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Elliott Wave View: Silver Has Reached Daily Extreme Area
Read MoreSilver has reached the minimum 100% target in daily time frame from 2.1.2021 at $18.37. However, short term, the metal can still see further downside. Near 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 […]
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Elliott Wave View: Gold (XAUUSD) Remains Bearish Near Term
Read MoreGold (XAUUSD) shows bearish sequence from 3/8/2022 high favoring more downside. This article and video look at the Elliott Wave path
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SONY Must Be Further Bearish In This Year, But How?
Read MoreSony Group Corporation, commonly known as Sony and stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo, Japan. As a major technology company, it operates as one of the world’s largest manufacturers of consumer and professional electronic products, the largest video game console company and the largest video game publisher. […]
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Elliott Wave View: EURJPY Should Continue Lower To End A Cycle
Read MoreShort term Elliott Wave view in EURJPY is telling us that pair completed an impulse from March 2022 low. Market peak at 144.289 and we labeled as wave ((1)). We believe that market has started a correction of the whole cycle. The currency is developing the first leg lower of a big correction. The drop […]
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Elliott Wave View: Oil Near To Complete a Cycle Looking For A Bounce
Read MoreShort term Elliott Wave view in Oil suggests the decline from 123.77 did 5 waves down ended an impulse as wave ((a)) at 101.56. Then market bounced building a corrective structure and ended wave ((b)) at 114.04. Oil has turned lower in wave ((c)) to complete a 3 swings structure to look for a double […]
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Canada Index (TSX) Needs One Wave Down To End A Double Correction
Read MoreThe S&P/TSX is a major stock market index which tracks the performance of largest companies by market capitalization on the Toronto Stock Exchange in Canada. It is a free float market capitalization weighted index. The index covers approximately 95 percent of the Canadian equities market. The S&P/Toronto Stock Exchange Composite Index has a base value […]