Preferred wave count suggests wave ( 4) low is in place, wave 3 of ( 5 ) is still in progress which can test 3.08% before  wave 4 of ( 5 ) pull back starts. We don’t like selling yields in proposed wave 4 pull back and strategy remains to buy the dips in 3, […]

The cycles from 102.47 appears to have completed and pair is in wave X. The trend & cycles are positive so we don’t like selling the pair but corrective dips in 3, 7 or 11 swings ideally toward 103.59 – 103.95 area would offer a buying opportunity. This view is valid as far as pivot […]

The cycles from 101.60 should be ending with a test of 105.34 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave ( 3 ) completes.  

The cycles from 101.60 should be ending between 104.90 – 105.41 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave (( w )) / ( 3 ) […]

We think wave ((B)) completed & after further strength toward 10081,  we see another 3 wave drop toward 9600 in B as the next chance to get into long positions per the primary view.  Cycles are positive so we don’t like selling the Index in any proposed wave (( iv )) or B pull backs.

Wave A is over and wave B pull back has started. Expect lower prices toward 3.21 – 3.23 to complete wave B before metal turns higher in wave C. Hourly cycles are positive so we don’t recommend selling into proposed swing lower. As there is no red boxes on the chart, so we don’t like […]