Soybean at Risk of Further Selloff as Trade War Escalates
Summary The months-long trade negotiation between the U.S and China has failed to reach an agreement. Sticking points of the negotiation centers around intellectual property and technology transfer. The two…
Elliott Wave View Calling for More Downside in Oil
Elliott Wave view on Oil (CL_F) suggests a 5 waves decline from April 22 peak ($66.6) which ended wave (1) at $60.04. In the chart below, we can see wave…
Coffee: Elliott Wave Impulse In Progress
Last month, we looked at the bearish incomplete sequence in $KC_F (Coffee) since 11.8.2016 peak but today we would be looking at the Elliott wave structure of the decline from…
COPPER Forecasting The Decline From The Blue Box Area
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of Copper futures published in members area of the website. As our members…
Gold Elliott Wave View: Showing Impulsive Decline
Gold higher time frame cycles suggest that cycle from 8/16/2018 low ended 5 waves advance on February 20, 2019, at $1346.75 high. Since then, Gold is going lower in an…
GOLD ( $XAUUSD ) Incomplete Bearish Sequences Calling The Decline
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website. GOLD has had incomplete…
Elliott Wave View: Further Strength in Oil
Short term Elliott Wave view on Oil suggests the pullback to $63 ended wave 4. Rally in wave 5 is currently in progress and subdivides as an Elliott Wave impulse…
KC_F: Prices to Slide Further as Sellers Still in Control
Coffee Futures (KC_F) formed a lower high in October 2018 and have been declining since then. In the last 6 months, KC_F lost approximately 27.8% dropping from a high of…
Elliott Wave View: Further Correction in Gold Expected
After forming a high on February 20, 2019 at $1346.75, Gold has continued to correct lower. The structure of the pullback from February 20 high appears incomplete. This suggests further…
