Datadog (DDOG) Elliott Wave: Wave (5) Targets 278 and 373
Parker-Hannifin Remains in a Strong Long-Term Bullish Elliott Wave Cycle Parker-Hannifin Corporation (NYSE: PH) continues to exhibit a strong bullish Elliott Wave structure on the monthly chart. Since completing a major blue wave II correction in 2020, the stock has maintained a powerful uptrend, confirming that the larger bullish cycle remains intact. The rally from the 2020 low has unfolded in a clear impulsive sequence and is currently progressing within blue wave (III). Within this larger wave, Parker-Hannifin completed red wave I, followed by a corrective red wave II, an extended red wave III, and a corrective red wave IV. The recent pullback labeled red wave IV now appears complete, and the latest price action suggests the stock has already resumed higher in red wave V, the final leg
S&P 500 ETF (SPY) Eyes Renewal of Uptrend Following Corrective Phase
The short‑term Elliott Wave outlook for the S&P 500 ETF (SPY) indicates that the cycle from the March 31 low concluded at $760.4 in wave (1). Following this advance, the corrective phase in wave (2) appears to have ended at $716.55, as reflected in the 45‑minute chart. For confirmation of a sustained bullish cycle, the ETF must decisively break above the prior wave (1) peak at $760.4. Such a move would eliminate the risk of a double correction and strengthen the case for renewed upward momentum. The internal structure of wave (2) unfolded as a classic zigzag pattern. Wave A terminated at $721.23, while wave B reached $756.68. Subsequently, wave C declined to $716.55, completing the corrective sequence in higher degree. From that point, the ETF has turned upward in wave (3). Within this
Johnson & Johnson (JNJ) engages in research & development, manufacture & sale of range of products in the healthcare sector worldwide. It operates through Innovative Medicine & MedTech. It comes under Healthcare sector & trades as “JNJ” at NYSE. The JNJ favors rally in ((5)) targeting $271.37 or higher to extend January-2025 rally expected before. It favors rally in (3) of ((5)) from blue box area. Short term pullback in 3, 7 or 11 swings remain supported in 9 swing impulse rally. JNJ – Elliott Wave Latest Daily View: In weekly, it ended (I) impulse at $186.69 high in April-2022 & (II) correction at $140.68 low in January-2025. The pullback in (II) as choppy double three structure. Within (II), it ended w at $150.11 low, x at $175.97 high & y at $140.68 low. Abo
EURUSD : Catching the 336 Pip Move Lower and Hitting the 4R Target
On May 14 2026 I posted on social media, @AidanFX , the EURUSD weekly chart sell setup with entry, stop and targets. EURUSD Weekly Chart May 14 2026 (Entry) EURUSD, trading, elliottwave, market patterns, forex, @AidanFX, AidanFX EURUSD Weekly Chart June 23 2026 (4R Target HIT) Sell trade entered May 14 2026 at 1.1713 with a 84 pip stop loss at 1.1797. On June 23 2026 EURUSD hit the 4R target at 1.1377 where I closed the sell trade for +336 pips and a +4% gain. (Risking 1% on every trade) A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. If you followed me on social media you too could have caught the EURUSD move lower.
Elliott Wave View: GBPJPY Advancing to Finish Five Wave Diagonal
The short‑term Elliott Wave view in GBPJPY shows the cycle from the April 30, 2026 low unfolding as a diagonal. From that low, wave ((i)) ended at 214.05, followed by a corrective pullback in wave ((ii)) that reached 211.18. The pair then advanced in wave ((iii)) toward 215.6. A retracement in wave ((iv)) completed at 212.34, as reflected in the one‑hour chart. This sequence sets the foundation for wave ((v)), which is developing as a five‑wave structure. From the end of wave ((iv)), wave (i) advanced to 214.67. The subsequent pullback in wave (ii) concluded at 212.53. In the near term, as long as the pivot at 212.53 remains intact, pullbacks should find support in either a three‑swing or seven‑swing corrective sequence. This support is expected to guide the pair higher, completing wave ((
PLTR Breaks Lower: Eyeing Key Support for a Rally Recharge
Palantir (PLTR) will likely post another strong quarter, supported by rapid U.S. commercial growth and expanding AIP adoption. Moreover, analysts expect higher revenue near $1.80B and EPS near $0.33, which signals continued momentum. Additionally, demand still exceeds capacity, so management may highlight scaling challenges and rising costs. Even so, guidance trends remain bullish, suggesting sustained growth and improving profitability through the next quarter. Elliott Wave Outlook: PLTR Daily Chart Analysis March 09, 2026 Elliott Wave Outlook: PLTR Daily Chart Analysis March 09, 2026 In March 2026, we saw the impulse finish inside the projected zone with both waves (III) and (V) extending. Moreover, wave IV retraced deeply yet still respected all Elliott Wave rules, which kept the struct
CBA-ASX, Commonwealth Bank of Australia (ASX: CBA) is extending the bearish cycle from June 2025 high. it could be eyeing the blue box where it becomes attractive to buyers again. Commonwealth Bank of Australia (ASX: CBA) is Australia’s largest bank and one of the country’s most valuable publicly listed companies. Founded in 1911 and headquartered in Sydney, the bank provides retail, business, institutional, and wealth management services to millions of customers across Australia and New Zealand. CBA-ASX is widely recognized for its strong market position, digital banking leadership, and consistent profitability. Its core businesses include home lending, deposits, business banking, credit cards, payments, and institutional banking, making it a cornerstone of Australia’s financial sector. C
Astera Lab, ALAB, is retreating after over 340% gain between April and June 2026. How deep can the pullback go before the stock enters the next bullish phase? Astera Labs is a semiconductor company that builds high-speed connectivity chips and software for AI and cloud data centers. Its products help CPUs, GPUs, memory, and networks communicate faster and more efficiently, making large AI systems and data centers perform better. Founded in 2017 and headquartered in San Jose, California, Astera Labs is a key beneficiary of the growing demand for AI infrastructure. ALAB Elliott Wave Analysis – Daily Chart The stock launched its IPO on 19th March 2024 at $36 per share. It got listed on 20th March 2024 with a ticker ALAB (NASDAQ) and immediately traded at $50.6 before jumping to $95.2 about a
In the world of trading, timing is everything. The EURGBP chart below highlights an important lesson in market analysis: waiting for the right area of interest can make the difference between chasing price and positioning with a clear plan. Using Elliott Wave analysis, the market structure suggested that EURGBP was not in a favorable area to Sell immediately. Instead, the focus was placed on waiting for price to complete its corrective pattern and reach the projected Blue Box area, where a higher-probability reaction was expected. The Elliott Wave Roadmap The chart shows EURGBP developing a corrective structure. The analysis identified that price was moving through a wave sequence and that the final leg higher was expected to complete inside the Blue Box area. Rather than buying into stren
Gold (XAUUSD) reached its record high at $5598.75 on January 29, 2026, before entering a sustained corrective phase. The decline has lasted five months and is unfolding as a double three structure. This formation projects an extreme downside target in the $3040–$3400 range, assuming no truncation occurs. The short‑term sequence from the June 18 high is progressing as a five‑wave impulse, reinforcing the bearish bias. Wave 1 ended at $4218.42, followed by a corrective rally in wave 2 that terminated at $4330.01. The metal then resumed lower in wave 3, reaching $3958.81. A modest rally in wave 4 is proposed complete at $4044.29. The expectation is for gold to continue lower in wave 5, which should also complete the higher degree wave (A). Once this leg concludes, a corrective rally in wave (