Elliottwave-Forecast.com - Official Thread w/ Analysis Blogs

PNC Financial Services Nears ATH with $250 Target in Sight
PNC Financial Services stock recovered its entire 33% 2025 decline. It also broke decisively above its 2024 peak. Today, we analyze the Elliott Wave structure behind this powerful breakout. This examination maps a precise path to higher targets. Our technical blueprint reveals a compelling setup driven by strong momentum.

Elliott Wave Analysis
From its 2025 low, PNC created a three-swing advance. This move broke above the 2024 peak of $216. Wave ((1)) ended at $203, followed by Wave ((2)) at $176. Now, Wave ((3)) is in progress. Therefore, the stock has an incomplete bullish sequence targeting equal legs area $252 – $277.
Currently, the projected path shows a break above the 2022 high of $228. This action will also establish a larger bullish structure. Consequently, it can propel the stock beyond $300 in the coming years.
PNC should continue extending higher. The key invalidation area is the April 2025 low of $145. All daily corrections should hold above this level. These pullbacks will create buying opportunities within a 3, 7, or 11-swing patterns.
PNC Daily Chart 1.13.2026

Conclusion

PNC’s bullish cycle signals further upside ahead. Therefore, traders should target strategic entries during daily pullbacks.. Apply our Elliott Wave methodology for exact timing. More precisely, enter the market after a 3, 7, or 11-swing correction finishes. Additionally, our proprietary Blue Box system pinpoints high-probability entry zones. Consequently, this disciplined method provides clarity and confidence. Ultimately, it positions traders to capture the next major bullish leg.

Liquidia (LQDA): Buy The Breakout Or Wait For Pullback?
Liquidia Corporation, (LQDA) is a biopharmaceutical company. It develops, manufactures & commercializes various products for unmet patient needs in the United States. It comes under Healthcare sector in Biotechnology Industry & trades as “LQDA” ticker at Nasdaq.

As discussed in last article, it extends rally in impulse I from June-2025 low. It should extend into $38.16 – $40.90 area to finish the wave ((5)) as I before correction start. We like to buy the pullback in 3, 7 or 11 swings at extreme area, when reach.
LQDA – Elliott Wave Latest Weekly View:

In weekly, it broke the previous ATH from October-2018 in last rally & confirms bullish bias. It favors rally in I of (III) against June-2025 low. From August-2021 low, it placed I of (I) at $7.78 high, II at $4.06 low, III at $16.99 high, IV at $8.26 low & V at $19.41 high in May-2025. It corrected lower in (II) in 3 swings, which ended at $11.85 low in June-2025 low. Above (II) low, it placed ((1)) of I at $29.94 high, ((2)) at $21.15 low, ((3)) at $36.41 high, ((4)) at $29.30 low & favors rally in ((5)).
LQDA – Elliott Wave View From 8.25.2025:

Within ((1)), it ended (1) at $20.33 high, (2) at $16.82 low, (3) at $28.82 high (4) at $26.06 low & (5) at $29.94 high. Within ((3)), it placed (1) at $25.12 high, (2) at $21.94 low, (3) at $35.54 high, (4) at $32.11 low & (5) at $36.41 high. Currently, it favors rally in (1) of ((5)) & expect minor high before correcting in (2). As long as it stays above $29.30 low of 1.05.2026, it should extend higher in 5 swings to finish ((5)). The ((5)) expects to extend into $38.16 – $40.90 area to finish I impulse before correcting next. It already reached the minimum area, so if it breaks below $29.30 low, it can be II as alternate view. We like to buy the pullback in 3, 7 or 11 swings in II against June-2025 low. If it managed to erase the momentum divergence, then it can be nesting in I.
LQDA is not the part of regular service at EWF. But we provide time to time updates on instruments 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 us for 14 days for only $0.99 (limited time offer). Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.

Newmont Mining (NEM) Elliott Wave Outlook: Impulsive Rally Building Momentum
Newmont Mining (NEM) is the world’s largest gold producer, with a diversified portfolio of mines and projects spanning North America, South America, Australia, and Africa. Founded in 1921 and headquartered in Denver, Colorado, the company plays a central role in the global precious metals market, offering investors exposure to gold and other resources through its scale, operational expertise, and long-standing industry presence. This article looks at the Elliott Wave Outlook for the stock.

Newmont Monthly Elliott Wave Chart

Newmont Mining (NEM) is in the midst of a strong bullish advance, highlighted by its monthly Elliott Wave structure. The chart points toward a breakout that should carry the stock to new record highs. Back in September 2000, NEM completed wave ((II)) of the Grand Super Cycle at $12.75, laying the foundation for a powerful nested impulse. From there, wave (I) climbed to $62.72 before wave (II) retraced to $15.39. The current wave (III) is unfolding, with wave I peaking at $86.37 and wave II correcting down to $29.42. Provided the stock holds above the $15.39 threshold, the upward trajectory remains intact, suggesting further strength ahead.

