Has S&P E-Mini Futures (ES_F) Formed Secondary High?
Recall in our previous article we said U.S. Indices, specifically S&P 500 E-Mini Futures (ES_F), likely won't break last year's high yet. From the technical side, the chart below shows…
Elliott Wave Expects Limited Pullback in Oil
Elliott Wave view calls the rally in Oil to $54.24 ending wave ((A)). From there, the pullback ended with wave ((B)) at $51.37. Internal of wave ((B)) takes the form…
Elliott Wave View Expects Exxon Mobil To Rally
Elliott Wave view in Exxon Mobil (ticker: XOM) suggests that the rally from December 26, 2018 low ($64.65) is unfolding as Elliott Wave zigzag. The first leg of the zigzag…
Elliott Wave View: Gold Should Continue Higher
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at…
Elliott Wave View Expects Tesla Rally to Fail
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave…
Break above $1300 in Gold Forms Elliott Wave Impulse
Last Friday Gold managed to break above $1300. The yellow metal has therefore broken above 8 year bearish channel in a weekly closing basis. The break also allows the metal to…
Elliott Wave View: Alibaba Ending 5 Waves Move
Elliott Wave view in Alibaba (Ticker: BABA) suggests the rally from 12/24/2018 low is unfolding as an impulse Elliott Wave structure where wave ((3)) ended at $159.49. Wave ((4)) pullback…
Elliott Wave View: Gold In Consolidation Before a Break Higher
Short term Elliott Wave view in Gold suggests the rally to $1298.03 ended wave (W). The yellow metal is now correcting the cycle from August 16, 2018 low within wave…
Is S&P 500 Ready to Make All-Time High?
S&P 500 formed a significant high at 2947 on Sept 21, 2018 after a 342% rally in 10 years. During the entire rally from year 2009 low, there was no…
