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Wheat Continued Rally Higher After Zigzag Correction
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Wheat Futures (ZW_F). The 4 hour chart update from September 9 shows that wheat has ended the cycle from August 12 low as wave 3 at 568.4 high. A 3 waves pullback in wave 4 is expected to unfold […]
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Elliott Wave View: Rally in Netflix is Expected to Fail
Read MoreNetflix is doing a double three correction from September 2 high. While below September 16 high, expect bounce in 3,7,11 swings to fail in the near term.
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Elliott Wave View: Support Area for Silver
Read MoreSilver extended lower from 8/7 high. While below 9/15 high, silver can see more downside. However, the metal can see support at the equal leg from 8/7 high.
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Elliott Wave View: S&P 500 E mini Futures (ES) Correction In Progress
Read MoreES_F is correcting cycle from June 15 low as double three correction. While below September 17 high, expect bounce in 3,7,11 swings to fail.
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Elliott Wave View: EURUSD Will Remain Supported in Dips
Read MoreEURUSD is doing a double correction from 9/1 high. The pair can see another leg lower while below 9/10 high before upside resume again.
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Elliott Wave View: Correction in Oil Completed
Read MoreOil ended the correction from August 26 high. While above September 8 low, expect dips in 3,7,11 swings to find support for more upside.