Newmont Daily Elliott Wave Chart

The daily Elliott Wave outlook for Newmont Mining (NEM) highlights a clear sequence in its price action. After completing the wave II correction at $29.03, the stock has shifted into wave III, marking a renewed bullish phase. From that low, wave (1) carried prices up to $58.72, before wave (2) pulled back to $36.86. Wave (3) is now unfolding and appears close to completion. Wave (4) consolidation should happen soon before the next leg higher. As long as the $29.03 support remains intact, NEM retains strong potential to extend its advance within wave III.

Newmont Mining (NEM) falls outside our routine coverage. However, we provide in-depth analysis on closely linked assets including Gold, GDX, and XME. For broader, continuous insights across equities, ETFs, indices, forex, and commodities, you may want to take advantage of our 14‑day trial subscription.

Elliott Wave Structure: Gold (XAUUSD) Targeting Final Leg of Wave 5
Gold (XAUUSD) continues to advance to fresh all‑time highs, reinforcing a firmly bullish trend across the broader market. The metal is now progressing toward the completion of wave 5 within the Elliott Wave framework. The rally to $4550.52 marked the termination of wave 3, after which a corrective phase unfolded. Wave 4 developed as a double three structure, reflecting a complex but orderly consolidation. From the peak of wave 3, wave ((w)) concluded at $4301.79, followed by wave ((x)) at $4404.41. The final leg, wave ((y)), ended at $4273.58, thereby completing wave 4 at a higher degree.

Following this correction, gold resumed its upward trajectory in wave 5. The current advance is unfolding as an impulsive sequence in lesser degree. From the base of wave 4, wave (i) finished at $4402.35, while the subsequent dip in wave (ii) reached $4309.42. Momentum carried wave (iii) to $4439.90, before a modest pullback in wave (iv) ended at $4395.92. The final push in wave (v) reached $4500.64, completing wave ((i)) of higher degree. A corrective zigzag in wave ((ii)) then ended at $4407.44.
The metal has since resumed higher in wave ((iii)). From that point, wave (i) concluded at $4483.99, while wave (ii) retraced to $4452.58. Strong buying pressure lifted wave (iii) to $4630.24, confirming renewed bullish momentum. In the near term, as long as the pivot at $4273.58 remains intact, dips are expected to find support. These supports typically emerge in three, seven, or eleven swing sequences, offering traders opportunities to align with the prevailing upside trend.
Gold (XAUUSD) 60 minute chart from 01.13.2026 update

XAUUSD Elliott Wave video:

SPDR Financial Sector $XLF Blue Box Area Offering a Buying Opportunity
Hello everyone! In today’s article, we’ll review the recent performance of SPDR Financial Sector ($XLF) through the lens of Elliott Wave Theory. We’ll look at how the pullback from all-time highs unfolded as a textbook 3-swing correction and discuss what could come next. Let’s explore the structure and the expectations for this ETF.

5 Wave Impulse Structure + ABC correction

$XLF 1H Elliott Wave Chart 1.12.2026:

In the 1-hour Elliott Wave chart from January 12, 2026, $XLF completed a clear 5-wave impulsive cycle labeled blue (i). After such a move, a corrective pullback is typical. As expected, the ETF began to retrace in three swings, forming what we identify as an ABC correction.

The price action suggested that buyers would likely appear near the blue box area between $55.15 and $54.46. This zone represents the ideal region where a correction usually ends and a new bullish cycle begins.
In other words, the market took a brief pause before potentially resuming its primary uptrend. Therefore, this structure aligns well with a standard Elliott Wave correction, offering traders a technical roadmap.
What’s Next
At this stage, $XLF remains well-supported against the November 2025 and January 2026 lows. Traders who entered in the blue box area can now focus on the 50% retracement level as the next important target.
However, the market may not move in a straight line. Minor pullbacks are natural. In fact, these short-term corrections could offer fresh buying opportunities for those waiting to join the trend. As always, it’s important to monitor price behavior closely and apply proper risk management.
Conclusion
In conclusion, our Elliott Wave analysis of $XLF suggests the ETF continues to trade within a bullish framework. By using Elliott Wave Theory, traders can better anticipate market structure, identify continuation zones, and plan trades with greater confidence.
In addition, understanding how impulse and correction phases interact helps improve risk control, especially in volatile markets like this one. Therefore, maintaining flexibility and discipline remains key as this structure evolves.

Elliott Wave Forecast
At Elliott Wave Forecast, we cover 78 instruments across global markets. However, not every chart represents a direct trading setup. Official trading recommendations are provided exclusively in our Live Trading Room.

Elliott Wave Outlook: Gold Miners ETF (GDX) Advances in Impulsive Formation

The Gold Miners ETF (GDX) continues to demonstrate strength, advancing in the form of an impulsive Elliott Wave structure. The cycle that began from the October 28, 2025 low remains in progress, unfolding as a clear five-wave sequence. Within this development, wave 1 concluded at $91.67, followed by a corrective pullback in wave 2 that reached $83.22, as illustrated on the one-hour chart. The internal subdivision of wave 2 unfolded as a double three corrective pattern, reflecting the complexity of the retracement. Specifically, wave ((w)) ended at $84.89, the subsequent rally in wave ((x)) terminated at $88.48, and the final decline in wave ((y)) completed at $83.22, marking the end of wave 2 at a higher degree.

