Elliott Wave View: Dollar Index (DXY) Should Continue to Extend Higher
Short term view in Dollar Index (DXY) suggests the cycle from March 30, 2022 low is ongoing as an impulse Elliott Wave structure. Up from March 30 low, wave (i)…
Elliott Wave View: EURJPY Correcting 5 Waves Move
EURJPY shows a bullish sequence from June 2016 low and May 2020 low. Long term, pair should be supported and continue higher. Short term, however, pair has ended the rally…
Elliott Wave View: S&P 500 E-Mini Futures (ES) Near Term Rally Likely Fail
Short term Elliott Wave view in S&P 500 E-mini Futures (ES) suggests cycle from March 30, 2022 has ended in wave (W) at 4195.25. The internal subdivision of wave (W)…
Junior Gold Miners (GDXJ) Correction In Progress
In our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18…
Elliott Wave View: SPY Starts Next Leg Lower
Short term Elliott Wave view in SPY suggests the decline from January 4, 2022 high is unfolding as a double three Elliott Wave structure. Down from January 4 high, wave…
Elliott Wave View: GDX Pullback In Progress
Short term Elliott Wave view in GDX suggests cycle from October 2021 low ended in wave ((1)) at 41.61 as an impulse Elliott Wave structure. Pullback in wave ((2)) is…
Elliott Wave View: Silver Looking to Correct Further
Short term Elliott Wave view in Silver suggests the decline from March 8 high is unfolding as a double three Elliott Wave structure. Down from March 8 peak, wave (W)…
Elliott Wave View: Apple (AAPL) Rally Should Fail
Short term Elliott Wave view in Apple (AAPL) suggests the rally to 179.59 ended wave ((X)). Wave ((Y)) lower is currently in progress. The decline from ((X)) peak is unfolding…
Uranium Miners ETF (URA) Breaking Out Soon
The 2011 Fukushima nuclear disaster in Japan resulted in a huge setback in Uranium. Plans for new nuclear power development are shelved and sentiment turns negative for many years after.…
