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…
Elliott Wave View: Pullback in Bitcoin Should Find Support
Short Term Elliott Wave structure for Bitcoin (BTCUSD) suggests pullback to 47204.57 ended wave IV. Wave V is currently in progress with internal subdivision as a 5 waves impulse Elliott Wave…
Inflation Risk Supports Gold and Silver
An increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to…
Elliott Wave View: S&P 500 E-Mini Futures (ES) Resumes Higher
S&P 500 E-Mini Futures (ES) rally from February 1, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from February 1Â low, wave 1 ended at…
Elliott Wave View: DAX Looking to Find Buyers Soon
Short term Elliott wave view in DAX suggests the rally from January 28, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 28 low,…