Elliott Wave View: S&P 500 (SPX) Pullback Should Be Supported
S&P 500 (SPX) Elliott Wave View suggests the rally from October 31 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 31 low, wave (1)…
Post-Pandemic Future Demand Recovery Supports Oil
The news that Covid-19 vaccines will soon be available to fight the pandemic has boosted the global oil markets. Demand has plummeted since the start of the pandemic. Organization of…
Elliott Wave View: GDX Ended Correction and Ready to Resume Higher
Elliott Wave view in $GDX suggests that the Gold Miner Index ended cycle from March low in wave ((2)) at 33.16. The Index has turned higher again in wave ((3))…
Elliott Wave View: Further Upside in EURUSD
Short term Elliott Wave view in $EURUSD suggests that rally from November 11 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave November 11 low,…
Elliott Wave view: Copper (HG) Still Has Further Upside
Short term Elliott Wave view in Copper (HG) suggests that the dips to 3.11 on November 11 ended wave ((ii)). The metal has resumed higher and ended wave ((iii)) at…
Elliott Wave View: EURJPY Ready for Next Bullish Leg
Short term Elliott Wave View in EURJPY suggests the rally from October 30 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from October 30 low, wave…
Elliott Wave View: Nasdaq (NQ) Looking For More Upside
Short term Elliott Wave View in Nasdaq (NQ) suggests the Index ended wave 2 on November 10 at 11505.33. The Index has since turned higher in wave 3. The internal…
Elliott Wave View: Pullback in Oil Should Stay Supported
Oil (CL_F) shows a bullish sequence from April 22, 2020 low calling for further upside. Near term, rally from November 2, 2020 low is unfolding as a 5 waves impulsive…
Elliott Wave View: AUDJPY Looking for Bullish Breakout
Short Term Elliott Wave view in AUDJPY suggests the pullback to 75.3 ended wave 2. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from…
