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…
Elliott Wave View: Copper (HG) Looks to Extend Higher
Short Term view in Copper suggests the rally from September 21 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 21 low, wave ((i)) ended…
Elliott Wave View: Bullish Move in Nvidia (NVDA) Should Extend
Short Term view in Nvidia (NVDA) suggests the rally from October 5 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 5, wave ((1)) ended…
Elliott Wave View: GBPUSD Looking to End Zigzag Rally
Short Term view in GBPUSD suggests the rally from September 30, 2021 low is unfolding as a zigzag Elliott Wave structure. Up from September 30, wave A ended at 1.3648…
Have Yen Pairs Started the Next Leg Higher?
An overlay of Yen pairs below show that they clearly share the same cycle. The chart above shows that all Yen pairs made major low on March 18, 2020. From…
Elliott Wave View: Gold Should Rally Further Short Term
Short Term view in Gold (XAUUSD) suggests the rally from September 30, 2021 low is unfolding as a double three Elliott Wave structure. Up from September 30 low, wave (a)…