IBEX 35 Shows Why World Indices Might Not Be Ready to Rally
IBEX 35Â is the benchmark Stock Market Index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a…
$SLV Ishares Silver Trust Elliott Wave and Larger Cycles
$SLV Ishares Silver Trust Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The…
Barrick Gold Corporation (NYSE: GOLD): Strong Impulse Rally In Progress
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. Year-to-Date, the stock is up around 45%. The combination of low Oil's price (major cost component for miners)…
Newmont Corporation (NYSE: NEM) – Impulsive Bullish Structure
Newmont Corporation (NYSE: NEM)Â is the world's largest Gold mining company. Since the major low in the precious metal back in 2015 around $1050, many mining stocks rallied significantly and managed…
Sona Nanotech (CSE: SONA, OTC: SNANF) Cycle Near Completion
The next entry in the theme of Corona Virus stocks is Sona Nanotech. Normally I would cover a major listed stock on a USA exchange. However, Sona Nanotech has an…
Tesla Elliott Wave View: Buying The Wave Four Pullback
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Tesla Motors ticker symbol: $TSLA. In which, the…
IBEX-35 from Spain Showing Incomplete Bearish Sequence
Spain is one of the hardest hit European countries by Covid-19 pandemic. Unsurprisingly, Spain main index IBEX-35 plunged just like the rest of the world's indices. The biggest impact happened…
Elliott Wave View: Tesla (TSLA) Correcting Cycle from March Low
Short Term Elliott Wave outlook in Tesla (TSLA) suggests the stock ended cycle from March low at 886.09 as wave ((1)). Internal of wave ((1)) unfolded as a 5 waves impulsive…
Elliott Wave View: Google (GOOGL) Ending 5 waves Impulse
In the aftermath of COVID-19 selloff, Alphabet (GOOGL) formed a low on March 23, 2020 at 1008.87. From there, the stock is rallying as a 5 waves impulsive Elliott Wave structure.…
