hour charts four times daily and four-hour charts once daily for all 78 instruments. We also conduct daily live sessions to guide clients on the right side of the market. Additionally, we have a chat room where moderators answer market-related questions. Experience our service with a 14-day trial for only $9.99. Cancel anytime by contacting us at [email protected].

S&P 500 E‑Mini (ES) Maintains Bullish Structure, Eyeing Further Upside

The S&P 500 E-Mini Futures (ES) continues to advance, breaking into new all-time highs and confirming that the prevailing trend remains firmly bullish. The structure reflects an incomplete bullish sequence originating from the November 21, 2025 low, which provides the foundation for the current upward trajectory. From that low, the rally is unfolding as a five-wave diagonal, a formation consistent with Elliott Wave principles and often observed in strong trending markets.

Wave ((i)) concluded at 6975.25, marking the first leg of the diagonal. The subsequent pullback in wave ((ii)) unfolded as a zigzag corrective structure. Within this correction, wave (a) ended at 6817.5, followed by a rally in wave (b) that terminated at 6882.50. The final leg of the correction, wave (c), declined to 6771.75, thereby completing wave ((ii)) at a higher degree. This established a pivotal low that continues to serve as a critical reference point for the ongoing advance.

The index then resumed its ascent in wave ((iii)). From the completion of wave ((ii)), wave (i) ended at 6872, while wave (ii) pulled back modestly to 6857.5. Wave (iii) extended higher to 6990, followed by a brief consolidation in wave (iv) at 6974. The final push in wave (v) carried prices to 6994, completing wave ((iii)) at a higher degree. A corrective pullback in wave ((iv)) then ended at 6936, setting the stage for renewed strength.

In the near term, as long as the pivot at 6771.75 remains intact, pullbacks are expected to find support within the 3, 7, or 11 swing sequence. The potential upside target can be projected using external retracement levels of wave ((iv)). The 1.236% to 161.8% external retracement zone suggests a range between 7007 and 7029. This measured extension underscores the likelihood of further gains, provided corrective phases remain orderly and contained.

S&P 500 E-Mini Futures (ES) 45 min chart from 12.24.2025 update

Attached Image (click to enlarge)

ES Elliott Wave video:

Inserted Video

Source: https://elliottwave-forecast.com/new...eyeing-upside/

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SPY Confirms Elliott Wave Mastery with Blue Box Rally
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 the 21 November 2025 low is unfolded as an impulse structure. Also showed a higher high sequence suggested that ETF should see more upside extension to complete the impulse sequence. Therefore, we advised members not to sell the ETF & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

SPY 1-Hour Elliott Wave Chart From 12.17.2025

Here’s the 1-hour Elliott wave chart from the 12.17.2025 Post-Market update. In which, the short-term cycle from the 11.21.2025 low ended in wave ((i)) as impulse at $691.24 high. Down from there, the ETF made a pullback in wave ((ii)) to correct that cycle. The internals of that pullback unfolded as Elliott wave zigzag structure where wave (a) ended at $679.17 low. Wave (b) bounce ended at $685.87 high. Then wave (c) managed to reach the blue box area at $673.73- $649.45. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

SPY Latest 1-Hour Elliott Wave Chart From 12.30.2025

This is the 1-hour Elliott wave Chart from the 12.30.2025 Post-Market update. In which the ETF is showing a reaction higher taking place, right after ending the 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, SPY has already made a new high targeting $712.96- $722.81 area higher minimum before profit taking & next pullback takes place in 3, 7 or 11 swings.

If you are looking for real-time analysis in SPY along with the other Stocks & ETFs then join us with a 14-Day Trial for the latest updates & price action.
Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.
Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

RY (Royal Bank of Canada) Favors Rally To 187.25 or Higher
Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under Financial services sector & trades as “RY” ticker at NYSE.

