US Dollar Continues to Firm As Supply Tightens
U.S Dollar demand is so high as a result of the corona virus pandemic that now there's a squeeze in the credit market. The dollar soared this week as investors…
Elliott Wave View: Sweet Crude Oil (CL_F) in Ending Diagonal
Elliott Wave view in Sweet Crude Oil Futures (CL_F) suggests that the decline from April 23, 2019 high (66.6) is unfolding as a 5 waves impulse Elliott Wave structure. Down…
Elliott Wave View: GBPJPY Ending 5 Waves Impulse
Elliott Wave view in GBPJPY suggests that the decline from December 13, 2019 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from December 13, 2019 high,…
Elliott Wave View: DAX Has Reached Minimum Target
Short term Elliott Wave view in DAX suggests cycle from February 19, 2020 high is unfolding as a zigzag Elliott Wave structure. Down from February 19, 2020 high, wave ((A))…
Elliott Wave View: BAC Looking for More Downside
Bank of America (Ticker: BAC) decline from December 27, 2019 high is unfolding as a 5 waves impulsive Elliott Wave structure. Down from December 27 high, wave ((1)) ended at…
Elliott Wave View: Nike Rally Expected to Fail
Nike (Ticker: NKE) shows an incomplete sequence from January 22, 2020 high suggesting further downside is likely. The decline from January 22 high is unfolding as a double three Elliott…
Oil Craters 30%, How Low Can It Go?
OPEC's failure to strike a deal to cut production output with Russia caused Saudi Arabia to slash oil's prices in an all-out price war. US West Texas Intermediate Crude plunged…
10-Year Treasury (ZN) Drops Below 0.5% As Fear Grips Market
Over the weekend, a series of events has rocked the market. Investors continue to brace for economic fallout as coronavirus continues to spread around the world. Outside Mainland China, Italy…
Elliott Wave View: Ten Year Notes (ZN_F) in Impulsive Rally
Short term Elliott Wave view in Ten Year Notes (ZN_F) suggests the rally from December 2019 low is unfolding as a 5 waves impulsive structure. Up from December 13, 2019…