Elliott Wave Analysis: OIL Starting The Next Leg Lower
OIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in progress as…
OIL Elliott Wave Analysis: Larger Correction Taking Place?
OIL short-term Elliott wave analysis suggests that the rally to $75.28 high ended cycle degree wave III. Down from there, the larger correction in cycle degree wave IV is taking…
COFFEE Elliott Wave Analysis: Forecasting The Decline
Hello fellow traders. Today, we will have a look at some Elliott Wave charts of COFFEE which we presented to our members in the past. Below, you can find our 1-hour…
OIL Elliott Wave View: Providing Buying Opportunity Soon
OIL short-term Elliott Wave view suggests that the pullback to $63.39 on 6/18/2018 low ended primary wave ((4)). Up from there, the instrument rallied strongly to the upside and went on…
OIL Elliott Wave Analysis: Rallying Higher In An Impulse Structure
OIL short-term Elliott Wave view suggests that the pullback to $63.59 on 6/18/2018 low ended primary wave ((4)). Up from there, the instrument reacting strongly to the upside and internals of…
OIL Elliott Wave Impulse Structure Calling For More Upside
OIL short-term Elliott Wave view suggests that the decline to $63.59 on 6/18/2018 low ended primary wave ((4)) pullback. Above from there, the instrument has rallied to new highs already.…
Soybean Hit 9 Year Low Due to Trade War
Early this week the price of Soybean futures (ZS_F) plunged to a new low in more than 9 years due to the tit-for-tat trade war between U.S. and China. Soybean…
(PA_F) Palladium Buying Opportunity Ahead?
Palladium ended a cycle from January 2016 low (452.63) and the pull back should be a Palladium Buying Opportunity. Rally from January 2016 low can be counted as an Elliott…
Oil Price on Holding Pattern Ahead of OPEC meeting
The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna next week to discuss potential reduction or revision to the 1.8 million barrels/day production cut put in place…