Junior Gold Miners (GDXJ) Have Ended Correction
Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a…
Elliott Wave View: EURUSD Should Continue Lower
Short-term Elliott wave view in EURUSD suggests the decline from May 25, 2021 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from May 25, wave (1)…
Elliott Wave View: S&P 500 (SPX) Extending Higher in Wave 5
Short-term Elliott wave view in S&P 500 (SPX) suggests the rally from October 4, 2021 low is in progress as a 5 waves impulse. Up from there, wave 1 ended…
Elliott Wave View: DAX Finishing Wave 5
Short-term Elliott wave view in DAX suggests the rally from October 6, 2021 low is in progress as a 5 waves impulse. Up from there, wave 1 ended at 15267.92…
Elliott Wave View: Energy ETF (XLE) Wave 5 In Progress
Short-term Elliott wave view in Energy ETF (XLE) shows a 5 waves impulse structure from August 19, 2021 low. Up from there, wave 1 ended at 49.69 and pullback in…
Soybean Has Reached Support Area
The fundamental outlook for Soybean (ZS) and other agricultural commodities continue to look bright. The major cost component of agricultural commodities is the energy prices. Farmers require gasoline to operate…
Silver Miners ETF (SIL) Has Ended Correction
In our article at the end of last month, we warned that Silver Miners ETF (SIL) has already reached support area. Thus the ETF is ready to turn higher anytime and…
Elliott Wave View: Nasdaq (NQ) Should Continue Higher
Nasdaq Futures (NQ) breaks to a new all time high above the previous peak on September 7, 2021 at 15708.75. This suggests that buyers remain in control and the next…
Elliott Wave View: S&P 500 Futures (ES) Breaking to New High
In larger degree context, the rally from October 1, 2021 low in S&P 500 Futures (ES) is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 1…