Russell 2000 (RTY) ended a 3 swing corrective rally from 10.13.2022 low at 2016.90 on 2.2.2023 high. From this level, the Index declines lower with internal subdivision as a 5 waves impulse Elliott Wave structure. Down from 2.2.2023 high, wave ((i)) ended at 1906.2 and rally in wave ((ii)) ended at 1970.10. The Index resumes […]

Lean Hogs is a livestock commodity within the agriculture asset class, along with live cattle, feeder cattle and pork cutouts. One can trade Lean Hogs futures at Chicago Mercantile Exchange in contracts of 40’000 pounds each under the ticker HE #F. As a matter of fact, the futures prices are widely used by U.S. pork […]

Types of Communications Stocks The communications sector is typically segmented into the following sub-sectors: Wired Telecommunications Carriers. Companies that are involved in fiber optic and other hard-wired communications infrastructures. Wireless Telecommunications Carriers. These are cell phone providers and other companies that provide telecom services. Telecommunications Resellers. Companies rely on the network of other providers to […]

Hello Traders, in this article we will analyze how XAGUSD (Silver), reacted higher from equal legs area. With the cycle from 02.02.2023 decline in Silver having a clear connector we were able to project the area in which we were expecting a reaction to take place. Here at Elliott Wave Forecast, we call these areas, […]