Platinum (PL) Ready to Rally in 2023
Platinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively…
Elliott Wave Forecasts Rally in Nasdaq (NQ) to Fail for Further Downside
Short term, Elliott wave view in Nasdaq (NQ) suggests that the decline from 8.16.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 8.16.2022 high, wave…
FTSE Elliott Wave Zigzag Decline in Progress
Cycle from 10.13.2022 low in FTSE ended at 7600.11 on 12.1.2022 as wave (1). Subdivision of wave (1) unfolded as a 5 waves impulse structure. Up from 10.13.2020 low, wave…
Elliott Wave View: Alphabet (GOOGL) Has Resumed the Next Leg Lower
Alphabet (ticker: GOOGL) shows incomplete bearish sequence from 1.31.2022 earlier this year. It favors further downside to reach the extreme target of 61 - 72. Short term Elliott wave View…
Amazon (AMZN) Continues the Bearish Elliott Wave Sequence Lower
Short term Elliott wave View in Amazon (ticker; AMZN) suggests the decline from 12.1.2022 peak is in progress as a 5 waves impulse. Down from 12.1.2022 peak, wave ((i)) ended…
EURUSD Near The End of 5 Waves Impulsive Elliott Wave Move
Short term Elliott Wave View in EURUSD suggests the rally from 11.22.2022 low is unfolding as a diagonal. Up from 11.22.2022 low, wave ((i)) ended at 1.0595 and pullback in…
Elliott Wave View: Silver (XAGUSD) Wave 5 Ending Soon
Short term Elliott Wave View in Silver (XAGUSD) suggests the rally from 9.28.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 9.28.2022 low, wave 1…
Pan American Silver (PAAS) Bottom Can be In Place
Silver (XAGUSD) has ended correction to the cycle from 2020 low and turning higher. This would suggest that silver miners most likely have formed the bottom as well. Below is…
Elliott Wave View: Tesla (TSLA) Downside Looks Incomplete
Short term Elliott Wave View in Tesla (TSLA) suggests cycle from 11.1.2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 11.1.2022 high, wave 1…