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 liquidated positions across a broad range of assets, including stocks, gold, and bonds, to meet margin calls and raise cash. . Big corporations around the […]

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 from April 23, 2019 high, wave (1) ended at 50.6 and wave (2) bounce ended at 65.65. Oil has resumed lower in wave (3) towards […]

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, wave 1 ended at 141.14, and wave 2 bounce ended at 144.96. Pair extended lower in wave 3 at 132.51 & wave 4 bounce ended […]

DAX has reached the minimum target from Feb 19 peak and may see slowing down of the selloff and consolidate soon. This video look at the elliottwave path.

BAC shows impulsive structure from December 2019 high, favoring more downside. This article and video look at the Elliottwave path.

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 Wave structure where wave ((W)) ended at 85.15 and wave ((X)) ended at 94.98. The stock has resumed lower within wave ((Y)) and the internal […]