From that point, the Index resumed its upward trajectory in wave 3. Progressing from wave 2, the initial advance in wave ((i)) ended at $92.35, while the corrective pullback in wave ((ii)) settled at $88.09. The Index then resumed higher in wave ((iii)), which is currently unfolding. Within wave ((iii)), wave (i) concluded at $91.23, followed by a modest pullback in wave (ii) that ended at $88.79. The ongoing advance suggests that wave (iii) is nearing completion. Once it concludes, a corrective phase in wave (iv) is expected before the rally resumes in wave (v).

In the near term, as long as the pivotal support at $83.22 remains intact, dips should continue to find buyers. These retracements are likely to hold within the rhythm of three, seven, or eleven swings, reinforcing the bullish outlook. With the impulsive sequence intact, the expectation remains for further upside as the cycle matures.

Gold Miners ETF (GDX) 60 minute chart from 01.14.2026 update

Attached Image (click to enlarge)

GDX Elliott Wave video:

Inserted Video

Source: https://elliottwave-forecast.com/new...ive-formation/
14 days trial: https://elliottwave-forecast.com/ame...hp?r=2670&i=l3

Elliott Wave Outlook: Gold Miners ETF (GDX) Advances in Impulsive Formation
The Gold Miners ETF (GDX) continues to demonstrate strength, advancing in the form of an impulsive Elliott Wave structure. The cycle that began from the October 28, 2025 low remains in progress, unfolding as a clear five-wave sequence. Within this development, wave 1 concluded at $91.67, followed by a corrective pullback in wave 2 that reached $83.22, as illustrated on the one-hour chart. The internal subdivision of wave 2 unfolded as a double three corrective pattern, reflecting the complexity of the retracement. Specifically, wave ((w)) ended at $84.89, the subsequent rally in wave ((x)) terminated at $88.48, and the final decline in wave ((y)) completed at $83.22, marking the end of wave 2 at a higher degree.

From that point, the Index resumed its upward trajectory in wave 3. Progressing from wave 2, the initial advance in wave ((i)) ended at $92.35, while the corrective pullback in wave ((ii)) settled at $88.09. The Index then resumed higher in wave ((iii)), which is currently unfolding. Within wave ((iii)), wave (i) concluded at $91.23, followed by a modest pullback in wave (ii) that ended at $88.79. The ongoing advance suggests that wave (iii) is nearing completion. Once it concludes, a corrective phase in wave (iv) is expected before the rally resumes in wave (v).
In the near term, as long as the pivotal support at $83.22 remains intact, dips should continue to find buyers. These retracements are likely to hold within the rhythm of three, seven, or eleven swings, reinforcing the bullish outlook. With the impulsive sequence intact, the expectation remains for further upside as the cycle matures.
Gold Miners ETF (GDX) 45 minute chart from 01.14.2026 update
GDX Elliott Wave video:

Elliott Wave Perspective: Bitcoin (BTCUSD) Rally in Double Three Formation

Following the formation of a significant low at $80,537 on November 21, 2025, Bitcoin has traded in a sideways-to-upward trajectory. The advance from this level is unfolding as a double three corrective structure under the Elliott Wave framework. Within this formation, wave (W) concluded at $94,172, followed by a pullback in wave (X), which ended at $84,398. The subsequent wave (Y) is currently in progress and is itself subdividing into a smaller-degree double three structure.

From the termination of wave (X), wave W of the lesser degree completed at $94,792. A corrective decline in wave X followed, bottoming at $89,190. The ongoing wave Y is developing as a zigzag structure labeled ((a))-((b))-((c)). Within this sequence, wave ((a)) is unfolding as an impulsive five-wave move. Specifically, wave (i) ended at $92,392, while wave (ii) retraced to $90,016. Wave (iii) extended higher and reached $97,939.

A pullback in wave (iv) is anticipated to correct the cycle from the January 12, 2026 low before the final push higher in wave (v) completes wave ((a)). In the near term, as long as the pivot at $89,222 remains intact, dips are expected to find support in 3, 7, or 11 swings, favoring further upside continuation.

Bitcoin (BTCUSD) 60 minute chart from 01.15.2026 update

Attached Image (click to enlarge)

BTCUSD Elliott Wave video:


Source: https://elliottwave-forecast.com/new...ree-formation/
Get 14 days Trial --> Click Here

Elliott Wave Perspective: Bitcoin (BTCUSD) Rally in Double Three Formation
Following the formation of a significant low at $80,537 on November 21, 2025, Bitcoin has traded in a sideways-to-upward trajectory. The advance from this level is unfolding as a double three corrective structure under the Elliott Wave framework. Within this formation, wave (W) concluded at $94,172, followed by a pullback in wave (X), which ended at $84,398. The subsequent wave (Y) is currently in progress and is itself subdividing into a smaller-degree double three structure.

