Elliott Wave View: Dollar Index (DXY) Continues To Be Supported
Short Term Elliott Wave view on Dollar Index (DXY) suggests the rally from October 28, 2021 low is unfolding as a 5 waves impulse. Up from October 28 low, wave…
Elliott Wave View: Litecoin Should See Further Upside
Short-term Elliott wave view in Litecoin suggests the rally from October 27, 2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from October 27 low,…
Elliott Wave View: Oil (CL) Looking for 3 Waves Rally
Short-term Elliott wave view in Oil (CL) suggests the decline from Oct 25, 2021 peak is unfolding as a zigzag Elliott Wave structure. Down from Oct 25, wave ((i)) ended…
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…