RY extends rally from April-2025 low as nesting as it managed to erase the momentum divergence. It favors rally targeting $187.25 or higher as ((3)) of III. Short term pullback in 3, 7 or 11 swings provides buying opportunities at extreme area.
RY – Elliott Wave Latest Weekly View:

Since March-2020 low as (II), it started rally in (III) in weekly. It placed I of (III) at $119.41 high in January-2022 & II at $77.90 in October-2023 low. Above there, it ended ((1)) of III at $128.05 high, ((2)) at $106.10 low & favors rally in ((3)) as nest from April-2025 low. Within ((1)), it ended (1) at $102.07 high, (2) at $93.97 low, (3) at $126.96 high, (4) at $120.26 low & (5) at $128.05 high. Within ((2)), it ended (A) at $117.63 low, (B) at $124.35 high & (C) at $106.10 low.
RY – Elliott Wave View From 11.10.2025:

Above ((2)) low, it placed (1) of ((3)) at $134.26 high, (2) at $127.38 low & favors rally in (3) as broke the price channel. Within (3), it ended 1 at $149.26 high, 2 at $143.13 low & favors rally in 3 into $165.02 – $178.54 area before correcting in 4. We like to buy the pullback in 3, 7 or 11 swings at extreme area to continue rally within ((3)). As long as the momentum remains higher, it should see more upside as the part of (3) of ((3)). The ((3)) should extend towards $187.25 in 9 swings rally from April-2025 low before correcting in ((4)).
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S&P 500 E‑Mini (ES) Maintains Bullish Structure, Eyeing Further Upside
The S&P 500 E-Mini Futures (ES) continues to advance, breaking into new all-time highs and confirming that the prevailing trend remains firmly bullish. The structure reflects an incomplete bullish sequence originating from the November 21, 2025 low, which provides the foundation for the current upward trajectory. From that low, the rally is unfolding as a five-wave diagonal, a formation consistent with Elliott Wave principles and often observed in strong trending markets.

Wave ((i)) concluded at 6975.25, marking the first leg of the diagonal. The subsequent pullback in wave ((ii)) unfolded as a zigzag corrective structure. Within this correction, wave (a) ended at 6817.5, followed by a rally in wave (b) that terminated at 6882.50. The final leg of the correction, wave (c), declined to 6771.75, thereby completing wave ((ii)) at a higher degree. This established a pivotal low that continues to serve as a critical reference point for the ongoing advance.
The index then resumed its ascent in wave ((iii)). From the completion of wave ((ii)), wave (i) ended at 6872, while wave (ii) pulled back modestly to 6857.5. Wave (iii) extended higher to 6990, followed by a brief consolidation in wave (iv) at 6974. The final push in wave (v) carried prices to 6994, completing wave ((iii)) at a higher degree. A corrective pullback in wave ((iv)) then ended at 6936, setting the stage for renewed strength.
In the near term, as long as the pivot at 6771.75 remains intact, pullbacks are expected to find support within the 3, 7, or 11 swing sequence. The potential upside target can be projected using external retracement levels of wave ((iv)). The 1.236% to 161.8% external retracement zone suggests a range between 7007 and 7029. This measured extension underscores the likelihood of further gains, provided corrective phases remain orderly and contained.
S&P 500 E-Mini Futures (ES) 60 min chart from 12.30.2025 update

Russell 2000 Futures (RTY): Zigzag Correction Likely to Find Support for Extension to New Highs

Russell 2000 Futures (RTY) has broken to a new all‑time high, and this confirms that the broader trend remains bullish. The cycle from the April 2025 low continues to advance as an impulse. Wave ((4)) finished at 2300.6, as shown on the 90‑minute chart. From that level, wave ((5)) began to unfold with a clear impulsive structure at a lower degree.

After wave ((4)), the index pushed higher in wave ((i)) to 2396.4. A brief pullback in wave ((ii)) followed and ended at 2370.3. RTY then accelerated in wave ((iii)), reaching 2545.8. A shallow consolidation in wave ((iv)) held at 2516.6. The final leg, wave ((v)), carried the index to 2625, which completed wave 1 at a higher degree. A correction in wave 2 is now in progress. It is retracing the cycle from the November 21 low and is forming a zigzag pattern. From the wave 1 peak, wave ((a)) declined to 2526.2, and wave ((b)) recovered to 2590.30. Wave ((c)) should extend lower toward 2397–2471, which aligns with the 100%–161.8% Fibonacci extension of wave ((a)).

This area should act as support and allow wave 2 to finish. As long as the pivot at 2300.6 holds, buyers are expected to appear in the next 3, 7, or 11 swings, and the broader uptrend should resume.

