Elliott Wave View: Rally in Russell 2000 (RTY) Expected to Fail
Short term Elliott Wave view in Russell 2000 (RTY) suggests that the decline from November 8, 2021 peak is unfolding as a 5 waves impulse structure. Down from November 8,…
Platinum Elliott Wave Outlook
Precious metals and other commodities continue their bullish run as a result of inflationary pressure and war in Ukraine. In this article, we will take a look at Platinum. Platinum…
Elliott Wave View: S&P 500 (SPX) Turning Lower
Short term Elliott Wave view in S&P 500 (SPX) suggests that the decline from January 4, 2022 is unfolding as a double three Elliott Wave structure. Down from January 4…
Elliott Wave View: Nasdaq Resumes Lower
Short term outlook in Nasdaq (NQ) suggests the rally to 15270.96 ended wave ((X)). The Index has resumed lower in wave ((Y)), although it still needs to break below the…
Elliott Wave View: DAX in 7 Swing Pullback
Short term outlook in DAX suggests the decline to 12420.10 ended wave II. This ended the correction of the rally starting from March 2020 Covid-19 low. The Index has started…
Elliott Wave View: Gold Correction in Progress
Short Term outlook in Gold (XAUUSD) suggests the decline from March 8 peak is unfolding as a double three Elliott Wave structure. Down from March 8, wave (W) ended at…
Elliott Wave View: Dollar Index (DXY) Resumes Higher
Short Term outlook in Dollar Index (DXY) suggests the decline from March 7, 2022 peak ended in wave (4) at 97.68. Internal subdivision of wave (4) unfolded as a zigzag…
How Ruble Might Put a Floor in Gold and Vice Versa
The U.S. and its allies have administered economic and financial sanction to Russia as a result of the invasion to Ukraine. As part of this comprehensive sanction, US and its…
Elliott Wave View: Oil Looking for Further Pullback
Short Term outlook in Oil suggests the decline from March 7, 2022 is unfolding as a double three Elliott Wave structure. Down from March 7 peak, wave (W) ended at…
