Copper (HG_F) Buying The Dip From The Blue Box Area
In this blog, we’re going to take a quick look at the Elliott Wave chart of copper. The chart from 1.3.2020 update showed that copper ended the cycle up from…
Crude Oil Prices Jump as Middle East Tension Escalated
Crude Oil prices jumped by more than $2 after US drone strike killed top Iranian general. Fears mount that Iran may target the oil industry infrastructure across the region in…
SUGAR ( $SB_F ) Forecasting The Path & Buying The Dips
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGAR ( $SB_F ) published in members area of the…
Elliott Wave View: Soybean Impulsive Rally Favors Upside
Soybean (ZS_F) cycle from May 13, 2019 low shows an incomplete 5 swing sequence, favoring further upside to end 7 swing double zigzag structure. On the 4 hour chart below,…
$XAUUSD Elliott Wave View: Can Be Nesting Higher
Short-term Elliott Wave view in $XAUUSD suggests that the rally from November 12, 2019 low can be nesting higher as an impulse structure looking for more upside still. However, if…
Elliott Wave View: Copper Rallying as an Impulse
Short-term Elliott Wave view in Copper (HG_F) suggests that the metal is rallying as a 5 waves Elliott wave impulsive structure from November 15, 2019 low. Up from there, wave ((i)) ended…
Elliott Wave View: Impulsive Rally in 10 Year Notes (ZN_F)
Short Term Elliott Wave view on Ten Year Notes (ZN_F) suggests that the decline to 128 ended wave w. Wave x bounce is unfolding as a zigzag Elliott Wave structure.…
Elliott Wave View: Rally in Oil (CL_F) Remains Corrective
The rally in Oil (CL_F) from October 3 low ($50.99) looks overlapping and corrective. This suggests the current rally is likely not a new bullish cycle. The structure of the…
Silver Elliott Wave View: Incomplete Sequence Calling More Downside
Short term Elliott Wave view suggests the rally in Silver ( $XAGUSD) to $18.32 high ended wave (X) bounce. Down from there, wave (Y) remains in progress & shows an…