Elliott Wave View: Ethereum in Corrective Rally
Ethereum shows an incomplete bearish sequence from November 10, 2021 high favoring further downside. The decline from April 3, 2022 high is unfolding as a zigzag Elliott Wave structure. Down…
Energy Stock Continues to Outperform – OXY Bullish Outlook
The Fed has been very clear that their current mission is to reduce U.S inflation rate which is currently running at 8.3%. This is way over thier 2% target inflation…
Elliott Wave View: USDCAD Buyers in Control
Short Term View in USDCAD suggests cycle from 04.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from April 21 low, wave ((i)) ended at…
Elliott Wave View: AUDJPY Rally Should Fail for More Downside
Short Term View in AUDJPY shows a bearish sequence from April 20, 2022 high favoring further downside. The decline from April 20 is unfolding as a zigzag Elliott Wave structure.…
Elliott Wave View: Oil (CL) to Correct Further Downside
After spiking to 130.50 on March 7 at the height of the Russia-Ukraine war, Oil (CL) has started to pullback and consolidate. Oil shows an incomplete bearish sequence from the…
Elliott Wave View: Litecoin (LTCUSD) Has Scope for More Downside
Short Term Elliott Wave View in Litecoin (LTCUSD) suggests cycle from March 30, 2022 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 30, wave…
CVX (Chevron) in Bullish Market Despite the General Market Selloff
Chevron Corporation (CVX) is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries. Chevron is…
Elliott Wave View: Russell 2000 (RTY) Turning Lower post FOMC
Short Term Elliott Wave View in Russell 2000 (RTY) suggests the decline from March 29, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 29 peak,…
Elliott Wave View: AUDUSD Rally is Likely Just a Counter Trend
Short Term Elliott Wave View in AUDUSD suggests cycle from April 5 high ended at 0.7027 in wave (1). Down from April 5 high, wave 1 ended at 0.7396 and…