Russell 2000 Futures (RTY) 90 minute chart from 12.31.2025 update

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RTY Elliott Wave video:

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Source: https://elliottwave-forecast.com/new...ion-new-highs/
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Russell 2000 Futures (RTY): Zigzag Correction Likely to Find Support for Extension to New Highs


Russell 2000 Futures (RTY) has broken to a new all‑time high, and this confirms that the broader trend remains bullish. The cycle from the April 2025 low continues to advance as an impulse. Wave ((4)) finished at 2300.6, as shown on the 90‑minute chart. From that level, wave ((5)) began to unfold with a clear impulsive structure at a lower degree.
After wave ((4)), the index pushed higher in wave ((i)) to 2396.4. A brief pullback in wave ((ii)) followed and ended at 2370.3. RTY then accelerated in wave ((iii)), reaching 2545.8. A shallow consolidation in wave ((iv)) held at 2516.6. The final leg, wave ((v)), carried the index to 2625, which completed wave 1 at a higher degree. A correction in wave 2 is now in progress. It is retracing the cycle from the November 21 low and is forming a zigzag pattern. From the wave 1 peak, wave ((a)) declined to 2526.2, and wave ((b)) recovered to 2590.30. Wave ((c)) should extend lower toward 2397–2471, which aligns with the 100%–161.8% Fibonacci extension of wave ((a)).
This area should act as support and allow wave 2 to finish. As long as the pivot at 2300.6 holds, buyers are expected to appear in the next 3, 7, or 11 swings, and the broader uptrend should resume.

Russell 2000 Futures (RTY) 90 minute chart from 12.31.2025 update
RTY Elliott Wave video:

Uranium Miners (URA) Eye Another Strong Year in 2026

The Uranium Miners ETF (URA) offers targeted exposure to global uranium mining and exploration companies. It provides investors with opportunity to capture the sector’s long‑term growth potential as nuclear energy demand accelerates. By tracking a concentrated basket of producers, developers, and related equities, URA provides a focused way to participate in the structural tightening of the uranium market. In this article, we will explore the long term technical outlook for the ETF.
URA Elliott Wave Chart Monthly Chart

The monthly Elliott Wave chart of the Uranium Miners ETF (URA) indicates that wave ((II)) of the Grand Super Cycle completed at $6.95. From this low, the ETF began a new wave ((III)) advance, unfolding as an impulsive structure with a nested sequence. From wave ((II)), wave I topped at $31.60, followed by a corrective wave II that bottomed at $17.65. URA then formed a nest with wave ((1)) peaking at $33.66 and wave ((2)) pulling back to $19.50. As long as URA holds above $19.50, and especially above the key pivot at $6.95, pullbacks are expected to find support.

URA Daily Elliott Wave Chart


The daily chart of the Uranium ETF shows that the rally from the wave ((2)) low on April 7, 2025 is unfolding as an impulsive advance with a nested structure. From that low, wave (1) completed at $42.22, followed by a wave (2) pullback that bottomed at $35.64. The ETF then accelerated higher in wave (3), with wave 1 of (3) peaking at $60.51. The subsequent wave 2 of (3) pullback is proposed to have completed at $39.95. As long as the key pivot at $19.50 holds, pullbacks should find support, and the ETF should continue extending higher.

Uranium ETF Elliott Wave Video

$YM (Dow Futures) Final Wave ((v)) Set to Wrap Short‑Term Cycle from Nov 21

The short-term cycle in Dow Futures (YM) from the November 21, 2025 low is unfolding as a diagonal. From that low, wave ((i)) advanced and concluded at 48,184. A corrective pullback in wave ((ii)) ended at 47,514, as shown on the one-hour chart. Momentum then carried the Index higher, with wave ((iii)) terminating at 49,294. The subsequent correction in wave ((iv)) developed into a zigzag Elliott Wave formation. Wave (a) declined to 48,127, wave (b) rallied to 49,086, and wave (c) dropped to 48,092. This sequence completed wave ((iv)) at a higher degree.

Wave ((v)) is now progressing with internal subdivision into a five-wave impulse. From the completion of wave ((iv)), wave (i) advanced to 48,687. The minor dip in wave (ii) found support at 48,556. Strength resumed as wave (iii) extended to 49,459. A modest retracement in wave (iv) ended at 49,201. The Index should continue higher in the final wave (v) of ((v)). This move should complete the cycle originating from the November 21 low. Once the upward sequence concludes, a larger degree correction is anticipated. That correction may unfold in 3, 7, or 11 swings, consistent with Elliott Wave guidelines. The potential upside target for the final leg is projected at the 123.6% to 161.8% inverse retracement of wave (iv). This zone lies between 49,518 and 49,614.

Dow Futures (YM) 60 minute chart from 12 01.06.2026 update

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YM_F Elliott Wave video:

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Source: https://elliottwave-forecast.com/new...-cycle-nov-21/
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