Gold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there’s recent indication that the world’s central banks may reduce the pace of the hike due to the rising probability of a recession. In this update, we will look at the technical outlook in […]

USDJPY shows 5 swing sequence from 10.21.2022 high looking for downside to end 7 swing correction. This article and video look at the Elliott Wave path.

IBEX is correcting cycle from 5.30.2022 high in 3, 7, 11 swing before turning lower. This article and video look at the Elliott Wave path.

Nifty has reached the extreme area from 9.30.2022 low and soon can see 3 waves pullback at least. This article and video look at the Elliott Wave chart

The series of rate hikes by the Fed has provided a challenge for the World Indices. World Indices continue to make a series of lower low since they formed the peak in 2021. One of the popular vehicles to trade Indices is QQQ. Invesco QQQ is an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index™. The […]

Nasdaq (NQ) shows bearish sequence from 11.22.2021 high favoring more downside. This article and video look at the short term Elliott Wave path.