Last week, China and the U.S. have agreed to resume face-to-face talk in Washington in early October. It’s however still unclear if both sides can make substantial, even if temporary, agreement to solve their disputes. Nonetheless, the news is a welcome relief to the market with the year-long conflict dampening 2020 growth forecasts. Prior to […]

Rally in Amazon (AMZN) from Aug 26 low appears impulsive and incomplete. This article & video talks about the short and medium term Elliottwave path.

IYR is near the 2007 all-time high and looking to break above it. This article & video explains the short term Elliott Wave path.

Since forming the low on November 2018 at $13.9, Silver has rallied 40% to current price of $19.4. The move higher from $13.9 low took the form of a 5 waves impulsive Elliott Wave structure. On the 1 hour chart below, we can see wave (4) pullback ended at $16.92. The metal has since resumed […]

EURJPY continues to extend lower and showing an impulsive structure. This article and video explains the short term Elliott Wave path of the pair.

Great Year for Precious Metals Year 2019 certainly has been a good year for the Gold bulls. The metal accelerated its rally after President Trump announced 10% tariffs on the remaining $300 billion of Chinese imports. China then let the Yuan weaken and rise above 7 against the U.S. dollar for the first time in […]