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Elliott Wave View: XME Should See Further Upside
Read MoreXME (S&P Metals and Mining ETF) continues to extend higher and dips should be supported. This article and video look at the Elliott Wave path.
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Elliott Wave View: Oil May See Short Term Support Soon
Read MoreOil shows a 5 waves diagonal rally from March 24 low and dips can find support soon. This article and video look at the Elliott Wave path.
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Global Sugar Supply Shortage Propels Price
Read MoreBrazil, 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 that mills can start processing more sugar cane into ethanol, rather than into sweetener as it’s also generally more profitable. Severe droughts hitting Brazil has […]
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Elliott Wave View: Facebook Correction May Extend
Read MoreFacebook is correcting cycle from January 14 low and can see further downside in near term. This article and video look at the Elliott Wave path.
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Elliott Wave View: USDNOK Rally Should Find Sellers
Read MoreUSDNOK is correcting cycle from May 6 high as a zigzag before the decline resumes. This article and video look at the Elliott Wave path.
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Elliott Wave View: Gold (XAUUSD) Pullback Should Find Buyers
Read MoreShort 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 low, wave (1) ended at 1797.83 and wave (2) pullback ended at 1755.93. Gold has resumed higher within wave (3) which has internal subdivision of […]