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Elliott Wave View: Bitcoin Ending Diagonal in Progress
Read MoreBitcoin is finishing wave 5 as an Ending Diagonal. Short term, cycle is mature and pullback can happen soon. This video looks at the Elliott Wave path.
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Barrick Gold Corporation (NYSE: GOLD): Strong Impulse Rally In Progress
Read MoreBarrick 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) and high price in gold creates a favorable environment for the company. On Wednesday, the company will report its first-quarter results. The consensus for the […]
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Elliott Wave View: GBPJPY Decline Extends in Wave 3
Read MoreGBPJPY has resumed the decline lower within wave 3, favoring more downside while below May 1 high. This article and video look at Elliott Wave path.
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Elliott Wave View: Leading Diagonal in Oil
Read MoreOil shows 5 waves rally from 4.22.2020 low as a leading diagonal, favoring more upside. This article & video looks at the Elliott Wave path.
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IBEX-35 from Spain Showing Incomplete Bearish Sequence
Read MoreSpain 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 during the first few days of March. As of April 29, 2020, Madrid is the most affected city by Covid-19 with 60,000 people infected. Impact […]
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Elliott Wave View: Tesla (TSLA) Correcting Cycle from March Low
Read MoreTesla ended an impulsive rally from 3.19.2020 low and now correcting that cycle in 3, 7, 11 swing.This video and article look at the Elliott Wave path.