Elliott Wave View: OIL Can Extend Lower In Correction
Short term Elliott wave view in OIL ( $CL_F) suggests that the main cycle from April 2020 low remain bullish to the upside favoring more upside. Near-term, the rally from…
Elliott Wave View: Oil (CL) Impulsive Rally In Progress
Rally in Oil (CL) from Nov 2 low is unfolding as 5 waves impulsive Elliott Wave structure. In the 60 minutes chart below, we can see wave 3 of this impulse…
$U : Uranium Participation Corporation Ramping Up
Uranium Participation Corporation (UPC) is a holding company which invests its assets long-term in the uranium, both in form of uranium oxide and uranium hexafluoride. Founded in 2005, UPC has…
Post-Pandemic Future Demand Recovery Supports Oil
The news that Covid-19 vaccines will soon be available to fight the pandemic has boosted the global oil markets. Demand has plummeted since the start of the pandemic. Organization of…
Elliott Wave view: Copper (HG) Still Has Further Upside
Short term Elliott Wave view in Copper (HG) suggests that the dips to 3.11 on November 11 ended wave ((ii)). The metal has resumed higher and ended wave ((iii)) at…
Will Rising Prices in Hard Red Winter Wheat Make Bread Lovers Suffer?
Hard Red Winter Wheat is one of the grain commodities, along with soft red wheat, corn, soybeans and others. Within the wheat family, first of all, there is a fundamental…
Elliott Wave View: Pullback in Oil Should Stay Supported
Oil (CL_F) shows a bullish sequence from April 22, 2020 low calling for further upside. Near term, rally from November 2, 2020 low is unfolding as a 5 waves impulsive…
Elliott Wave View: Potential Target for Gold’s Correction
Short Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott…
Elliott Wave View: Short Term Weakness in Silver Still Expected
Short Term Elliott Wave view in Silver (XAGUSD) suggests the metal remains in complex correction. Decline from August 7 peak (29.86) is unfolding as a double three Elliott Wave Structure.…
