EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover, other Yen pairs like CADJPY and SEKJPY are showing incomplete bearish sequence which also supports the idea of […]

Corn Futures have been trade lower for the last couple of months so today we would take a look at how we called the decline in Corn Futures based on the initial decline from June 2019 being in 5 waves and incomplete sequence from October 2019 peak. Let’s take a look at the daily chart […]

In this article, we will look at DELTA AIRLINES (DAL) to make sense of the recent huge volatility in the stock market caused by Corona virus pandemic which has now spread to over 200 countries in the World. The financial markets made huge declines but as is often the case, some sectors always get hit […]

In this article, we look at the long-term view of IBM which we believe ended an Elliott Wave Grand Super Cycle from all time the low and is currently correcting that cycle. We will look at the preferred structure of the pull back, where we are within the correction, what is the swing sequence suggesting […]

Back in October 2019, we mentioned that SEKJPY had reached extreme area down from September 2017 peak and should bounce soon in 3 or 7 swings which should fail for more downside. In this article, we will look at the price action which followed since then and what is expected next in the pair. First […]

ZS_F (Soybean Futures) decline from 961’4 peak to 868’6 low was in 5 waves as 4 Hour chart below shows and thus, we expected bounces to fail below 961’4 peak for another round of selling in 5 waves. Soybean Futures bounced in 3 waves to 902’0 high and broke below the low at 868’6 suggesting […]