Elliott Wave View: Near Term Rally in Dow Futures (YM) Should Fail
Short term Elliott Wave view on Dow Futures suggests the decline from 8.17.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.17.2022 high, wave A ended at…
Elliott Wave View: S&P 500 E-Mini Futures (ES) Soon to End 5 Waves
Short term Elliott Wave view on S&P 500 E-mini Futures (ES) suggests pullback from 8.17.2022 high is in progress as a zigzag Elliott Wave structure. Down from 8.17.2022 high, wave…
Elliott Wave View: Amazon (AMZN) Rallying in a Double Zigzag
Short term Elliott Wave view on Amazon (AMZN) suggests the decline to $123.66 ended wave ((A)). Wave ((B)) rally is in progress with internal subdivision as a double three Elliott…
Elliott Wave View: Oil (CL) Has Reached Daily Support
Decline in Oil (CL) from 7.20.2022 high is unfolding as a zigzag Elliott Wave structure. Down from July 20, wave A ended at 87.01 and wave B rally ended at…
Elliott Wave View: EURUSD Should Continue to Extend Lower
EURUSD shows a bearish sequence from 8.10.2022 high suggesting further downside is likely. The decline from August 10 high is unfolding as an impulse Elliott Wave structure. Down from August…
Cameco (CCJ) Looking to Extend Higher
The fundamental of Uranium continues to get better. Various countries like Japan and South Korea have now turned to nuclear power as a solution to the energy crisis. The U.S.…
Elliott Wave View: Ethereum (ETHUSD) Further Upside Expected
Short Term Elliott Wave View in Ethereum (ETHUSD) suggests that the decline from August 13, 2022 peak is unfolding as a zigzag Elliott Wave structure. Down from August 13 peak,…
Platinum (PL) Has Resumed Lower
In Jackson Hole speech last Friday, Fed's governor Jerome Powell indicated that the Fed is serious in fighting inflation and will not pivot early. He also suggested that further hikes…
Elliott Wave View: Bitcoin (BTCUSD) Turning Lower
Short Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally to 25212.69 ended wave (A). Wave (B) pullback is in progress to correct cycle from 18 June 2022 low before…