From the termination of wave (X), wave W of the lesser degree completed at $94,792. A corrective decline in wave X followed, bottoming at $89,190. The ongoing wave Y is developing as a zigzag structure labeled ((a))-((b))-((c)). Within this sequence, wave ((a)) is unfolding as an impulsive five-wave move. Specifically, wave (i) ended at $92,392, while wave (ii) retraced to $90,016. Wave (iii) extended higher and reached $97,939.
A pullback in wave (iv) is anticipated to correct the cycle from the January 12, 2026 low before the final push higher in wave (v) completes wave ((a)). In the near term, as long as the pivot at $89,222 remains intact, dips are expected to find support in 3, 7, or 11 swings, favoring further upside continuation.
Bitcoin (BTCUSD) 60 minute chart

BTCUSD Elliott Wave video:

Exxon Mobil (XOM) Elliott Wave Outlook: Impulsive Rally Signals Trend Continuation

Exxon Mobil (XOM) has reached a new all‑time high, confirming that bullish momentum has returned. The near‑term cycle, which began from the November 26, 2025 low, is unfolding as a five‑wave impulse. From that origin, wave (1) concluded at $125.93, followed by a corrective decline in wave (2) that reached $118.27. The internal subdivision of wave (2) formed a zigzag Elliott Wave structure. Within this correction, wave A finished at $122.39 and wave B peaked at $126.20. Wave C declined to $117.90, completing wave (2) at a higher degree.

Afterward, the stock resumed its upward trajectory in wave (3). From that advance, wave 1 terminated at $124.86, while wave 2 pulled back to $122.56. The rally continued with wave 3, which ended at $131.72. A subsequent retracement in wave 4 that settled at $128.30. The structure suggests one more leg higher is likely, completing wave 5 of (3).

Once wave 5 concludes, a corrective phase in wave (4) should emerge, addressing the cycle from the January 8, 2026 low before the broader uptrend resumes. In the near term, as long as the pivotal support at $117.90 remains intact, any pullback is expected to find support within the 3, 7, or 11 swing sequence. This framework indicates that Exxon Mobil retains a constructive outlook, with the Elliott Wave structure favoring continued strength once short‑term corrections are absorbed.

Exxon Mobil (XOM) 30 minute chart

Attached Image (click to enlarge)

XOM Elliott Wave video:


Source: https://elliottwave-forecast.com/new...-continuation/
Get 14 days Trial --> Click Here

The Elliott Wave Theory and High Frequency Trading
Financial markets have evolved dramatically over time, moving from human-dominated trading floors to highly automated, algorithm-driven systems. Two concepts that represent these different eras are the Elliott Wave Theory and high-frequency trading (HFT), Elliott Wave Theory focuses on market psychology and recurring price patterns. HFT on the other hand relies on advanced algorithms and ultra-fast execution.

