Greetings and salutations fellow traders. In this blog, we examine the recent buying opportunity presented by Coffee. Looking at the Elliott Wave 1 hour chart from 6/3/2021, we see a rally from $143.85 red wave 2 lows. We anticipated the rally to complete five  wave impulse in the blue degree. As shown in the chart from 6/3/2021, […]

Natural Gas Resumed Higher After It found Buyers In The Blue Box In this blog, we take a look at the short term view on Natural Gas reaching the blue box and reacting higher after finding buyers. On the 1 hour chart from 5/11/2021, the commodity rallied in  5  impulse waves in the subminuette (red) degree. This […]

In today’s blog, we take a look at short term Elliott Wave view on Sugar (SB) Sugar has the right side up against red wave 2 lows at $15.33. Up from there, one can see a clear Elliott Wave five wave impulse. The commodity completed the upside rally at around $17.79 area for red wave 3.  […]

XLI is an exchange traded fund (ETF) that tracks performance of the U.S industrial sector. In this blog, we look at an Elliott Wave analysis of the recent short term. Below, we have an Elliott Wave 1 hourly chart from 4/21/2021, wherein the ETF peaked at red wave 3 area. As per Elliot Wave theory, […]

Today we look at Facebook (FB) after reaching the blue box, and its potential to continue higher Looking at the 1 hour chart from 4/14/2021 below, we see a five wave sequence up from the $277.10 levels. This move completed a cycle in red wave 3. Within the red wave 3 itself, we see a […]

In this blog we take a look at US Real Estate ETF (IYR) reaction higher from the blue box. The 1 hour chart below is an update from 3/8/2021.We see that IYR peaked at the 90.50 to 91.00 area and completed black wave ((3)) of an anticipated leading diagonal. Down from there, the ETF made 7 […]