Elliott Wave View: USDCAD Rally Expected to Fail
Short Term Elliott Wave view in USDCAD suggests wave 2 ended at 1.338. The pair has extended lower within wave 3 with internal subdivision as a 5 waves impulse structure.…
Dow Futures (YM) Ending Short Term Impulse Soon
Short Term Elliott Wave view in Dow Futures (YM) suggests cycle from 7.10.2023 low is about to end as 5 waves impulse. From 7.10.2023 low, wave i ended at 34211…
Gold (XAUUSD) in Correction Within Bullish Trend
Short Term Elliott Wave View in Gold (XAUUSD) suggests the cycle from 6.29.2023 low ended at 1987.38 as wave 1. Internal subdivision of wave 1 rally unfolded as a 5…
Nasdaq (NQ) Pullback Should Continue to Find Support
Short Term Elliott Wave View in Nasdaq (NQ) suggests the rally from 6.27.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 6.27.2023 low, wave…
Gold Miners ETF (GDX) Bullish View Showing Impulsive Rally
Rally in Gold Miners ETF (GDX) from 6.29.2023 low is in progress as a 5 waves impulse, favoring further upside. Up from 6.29.2023 low, wave 1 ended at 30.8 as…
Apple (AAPL) Short Term Still Looking to End Wave 5 Higher
Short term view in Apple (ticker: AAPL) suggests the rally from 3.29.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.29.2023 low, wave 1…
Gold-to-Silver Ratio (AUG) Has Resumed Lower
Gold-to-Silver ratio (AUG) overshot to 126.43 during the Covid-19 scare in March 2020. This is an all-time high and arguably unsustainable when measured by many different matrices. The current ratio…
USDJPY Impulsive Decline Portends Further Weakness
Cycle from 10.21.2022 high is in progress as a zigzag Elliott Wave structure. Down from 10.21.2022 high, wave a ended at 127.22 and rally in wave b ended at 145.09.…
DAX Index Rallies after Ending 3 Waves Corrective Pullback
Short term Elliott Wave view in DAX suggests the Index ended wave (3) at 16427.42. Wave (4) pullback unfolded as a zigzag Elliott Wave structure. Down from wave (3), wave…