AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three
The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at…
Nasdaq (NQ) Buyers Can Appear Soon According to Elliott Wave
Short Term Elliott Wave in Nasdaq (NQ) suggests the Index is cycle from 3.13.2023 low ended in wave ((1)) at 13349.37 as the 1 hour chart below shows. Wave ((ii))…
Elliott Wave Expects Gold Miners ETF (GDX) Buyers Should Appear Soon
Gold Miners ETF (GDX) shows a bullish sequence from 9.26.2022 low favoring further upside. The 100% - 161.8% Fibonacci extension target from 9.26.2022 low comes at 38.3 - 45.7 area.…
Newmont Mining (NEM) Starts a New Bullish Cycle
Newmont Mining (ticker: NEM) is the world's largest gold mining company, based in Greenwood Village, Colorado, United States. The stock may have formed a significant low at 37.57 on November…
Bitcoin (BTCUSD) At Possible Support Area
Bitcoin cycle from 3.10.2023 low has ended with wave 1 at 31035. Internal subdivision of wave 1 unfolded as a 5 waves impulse. Wave ((i)) ended at 20874 and pullback…
Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse
Exxon Mobil (XOM) cycle from 3.20.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.20.2023 low, wave (1) ended at 107.35 and pullback in…
Elliott Wave View: S&P 500 ETF (SPY) Should Stay Supported to Higher
S&P 500 ETF (SPY) cycle from 10.13.2022 low is in progress as a diagonal 5 waves. Up from 10.13.2022 low, wave 1 ended at 410, and wave 2 pullback ended…
Elliott Wave Suggests USDJPY May See Sellers Soon
Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. Up from 3.24.2023 low, wave (W) ended at 133.75 and pullback in wave (X) ended…
Gold (XAUUSD) Elliott Wave Bullish Sequence Favors Higher
Gold (XAUUSD) broke above the previous peak on February 2, 2023 at 1959.74. It shows a bullish sequence from 9.28.2022 low favoring further upside. A 100% - 161.8% Fibonacci extension…