Elliott Wave View: SPY Starts A New Leg Lower
Short term Elliott Wave view in SPY suggests the decline from 3/30/2022 high is unfolding as a 5 waves. Down from wave ((B)), wave (1) ended at 385.15, and rally…
Elliott Wave View: Silver (XAGUSD) Has Resumed Lower
Short term Elliott Wave view in Silver (XAGUSD) suggests the decline from 6/6/2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 6/6/2022 high, wave…
Silver Miners (SIL) Pullback Nearing Support
Since bottoming on March 2020 low, Silver Miners ETF (SIL) has continued to extend lower to correct the cycle from March 2020 low. The correction looks to be in the…
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…