Elliott Wave Theory
The Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, suggests that financial markets move in predictable patterns driven by collective investor psychology. According to the theory, prices move in a series of five impulsive waves in the direction of the main trend. It was then followed by three corrective waves against the trend. These wave patterns are fractal, meaning they appear on all timeframes, from long-term market cycles to short-term price movements. As a reference, please check this page: https://elliottwave-forecast.com/elliott-wave-theory/. This page provides an overview of the main Theory. It also contains new rules we have added to improve it and avoid a subjective tone.
Elliott Wave Theory is widely used by technical analysts to identify market trends, predict potential reversals, and understand the psychological forces behind price movements. The main sequences are 5-9-13-17-21 when the market moves in an impulse structure. These sequences always go with the main trend. Corrective sequence runs in 3-7-11-15-19. Corrective structure can run in a Zig-Zag (5-3-5) which is 3 waves. Another one is a double Zig Zag which is (5-3-5-3-5-3-5) and runs in 7 swing. A Triple Zig- Zag which is (5-3-5-3-5-3-5-3-5-3-5) runs in 11 swing. Sometimes we can also see Flats which runs as 3-3-5 or Triangles. The corrective structure are key to enter the market and we will explain later why.
High-Frequency Trading
High-frequency trading refers to the use of sophisticated computer algorithms to execute a large number of trades at extremely high speeds, often within microseconds. HFT firms aim to profit from small price discrepancies, market inefficiencies, and short-term liquidity imbalances. Unlike traditional trading methods, high-frequency trading does not rely on human judgment or long-term market predictions. Instead, it focuses on speed, data, and statistical models.
There is little doubt that technological advancement has become a dominant force in modern society. Financial markets have not remained unaffected by its influence. The growing presence of computers in trading has highlighted how algorithmic systems consistently execute trades at recurring entry and exit levels with notable accuracy. As discussed previously, significant effort has been devoted to identifying these key price areas and linking them to Elliott Wave Theory.
The Market Code
At Elliott Wave Forecast, we have identified the Market Code through years of market observation and analysis. This concept became widely recognized through the recurring corrective structure known as 3–7–11 with the trend. The idea is simple: the market follows a code, one that Ralph Nelson Elliott came very close to identifying nearly one hundred years ago.
According to this code, market corrections unfold in 3, 7, or 11 swings. Impulsive movements on the other hand develop in 5, 9, or 13 waves. Each individual wave has a defined price area from which it begins and ends. Understanding this structure greatly enhances the application of Elliott Wave Theory, particularly when combined with high-frequency and algorithmic trading systems.
Although market behavior can be influenced by news events, economic data, and human psychology, the key lies in recognizing these repeating sequences. Both impulsive and corrective patterns are closely related to Fibonacci retracements and extensions, which help define precise price targets and invalidation levels.
It is important to recognize that computers must be programmed by humans, and many of those programmers may not be familiar with Elliott Wave Theory itself. Instead, algorithms respond to the underlying market code embedded in price behavior. As a result, the theory adapts to the presence of machines, rather than machines consciously applying the theory.
Like any programmed system, algorithmic trading requires triggers and confirmations. In practical terms, when price reaches an area identified by the market code, buy or sell decisions are executed as long as the confirmation pivot remains intact. Unlike human traders, computers act without emotion, executing trades with precision and consistency.
In modern markets, this machine-driven structure increasingly governs price behavior. The Market Code, as expressed through algorithmic execution, has become a dominant force shaping market movements.
Our System
Using this systematic approach, we delivered returns exceeding 140 percent to our members in 2026. We rely exclusively on a methodology that combines Elliott Wave Theory with algorithm-driven market behavior. From Elliott Wave Theory, we extract the fundamental principle that markets advance in five-wave sequences during trends and correct in three-wave sequences against the trend.
Rather than treating Elliott Wave Theory as a rigid forecasting tool, we use it as a market language. It is a framework that helps identify incomplete price sequences and potential continuation points. While the theory itself is highly effective, its greatest practical value emerges during market pullbacks against the dominant trend. These corrective phases often represent moments when high-frequency trading systems re-enter the market in the direction of the primary trend.
At these critical stages, we present subscribers with predefined price areas known globally as “Blue Box” zones. These areas are derived from a combination of Elliott Wave structure and the behavior of high-frequency trading algorithms. To further refine these zones, we developed a pivot validation system, which incorporates momentum-based indicators to serve as confirmation triggers for trade entries.
Although no trading methodology can guarantee certainty, historical performance shows that approximately 85 percent of the time, price reacts upon reaching a Blue Box area. Exceptions typically occur during flat corrections, when corrective structures extend. Another one occurs when a trend transitions into a higher-degree correction, causing the structure to shift from a 3–7–11 corrective pattern to a 5–3–5 formation. Even with these exceptions, the consistency of reactions from the Blue Box zones highlights the robustness of the combined approach.
Here are some of the High-Frequency (Blue Boxes) from 2025.
Here is Silver back on 04.05.2025 and Here is Silver now.
Daily Elliott Wave Chart of Silver from 04.05.2025
.

Daily Elliott Wave Chart of Silver from 01.10.2026
Here is SPX back on 11.21.2025, 4 Hour Time frame and now.

Trading is inherently challenging, and success depends largely on identifying precise entry points and having the confidence to trust those entries. Our approach differs from traditional Elliott Wave services because we have successfully adapted the theory to modern, technology-driven markets. By refining and updating the application of Elliott Wave Theory, we have introduced additional rules to validate or invalidate market structures more effectively.


Our most significant achievement has been the integration of Elliott Wave Theory with high-frequency trading behavior. By aligning classical market psychology with algorithm-driven execution, we have created a framework that reflects how contemporary markets truly operate. This adaptation allows for greater precision, consistency, and relevance in an era dominated by automated trading systems.

Exxon Mobil (XOM) Elliott Wave Outlook: Impulsive Rally Signals Trend Continuation
Exxon Mobil (XOM) has reached a new all‑time high, confirming that bullish momentum has returned. The near‑term cycle, which began from the November 26, 2025 low, is unfolding as a five‑wave impulse. From that origin, wave (1) concluded at $125.93, followed by a corrective decline in wave (2) that reached $118.27. The internal subdivision of wave (2) formed a zigzag Elliott Wave structure. Within this correction, wave A finished at $122.39 and wave B peaked at $126.20. Wave C declined to $117.90, completing wave (2) at a higher degree.
Afterward, the stock resumed its upward trajectory in wave (3). From that advance, wave 1 terminated at $124.86, while wave 2 pulled back to $122.56. The rally continued with wave 3, which ended at $131.72. A subsequent retracement in wave 4 that settled at $128.30. The structure suggests one more leg higher is likely, completing wave 5 of (3).
Once wave 5 concludes, a corrective phase in wave (4) should emerge, addressing the cycle from the January 8, 2026 low before the broader uptrend resumes. In the near term, as long as the pivotal support at $117.90 remains intact, any pullback is expected to find support within the 3, 7, or 11 swing sequence. This framework indicates that Exxon Mobil retains a constructive outlook, with the Elliott Wave structure favoring continued strength once short‑term corrections are absorbed.
Exxon Mobil (XOM) 30 minute chart
XOM Elliott Wave video:

Visa (V): Can the 2026 Bullish Trend Overcome Recent Price Lag?

