The Expanded Flat correction is a common corrective structure seen in wave 2 and 4 of a Motive Wave, the connector in a Zig Zag or any part of a Double or Triple Correction. In a bullish trend scenario price moves against the trend lower in a 3 wave structure to form wave A. Wave […]

Preferred view now is that 10 year yields have completed wave ( B ) at 2.82% and have resumed the decline. Bounces should now prove corrective and as far as they stay below 2.82%, we would expect more downside in TNX. We don’t like buying into proposed bounces. Primary view calls for a drop to […]

We been calling for more downside on HG (Copper) since February 21/2014. It’s been moving perfectly according to our forecast. Just take a look at this series of charts from members area

Preferred view is that wave (( B )) low is in place at  0.8153 and pair has turned higher as expected. Short-term, expect a test of 0.8380 – 0.8398 region to complete wave A after which pair should pull back in wave B in 3, 7 or 11 swings and continue higher. We don’t like […]