Platinum Looking for 5 Waves Rally
Post-pandemic economic rebound, government infrastructure spending, and green energy plan have driven the rally in industrial and precious metals in 2021. As governments globally are looking to curb climate change,…
Elliott Wave View: Ethereum (ETHUSD) Found Support After Massive Pullback
After forming all-time high at 4380.64 on May 12, Ethereum (ETHUSD) has sold off tremendously. In a span of just 8 days, it has dropped more than 50% to today's…
Elliott Wave View: BAC (Bank of America) Wave 5 in Progress
Bank of America (BAC) has just made a 12 year high and structure from February 1, 2021 suggests the rally is unfolding as a 5 waves impulsive Elliott Wave structure.…
Elliott Wave View: XME Should See Further Upside
Short Term Elliott Wave structure for XME (S&P Metals & Mining ETF) suggests the rally from March 25, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure.…
Elliott Wave View: Oil May See Short Term Support Soon
Short Term Elliott Wave structure for Oil (CL) suggests the rally from March 24, 2021 low ended wave (1) at 66.75 a 5 waves diagonal Elliott Wave structure. Wave (2)…
Global Sugar Supply Shortage Propels Price
Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of the easing and start travelling again, increasing consumption of biofuel. This means…
Elliott Wave View: Facebook Correction May Extend
Short Term Elliott Wave structure for Facebook (FB) suggests the rally from January 14, 2021 low ended wave ((1)) at 322.86 as an impulse Elliott Wave structure. In the 1…
Elliott Wave View: USDNOK Rally Should Find Sellers
Short Term Elliott Wave structure for USDNOK suggests the decline from March 24, 2021 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 24 high,…
Elliott Wave View: Gold (XAUUSD) Pullback Should Find Buyers
Short Term Elliott Wave structure for Gold (XAUUSD) suggests the rally from March 31, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 31…
