Elliott Wave Forecast : Analysis and Trading Signals

AMD continues to maintain a strong long-term bullish outlook despite the ongoing correction. The stock remains within the third cycle of a larger third supercycle that began from the October 2022 low, suggesting the current decline is corrective and should present another buying opportunity before the next leg higher.

XLI (State Street Industrial Select Sector SPDR ETF) has been unfolding a bullish impulse from the March 30, 2026 low, maintaining a higher‑high sequence that favors continued upside. Our strategy guided members to avoid selling and instead focus on buying dips in 3, 7, or 11 swings at defined blue box areas.

MP Materials Corp., (MP) produces rare earth materials in the Western Hemisphere together with its subsidiaries. It operates in two segments: Materials & Magnetics. It comes under Basic Materials sector & trades as “MP” ticker at NYSE.

Since inception in weekly, MP shows three swing higher high from June-2020 low. It shows

Tesla (TSLA) remains under pressure after turning lower against the 413.23 high on the 1-hour timeframe. Since that peak, the stock has completed a five-wave decline, which we are labeling as wave ((iii)), ending at 304.28. TSLA has now turned higher, suggesting that wave ((iv)) is in progress as a corrective bounce. In the near term, we may see...

I am already riding two EURUSD sell entries. Another possible sell opportunity could be forming for traders that are not in yet.

EURUSD Possible Bearish Scenario