Market analysts expected Visa (V) to post strong results in early 2026. They pointed to rapid AI adoption and rising global travel. Visa planned to report earnings on January 29, 2026. Estimates projected an EPS near $3.14, showing a clear double‑digit gain from last year. Visa also used its value‑added services and new flow initiatives to expand revenue beyond consumer spending. As a result, major institutions kept a Strong Buy rating. They expected Visa to benefit from the modernization of B2B payments.
From a strategic view, investors needed to watch Visa’s response to new regulations and real‑time payment networks. Inflation stayed persistent, yet Visa gained from its inflation‑linked revenue model and strong margins. The company also invested heavily in agentic commerce and tokenization security. These moves widened its edge over fintech competitors. In addition, steady buybacks and a revenue target of $10.72 billion strengthened its long‑term outlook. With high operational efficiency, Visa offered a defensive but growth‑focused option for portfolios in early 2026.

Elliott Wave Outlook: VISA (V) Weekly Chart August 2025





Using Visa’s weekly chart, we explained that the Blue Boxes acted as reaction zones. From August onward, we expected price to respect those areas. After the stock pushed higher from the blue box, we saw the bullish count as the strongest path. We expected that view to hold while price stayed above $328.70. With that support intact, we looked for a rally toward $386.57–$404.48. In that zone, wave ((5)) of III should have ended and triggered wave IV lower. That pullback likely aimed toward $328.70 before wave V pushed higher. However, a break below $328.70 would have changed the outlook. That move would have signaled a wave III top and an active wave IV decline. In that case, we expected a drop toward $298.75 before wave V advanced.
Elliott Wave Outlook: VISA (V) Weekly Chart January 2026



In this new update, we can see that the market broke below $328.70 in November, suggesting that we are already in wave IV. For that reason, we labeled the structure as a double correction. Wave ((W)) marks the November low, wave ((X)) marks the January 2026 high, and now we are looking for three more waves lower to complete the pattern before the bullish trend resumes.
We expect the next bounce to be corrective, allowing one more leg down into the blue box at 300.78–265.09. To validate this idea, the market must break the November low. That break would give us a great opportunity to buy Visa (V) again. (If you want to learn more about Elliott Wave Principle, please follow these links: Elliott Wave Education and Elliott Wave Theory.)

Transform Your Trading with Elliott Wave Forecast!
Ready to take control of your trading journey? At Elliott Wave Forecast, we provide the tools you need to stay ahead in the market:
Blue Boxes: Stay ahead in the market with fresh 1-hour charts updated four times daily, daily 4-hour charts on 78 instruments, and precise Blue Box zones that highlight high-probability trade setups based on sequences and cycles.
Live Sessions: Join our daily live discussions and stay on the right side of the market.
Real-Time Guidance: Get your questions answered in our interactive chat room with expert moderators.
Special Offer: Start your journey with a 14-day trial for only $0.99. Gain access to exclusive forecasts and Blue Box trade setups. No risks, cancel anytime by reaching out to us at [email protected].

American Airlines (AAL): Buying the Stock at the Blue Box After an EW Double Three

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 American Airlines (AAL) . The stock completed correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we will explain the trading setup in detail and present the targets.
AAL Elliott Wave 4 Hour Asia Chart 1.14.2026
Current view suggests AAL stock is doing wave (4) blue correction. The price has reached extreme zone at 15.13-14.43 (blue box- buying area).
We’re entering long positions within the Blue Box. As the main trend remains bullish, we anticipate at least a 3-wave bounce from this 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. Breaking below the 1.618 Fibonacci extension level at 14.43 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.
Did you know? 90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

AAL Elliott Wave 4 Hour Asia Chart 1.14.2026

The stock has found buyers as expected and is showing a decent bounce from the Buying Zone which has reached and exceeded 50 fibs against the X red connector. We count the pullback (4) blue as completed at the 14.93 low. Consequently, long positions should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits. Now, we would like to see a break of the (3) blue peak to confirm that the next leg up is in progress. While above the 14.93 low, the stock should ideally target the 16.88–17.49 area. Alternatively, if the price breaks 14.93, we will get a deeper pullback, which will allow us to enter long positions again at lower levels.
Keep in mind that market is dynamic and presented view could have changed in the mean time. You can check most recent charts with target levels in the membership area of the site. Best instruments to trade are those having incomplete bullish or bearish swings sequences. We put them in Sequence Report and best among them are shown in the Live Trading Room

Thank you for exploring our American Airlines (AAL) Trading Setup with us. While we analyze 78 instruments, it’s important to remember that not every chart represents a trading recommendation. For official trading signals, we invite you to join our Live Trading Room, where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-day trial to unlock new trading opportunities.

Over the years, we’ve developed a reliable trading strategy that clearly defines entry, stop loss, and take profit levels. By joining us, you’ll gain access to expert guidance and the chance to refine your trading skills
Join us today !
Elevate your trading with Elliott Wave Forecast!
Ask unlimited questions during trading hours (Monday to Friday). Our Chat Rooms are an excellent place to learn, with continuous support from our market experts!
Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.
Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.
For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

DAX Elliott Wave Outlook: Bullish Sequence Indicates Room to Rise

The DAX Index advanced in a clear three-swing rally from the November 21, 2025 low, reaching a new all-time high. Elliott Wave Theory states that a sustained trend typically develops in five waves, not three. The fresh high confirms strong bullish momentum, making it unlikely that the market would conclude its cycle with only three swings.

