Barrick Gold Corporation (NYSE: GOLD): Strong Impulse Rally In Progress
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. Year-to-Date, the stock is up around 45%. The combination of low Oil's price (major cost component for miners)…
Elliott Wave View: GBPJPY Decline Extends in Wave 3
GBPJPY decline from April 9, 2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from April 9 high, wave 1 ended at 132.65 and wave 2…
Elliott Wave View: Leading Diagonal in Oil
Short Term Elliott Wave outlook in Oil (CL_F) suggests the decline to $6.53 ended wave ((3)). Wave ((4)) recovery is unfolding as a zigzag Elliott Wave structure where wave (A)…
IBEX-35 from Spain Showing Incomplete Bearish Sequence
Spain is one of the hardest hit European countries by Covid-19 pandemic. Unsurprisingly, Spain main index IBEX-35 plunged just like the rest of the world's indices. The biggest impact happened…
Elliott Wave View: Tesla (TSLA) Correcting Cycle from March Low
Short Term Elliott Wave outlook in Tesla (TSLA) suggests the stock ended cycle from March low at 886.09 as wave ((1)). Internal of wave ((1)) unfolded as a 5 waves impulsive…
Elliott Wave View: Google (GOOGL) Ending 5 waves Impulse
In the aftermath of COVID-19 selloff, Alphabet (GOOGL) formed a low on March 23, 2020 at 1008.87. From there, the stock is rallying as a 5 waves impulsive Elliott Wave structure.…
Elliott Wave View: Impulsive Rally in DAX From March Low
The rally in $DAX from March 16 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 3.16.2020 low, wave (1) ended at 9145.93 and pullback in…
Elliott Wave View: SPX Rally from March Low as an Impulse
Short Term Elliott Wave view suggests that the rally in $SPX from March 23 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 3.23.2020 low, wave…
Elliott Wave View: Rally in EURJPY Expected to Fail
EURJPY broke below September 3, 2019 low (115.86) and pair now shows a lower low sequence from February 2018 high and January 2020 high as the video below explains. Near…
