Elliott Wave Analysis by EWF

[Elliottwave-Forecast]

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Natural Gas futures ticker symbol: $NG_F. The rally from the 31 January 2025 low showed a higher high sequence & provided a short-term opportunity at the blue box area. In this case, the pullback managed to reach the Elliott wave blue box area & reacted strongly. So, we advised members not to sell Natural Gas but to buy the pullbacks in 3, 7 or 11 swings. We will explain the structure & forecast below:

Natural Gas 1-Hourr Elliott Wave Chart From 3.07.2025​

Here’s the 1-hour Elliott wave Chart from the 3.07.2025 Asia update. In which, the rally to $4.551 high ended wave ((i)) & made a pullback in wave ((ii)). The internals of that pullback unfolded as Elliott wave zigzag structure where wave (a) ended at $4.227 low. A short-term bounce to $4.518 high then ended wave (b) & started the next leg lower in wave (c) towards $4.195- $3.993 blue box area. From there, buyers were expected to appear looking for new highs ideally or for a 3-wave bounce minimum.

Natural Gas Latest 1-Hour Elliott Wave Chart From 3.11.2025​

Above is the Latest 1-hour Elliott Wave Chart from the 3.11.2025 Asia update. In which the Natural Gas is showing a perfect reaction higher taking place from the blue box area. Allowed members to create a risk-free position shortly after taking a long position. Since then, the $NG_F has already made a new high above $4.551 high confirming the next extension higher towards $5.226- $5.577 target area.

Source: https://elliottwave-forecast.com/commodities/natural-gas-reacted-strongly-blue-box/

 

[Elliottwave-Forecast]

Hello everyone! In today’s article, we’ll examine the recent performance of Nike Inc. ($NKE) through the lens of Elliott Wave Theory. We’ll review how the rally from the February 07, 2025, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.

7 Swings WXY correction​

$NKE 1H Elliott Wave Chart 3.03.2025:​

In the 1-hour Elliott Wave count from March 03, 2025, we see that $NKE completed a 5-wave impulsive cycle beginning on February 07, 2025, and ending on February 26, 2025, at the blue (1). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $76.70 and $74.05.
This setup aligns with a typical Elliott Wave correction pattern (WXY), where the market pauses briefly before resuming the main trend.

$NKE 1H Elliott Wave Chart 3.10.2025:​

The update, from March 10, 2025, shows that $NKE reacted as predicted. After the decline from the recent peak, the stock found support in the equal legs area, leading to a bounce. As a result, traders could adjust to go risk-free.

Conclusion​

In conclusion, our Elliott Wave analysis of Nike Inc. ($NKE) suggested that it could bounce in the short term. Therefore, traders should be risk-free and keep an eye out for any corrective pullbacks. By using Elliott Wave Theory, we can identify potential buying areas and enhance risk management in volatile markets.
Source: https://elliottwave-forecast.com/stock-market/nike-inc-nke-blue-box-area-offered-buying-opportunity/