Gold Miners Junior ETF (GDXJ) Extending Higher
GDXJ, or the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap gold mining companies. It provides investors exposure to junior gold mining…
Elliott Wave Intraday Analysis Looking for GDX to Extend Higher
Rally from 9.26.2022 low in $GDX is currently in progress as a 5 waves diagonal. Up from 9.26.2022 low, wave (1) ended at 36.26 and pullback in wave (2) ended…
Elliott Wave Intraday Analysis Expecting Nikkei (NKD) to Extend Lower
Short Term Elliott Wave in Nikkei (NKD) suggests the Index shows short term incomplete bearish sequence from 7.10.2024 high favoring further downside. Decline from 7.10.2024 is in progress as a…
Elliott Wave Intraday Analysis: USDJPY Correcting Larger Degree
Short Term Elliott Wave in USDJPY suggests that cycle from 7.3.2024 high is in progress as a double three Elliott Wave structure. Down from 7.3.2024 high, wave A ended at…
Elliott Wave Intraday Analysis: Russell 2000 (RTY) Looking to Resume Bullish Trend
Short Term Elliott Wave in Russell 2000 (RTY) suggests that rally to 2304.90 ended wave 3. Pullback in wave 4 unfolded as a zigzag Elliott Wave structure. Down from wave…
Elliott Wave Intraday Analysis: CHFJPY Bouncing Higher from Support Zone
Short Term Elliott Wave view in CHFJPY suggests the decline from 7.11.2024 high unfolded as a zigzag structure. Down from 7.11.2024 high, wave A ended at 175.84 and rally in…
Oil (CL) Turning Lower in Elliott Wave Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 4.12.2024 high, wave…
Copper (HG) Double Three Elliott Wave Correction in Progress
Short Term Elliott Wave View in Copper (HG) suggests that correction from 5.20.2024 high remains in progress. The internal subdivision of the correction is unfolding as a double three Elliott…
Long Term Outlook of S&P 500 (SPX) A Path To 10000, A Nesting On The Making.
On March 4, 1957, the Standard & Poor's 500 < SPX> was introduced. The S&P 500 index has became synonymous with the term "U.S. stock market." It is one of…