From the November low, wave 1 ended at 24,474.62. A corrective decline followed, with wave 2 finishing at 23,923.96. This pullback unfolded in a zigzag structure: wave ((a)) ended at 24,173.28, wave ((b)) at 24,318.30, and wave ((c)) at 23,927.96. The completion of this sequence marked the end of wave 2 at a higher degree.
The index then resumed higher in wave 3. From the termination of wave 2, wave ((i)) ended at 24,356.11, while wave ((ii)) retraced to 24,203.37. A strong rally in wave ((iii)) carried prices to 25,428.43. Wave ((iv)) corrected modestly to 25,338.30, and the final leg, wave ((v)), extended to 25,507.79. This completed wave 3 at a higher degree.

Currently, wave 4 is unfolding as a corrective phase. It is designed to adjust the cycle from the December 18, 2025 low before the next upward stage begins. In the near term, as long as the pivotal support at 23,927.96 remains intact, the expectation is for the decline to stabilize. Support is likely to appear in a three, seven, or eleven-swing structure, setting the stage for renewed upside momentum.

DAX 60 minute chart

Attached Image (click to enlarge)

DAX Elliott Wave video:

Inserted Video

Source: https://elliottwave-forecast.com/new...tes-room-rise/
Get 14 days Trial --> Click Here

DAX Elliott Wave Outlook: Bullish Sequence Indicates Room to Rise
The DAX Index advanced in a clear three-swing rally from the November 21, 2025 low, reaching a new all-time high. Elliott Wave Theory states that a sustained trend typically develops in five waves, not three. The fresh high confirms strong bullish momentum, making it unlikely that the market would conclude its cycle with only three swings.

From the November low, wave 1 ended at 24,474.62. A corrective decline followed, with wave 2 finishing at 23,923.96. This pullback unfolded in a zigzag structure: wave ((a)) ended at 24,173.28, wave ((b)) at 24,318.30, and wave ((c)) at 23,927.96. The completion of this sequence marked the end of wave 2 at a higher degree.
The index then resumed higher in wave 3. From the termination of wave 2, wave ((i)) ended at 24,356.11, while wave ((ii)) retraced to 24,203.37. A strong rally in wave ((iii)) carried prices to 25,428.43. Wave ((iv)) corrected modestly to 25,338.30, and the final leg, wave ((v)), extended to 25,507.79. This completed wave 3 at a higher degree.
Currently, wave 4 is unfolding as a corrective phase. It is designed to adjust the cycle from the December 18, 2025 low before the next upward stage begins. In the near term, as long as the pivotal support at 23,927.96 remains intact, the expectation is for the decline to stabilize. Support is likely to appear in a three, seven, or eleven-swing structure, setting the stage for renewed upside momentum.
DAX 60 minute chart

DAX Elliott Wave video:

ASML Holding (ASML) Favors Rally Towards 1457.74
ASML Holding N.V., (ASML) provides lithography solutions for the development, production, marketing, sales, upgrading & servicing semiconductor equipment systems. It also offers hardware, software & services to chipmakers to produce the patterns of integrated circuits. It comes under Technology sector & trades as ‘ASML’ ticker at Nasdaq.

ASML trading at ATH, broke the price channel in weekly, favoring rally against April-2025 low. It favors upside in (5) of ((1)) & expect further upside towards $1457.74 before correcting next.
In weekly, it ended (I) at $895.93 in September-2021 & (II) at $363.15 low in October-2022. Above there, it is showing nest structure & favors rally to continue against April-2025 low. Above October-2022 low, it ended I of (III) at $1110.09 high & II at $578.51 low. Within I, it placed ((1)) at $771.98 high, ((2)) at $564 low, ((3)) at $1056.34 high, ((4)) at $849.14 low & ((5)) at $1110.09 high. Within ((2)), it ended ((A)) at $767.41 low, ((B)) at $945.05 high & ((C)) at $578.51 low in zigzag correction.
ASML – Elliott Wave Latest Weekly View:

Above II low, it favors rally in ((1)) of III. It ended (1) at $826.56 high, (2) at 684.24 low, (3) at $1086.11 high, (4) at $946.11 low & favors upside in (5). Within (5), it ended 1 at $1141.72 high, 2 at $1010.01 low & favors upside in 3. It expects soon to end 3 of (5) and pullback in 4 against 12.15.2025 low before final push to end ((1)). It should extend rally towards $1334.14 – $1457.74 area to end ((1)) before correcting next. Buyers can look to buy the next pullback in 3, 7 or 11 swings in ((2)) against April-2025 low in daily. It already broke channel, indicates bullish bias. The rally within III already extend above $1327.3 level as equal leg area of I, indicates more upside is likely.
ASML is not the part of regular service at EWF. But we provide time to time updates on instruments 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 us for 14 days for only $0.99 (limited time offer). Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.

