Short Term Gold Elliott Wave suggests that the rally from 8/15 low is unfolding as a zigzag. The first leg Minor wave A is subdivided as an impulse. Minute wave ((i)) of A ended at 1300.83, Minute wave ((ii)) of A ended at 1274.45, Minute wave ((iii)) of A ended at 1326, and Minute wave ((iv)) […]

Geopolitical tensions intensified after North Korea conducted its sixth and most powerful nuclear test on Sunday, 3rd September 2017 detonating what it said was a hydrogen bomb meant for intercontinental ballistic missile. The United States warned it could launch a “massive” military response if it or its allies were threatened. Most of the Stock Markets […]

Under Armour (NYSE: UAA) is one of the leading sporstwear companies around the world. However it’s stock has been struggling in the recent 2 years as it lost %68 since September 2015. In our previous article, we pointed out to the current correction taking place which could turn out to be 3 waves flat structure. […]

Cleveland-Cliffs (NYSE: CLF) formerly known as Cliffs Natural Resources is a mining and natural resources company with a focus on iron ore. Let’s jump directly to the daily chart presented below showing the cycle from 01/12/2016 low which was a significant bottom for the stock. Up from there, CLF rallied in 7 swings structure forming a double three structure that ended […]