Short-term Elliott Wave view in Copper (HG_F) suggests that the metal is rallying as a 5 waves Elliott wave impulsive structure from November 15, 2019 low. Up from there, wave ((i)) ended at 2.69, and wave ((ii) pullback ended at 2.619. Subdivision of wave ((ii)) unfolded as a double zigzag. Wave (w) of ((ii)) ended at 2.653, […]

Short-term Elliott Wave view in Apple (ticker: AAPL) suggests that the pullback to 256.31 on December 3, 2019 low ended wave (4). The stock has resumed higher within wave (5) and the internal is unfolding as a 5 waves Elliott wave impulsive structure. Up from 256.31, wave ((i)) ended at 263.31, and wave ((ii) pullback […]

Pound Sterling remains strong as the U.K. will go to poll this coming Thursday December 12. The general election normally should be held every five years. However, this election will be the third time since 2015 as it’s necessary to break the country’s Brexit impasse. It will determine whether the U.K. will quit the European […]

U.S. stock market surged as November Nonfarm Payroll came out strong at 266,000. Unemployment rate also fell to 3.5%, which is at 50-year low since 1969. The result smashed the consensus expectation of 185,000.  Stocks leaped higher after the blockbuster number as the US economy is firing on all cylinder. There was initially some concern […]

GBPUSD rally from Nov 23 low is unfolding as an impulse Elliott Wave structure, favoring more upside. This article looks at the Elliottwave path.

SPX has started a wave 4 correction & could see further downside to end a double zigzag Elliott Wave structure. This article look at the Elliottwave path..