Elliott Wave View: Nikkei Zigzag Rally Approaching Target
Short term Elliott Wave view in Nikkei suggests the decline from 3/29/2022 peak is unfolding as a zigzag Elliott Wave structure. A Zigzag is a corrective structure labelled as ABC…
Elliott Wave View: GBPJPY Correction Can Extend
Short term Elliott Wave in GBPJPY suggests cycle from 12/3/2021 low has ended as wave ((1)) with the rally to 168.7. Wave ((2)) pullback is currently in progress to correct…
Elliott Wave View: EURUSD 7 Swing Rally
Short term Elliott Wave in EURUSD suggests rally to 1.078 ended wave ((4)). Wave ((5)) lower is currently in progress with subdivision as a 5 waves impulse Elliott Wave structure.…
Elliott Wave View: Ethereum Rally Likely Corrective
Short term Elliott Wave view in Ethereum (ETHUSD) suggests that the decline from March 28, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 28, 2022…
Newmont Mining (NEM) Support Area in Pullback
In our previous article on March 20, 2022 about Newmont Mining (NEM), we mentioned the stock can soon end 5 waves up from 2015 low and see a larger pullback. Fast…
Uranium Miners ETF (URA) Support Area
The long term fundamental background for Uranium is very promising. Shift towards green energy and less reliance on Russian's oil should support Uranium. One way to capitalize on this opportunity…
Elliott Wave View: S&P 500 (SPX) Extends Lower. What’s Next?
S&P 500 (SPX) broke below previous low on 5/21/2022 at 3810.32 and opens up a bearish sequence favoring further downside. The entire decline from 1/4/2022 high is unfolding as a…
Elliott Wave View: Bitcoin Downside Target
Short term View in Bitcoin suggests that cycle from March 28, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 28 peak, wave ((A)) ended at…
Elliott Wave View: USDCHF Shows an Impulsive Rally
USDCHF ended wave (4) pullback at 0.954, and pair has now turned higher in wave (5). Pair still needs to break above the previous wave (3) high on 5/16/2022 high…