Oil (CL) Short Term Impulsive Structure Suggests Further Upside
Oil (CL) ended cycle from 9.28.2023 high as a 5 waves impulse. Down from 9.28.2023 peak, wave 1 ended at 81.5 and rally in wave 2 ended at 90.78. The…
Gold (XAUUSD) Elliott Wave Impulse Breakout In Progress
Rally from 9.28.2022 low is currently in progress as a 5 waves Elliott Wave impulse structure. Up from 9.28.2022 low, wave (1) ended at 2081.82 and pullback in wave (2)…
Uranium ETF (URA) Bullish Cycle in Progress
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that focuses on companies in the uranium industry. ETFs are investment funds that trade on stock exchanges. They typically…
Russell 2000 Futures (RTY) Turning Lower After 3 Waves Rally
Russell 2000 Futures (RTY) rally from 10.28.2023 low has ended in 3 waves at the 100% - 161.8% Fibonacci extension. This suggests that the rally is corrective in nature. Up…
CHFJPY Impulse Structure Should Extend Higher
CHFJPY continues to make a sequence of higher high suggesting the pair is in a bullish market. Recent impulsive move higher looks incomplete and pair should continue to extend higher.…
GBPUSD Short Term Elliott Wave Structure Suggests Further Upside
GBPUSD shows a 5 swing sequence from 10.4.2023 low favoring further upside. The rally from 10.4.2023 low takes the form of a double three Elliott Wave structure or a double…
Platinum (PL) Ended Correction and Turning Higher
Platinum (PL) may have ended the correction to the cycle from 9.1.2022 low and in the early stage of turning higher. If the pivot on September 2022 low at 796.8)…
Silver (XAGUSD) Ended Correction and Turned Higher
Silver (XAGUSD) cycle from 10.3.2023 low is in progress as an impulse. Up from 10.3.2023 low, wave (1) ended at 23.69 and pullback in wave (2) is proposed complete at…
AUDJPY Elliott Wave Support Area For More Upside
AUDJPY has a higher high bullish sequence from 7.28.2023 low favoring further upside with 100% - 161.8% target towards 98.08 - 101.23. Short term, the rally from 10.3.2023 low is…