Elliott Wave View: Dow Futures Attempting All-Time High
Cycle from March 2020 low in Dow Futures (YM_F) still remains intact as a diagonal 5 waves. In the 60 minutes chart below, we can see wave ((3)) of the…
Elliott Wave View: Silver Broke to 52 Week High
Silver has made a new 52 week high this week suggesting last year's correction is over. From the 60 minutes chart below, we can see the rally from January 18…
Elliott Wave View: 5 Waves Rally in EURJPY Favors More Upside
Short Term Elliott Wave View in EURJPY suggests the decline to 125.07 low ended wave 2. Pair has started to turn higher in wave 3 as an impulsive structure. Rally…
Elliott Wave View: Further Upside in USDJPY
Short Term Elliott Wave View in USDJPY suggests the rally from January 6 low is unfolding as a zigzag Elliott Wave structure. Up from January 6 low, wave A ended…
Elliott Wave View: Alphabet (GOOGL) Impulsive Rally Incomplete
Short Term Elliott Wave view in Alphabet (ticker: GOOGL) suggests the rally from December 21,2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 21…
Supply Deficit in Palladium May Continue to Support Price
Palladium market continues to be in short supply for 9 straight years. The gap between mine supply and consumption in 2020 was around 1 million ounce of palladium. The chart…
Elliott Wave View: General Electric (GE) Has Further Downside in Correction
Short Term Elliott Wave view in General Electric (ticker: GE) suggests the rally to January 13 high at $11.91 ended wave (3). The stock is now in wave (4) pullback…
Elliott Wave View: Impulsive Rally in NZDUSD
Short Term Elliott Wave view in NZDUSD suggests the pair ended wave ((2)) pullback at 0.7093. This pullback ended correction of the cycle from September 24 low. Internal of wave…
Elliottwave View: SPX Upside Move Has Resumed
Short Term Elliott Wave view in S&P 500 (SPX) suggests the Index ended wave 1 at 3726.70 and pullback in wave 2 ended at 3636.48. Internal of wave 2 unfolded…