Dow Futures (YM) Looking for 5 Waves Elliott Wave Move Lower
Cycle from 12.13.2022 high in Dow Futures (YM) is unfolding as a zigzag Elliott Wave structure. Down from 12.13.2022 high, wave A ended at 32686. Wave B rally ended at…
GDX Dips Likely to Find Support in 3, 7, 11 Elliott Wave Swing
1 hour chart of Gold Miners ETF (GDX) below shows that the pullback to 27.54 ended wave (2). The ETF has since extended higher in wave (3). Internal subdivision of…
Hangseng Index Rallying in Nesting Impulse Elliott Wave Structure
Cycle from 10.31.2022 low in Hangseng Index is in progress as a nesting 5 waves impulsive Elliott Wave structure. Up from 10.31.2022 low, wave ((1)) ended at 18414.09. The 45…
Uranium ETF (URA) Starts the Next Leg Higher
Uranium ETF (ticker: URA) spent the entire 2002 doing correction but this year it is ready to resume higher. This ETF invests in Uranium as well as several mining companies.…
Copper (HG) Rallies in a Nesting Impulse According to Elliott Wave
Copper (HG) rally from 9.28.2022 low is unfolding as a nesting impulse Elliott Wave structure. A nest is a series of 1-2-((i))-((ii)) which is an extended version of an impulsive…
Elliott Wave Suggests FTSE Should Extend Higher
FTSE shows an incomplete bullish sequence from 10.13.2022 low favoring further upside. Up from 10.13.2022 low, rally is unfolding as a 5 waves impulse Elliott Wave structure. Wave (1) ended…
Gold Elliott Wave Impulse Move Near Complete
Short term cycle from 11.23.2022 low remains in progress as a 5 waves impulse Elliott Wave. Up from 11.23.2022 low, wave ((i)) ended at 1833.29 and pullback in wave ((ii))…
DAX Looking to End 5 Waves Elliott Wave Impulse
Cycle from 9.29.2022 low is in progress as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, we can see wave 4 ended at 13795.47. Wave…
Five Waves Rally in $GDXJ Suggests Bottom in Place
Gold Miners Junior (ticker: GDXJ) spent the past two years in a deep correction, but it looks to have found the bottom on 9.26.2022 low at 25.80 as the second…