Elliott Wave Outlook: Dow Futures (YM) Correcting Cycle From Nov 2025

The short-term Elliott Wave view in Dow Futures (YM) indicates that the cycle from the November 21, 2025 low has concluded as a five-wave diagonal. From that low, wave ((i)) advanced to 49,299, followed by a corrective pullback in wave ((ii)) that reached 48,092, as shown in the one-hour chart. The subsequent rally in wave ((iii)) unfolded as a clear five-wave impulse. Within this sequence, wave (i) terminated at 48,686, while wave (ii) retraced to 48,556. Momentum then carried wave (iii) higher to 49,463, before a modest pullback in wave (iv) ended at 49,096. The final push in wave (v) reached 49,899, completing wave ((iii)). Afterward, the index corrected in wave ((iv)) toward 49,001, and the final leg in wave ((v)) advanced to 49,899, thereby completing wave 1 of a higher degree cycle.

Currently, the index is retracing in wave 2, correcting the advance from November 21. The internal structure of wave 2 is unfolding as a zigzag formation. From the peak of wave 1, wave (i) declined to 49,057, while wave (ii) rallied to 49,799. The downward move in wave (iii) reached 48,689, and wave (iv) rebounded to 49,095. The market is now expected to complete wave (v) of ((a)) shortly. Once this occurs, a corrective rally in wave ((b)) should follow, addressing the cycle from the January 13, 2026 high. This rally is anticipated to unfold in three, seven, or eleven swings, consistent with Elliott Wave guidelines. Afterward, the index is projected to resume its downward trajectory, continuing the broader corrective phase.

Dow Futures (YM) 60 minute chart

Attached Image (click to enlarge)

YM Elliott Wave video:

Inserted Video

Source: https://elliottwave-forecast.com/new...ycle-nov-2025/
Get 14 days Trial --> Click Here

Elliott Wave View: Light Crude Oil (CL) Looking for Larger Degree Correction

The short-term Elliott Wave outlook for Oil (CL) shows the cycle from the June 23, 2025 peak ended at the December 16, 2025 low of $54.98. After this completion, Oil began correcting the prior cycle in a larger degree, expected to unfold in either three or seven swings. From the December 16 low, wave ((i)) advanced to $58.88. The pullback in wave ((ii)) developed as a zigzag structure. Within this correction, wave (a) ended at $56.65, wave (b) reached $58.87, and wave (c) declined to $55.76. This sequence completed wave ((ii)) in higher degree.

Oil then resumed higher in wave ((iii)), subdividing into five waves. From wave ((ii)), wave (i) ended at $57.17, followed by a pullback in wave (ii) that concluded at $55.86. Wave (iii) advanced to $59.8, while wave (iv) corrected to $58.45. The final leg, wave (v), extended to $62.36, completing wave ((iii)) in higher degree. A corrective phase unfolded in wave ((iv)), again forming a zigzag. From wave ((iii)), wave (a) ended at $59.19, wave (b) advanced to $61.85, and wave (c) declined to $58.7. This completed wave ((iv)) in higher degree. Oil has since turned higher in wave ((v)). From wave ((iv)), wave (i) ended at $60.68, while the pullback in wave (ii) concluded at $59.22. Near term, as long as the pivot at $55.76 remains intact, Oil is expected to continue higher.

Oil (CL) 60 minute chart

Attached Image (click to enlarge)

CL Elliott Wave video:

Inserted Video

Source: https://elliottwave-forecast.com/new...ee-correction/
Get 14 days Trial --> Click Here

Elliott Wave View: Light Crude Oil (CL) Looking for Larger Degree Correction
The short-term Elliott Wave outlook for Oil (CL) shows the cycle from the June 23, 2025 peak ended at the December 16, 2025 low of $54.98. After this completion, Oil began correcting the prior cycle in a larger degree, expected to unfold in either three or seven swings. From the December 16 low, wave ((i)) advanced to $58.88. The pullback in wave ((ii)) developed as a zigzag structure. Within this correction, wave (a) ended at $56.65, wave (b) reached $58.87, and wave (c) declined to $55.76. This sequence completed wave ((ii)) in higher degree.

Oil then resumed higher in wave ((iii)), subdividing into five waves. From wave ((ii)), wave (i) ended at $57.17, followed by a pullback in wave (ii) that concluded at $55.86. Wave (iii) advanced to $59.8, while wave (iv) corrected to $58.45. The final leg, wave (v), extended to $62.36, completing wave ((iii)) in higher degree. A corrective phase unfolded in wave ((iv)), again forming a zigzag. From wave ((iii)), wave (a) ended at $59.19, wave (b) advanced to $61.85, and wave (c) declined to $58.7. This completed wave ((iv)) in higher degree. Oil has since turned higher in wave ((v)). From wave ((iv)), wave (i) ended at $60.68, while the pullback in wave (ii) concluded at $59.22. Near term, as long as the pivot at $55.76 remains intact, Oil is expected to continue higher.
Oil (CL) 60 minute chart

CL Elliott Wave video: