Gold (XAUUSD) Pullback Looking for Support to the Upside
Short Term Elliott Wave in Gold (XAUUSD) suggests that the metal is correcting cycle from 10.6.2023 low. Up from 10.6.2023 low, wave (1) ended at1997.16. Pullback in wave (2) is…
Nasdaq (NQ_F) Rally Corrective or Start of New Bullish Leg?
Short Term Elliott Wave in Nasdaq Futures (NQ_F) shows the Index ended wave ((W)) at 14140.25. The Index rallies to correct cycle from 7.19.2023 high in wave ((X)). Internal of…
Pan American Silver (PAAS) In the Process of Bottoming
Pan American Silver Corporation (PAAS) is a Canadian mining company that specializes in the exploration, development, and production of silver and gold ores. The company is one of the world's…
Russell 2000 (RTY) Soon Will Open Bearish Sequence
Russell 2000 (RTY) is close to breaking below 6.16.2022 low at 1640.70. A break below that level will open a bearish sequence from 11.8.2021 peak favoring further downside. Short term…
S&P 500 (SPX) Looking to End Diagonal
Short term Elliott Wave View in S&P 500 (SPX) suggests that cycle from 7.28.2023 high is in progress as a diagonal structure. Down from 7.28.2023 high, wave 1 ended at…
Bitcoin (BTCUSD) Looking to Extend Higher as Impulse
Short Term view of Bitcoin (BTCUSD) suggests that cycle from 9.11.2023 low is in progress as an impulse Elliott Wave structure. Up from 9.11.2023 low, wave 1 ended at 27493.1…
EURJPY Extends Higher in Bullish Cycle
EURJPY extends higher and the pair has broken above the previous high on 8.30.2023 at 159.76 suggesting the next leg higher has started. Cycle from 10.3.2023 low is currently in…
Gold Miners Junior (GDXJ) Should At least See 3 Waves Rally
The VanEck Vectors Junior Gold Miners ETF (GDXJ) is an exchange-traded fund that provides exposure to the stocks of small to mid-sized companies involved in the exploration and production of…
NZDUSD Looking to End 5 Waves Move
Short Term Elliott Wave in NZDUSD shows pair is unfolding as a 5 waves move lower from 2.2.2023 high. Down from 2.2.2023 high, wave 1 ended at 0.6084 and rally…