Intercontinental Exchange (ICE) Analysis: Is it ready for next multi-year rally?

Elliott Wave Forecast Team ElliottWave-Forecast.com

Intercontinental Exchange, Inc., (ICE) provides technology & data to financial institutions, corporations & government entities in the US & globally. It operates through 3 segments: Exchanges, Fixed Income & data services & Mortgage Technology. It comes under financial services sector & trades as “ICE” ticker at NYSE.

ICE proposed ended the larger monthly pullback at $121.79 low (6.29.2026). Above there, it favors rally in ((III)) impulse sequence, which confirms above $191.48 high of 7.29.2025. Buyers can enter the pullback in clear 3, 7 or 11 swings at extremes.

ICE – Elliott Wave Latest four-hour view

In Monthly, it ended (I) of ((I)) at $38.98 high (2007), (II) at $9.94 (2008), (III) at $139.79 high (2021), (IV) at $88.60 low (2022) & (V) at $191.48 high (2025). Within (V), it ended I at $118.79 high, II at $104.49 low III at $177.45 high, IV at $147.24 low & V at $191.48 high as (V) as ((I)). Below 7.29.2025 high, it placed (a) of ((II)) at $143.17 low (b) as triangle at $161.34 high & (c) at $121.79 low as zigzag structure. Currently, it favors corrective pullback in ((2)) of I of (I) of ((III)) against 6.29.2026 low. It ended ((1)) of I at $164.66 high.

ICE – Elliott Wave latest daily view

Within ((1)), it ended (1) at $138.53 high, (2) at $131.52 low, (3) at $163.39 high, (4) at $156.94 low & (5) at $164.66 high. Below ((1)) high, it favors lower in (A) of ((2)) & expect one more push lower to finish it. It ended 1 of (A) at $154.95 low, 2 at $163.94 high, 3 at $152.08 low 4 at $157.22 high. It expects 5 of (A) to extend towards $150.92 – $148.98 area to end it before bounce in (B) connector. Later it should extend lower in (C) leg in extreme area to finish ((2)) against June low. Buyers/Investors can enter there for next rally or at least 3 swings bounce against July-2025 high. Until it breaks above July-2025 high, it still can do larger double correction, if breaks below $121.79 low in alternate scenario.

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Elliott Wave Forecast Team

ElliottWave-Forecast.com

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