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In this article, we will look at the American Airlines (AAL) to make sense of the recent huge volatility in the stock market. The world faces a tremendous crisis due to the pandemic created by the Corona virus. The financial markets consequently have entered a tremendous selling pressure. As it always happens, some sectors always […]
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NetEase Inc. ($NTES) Strong Bullish Trend
Read MoreCloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low. NetEase Inc is in the cloud computing business, focused on community, communications, commerce and video games. Lets take a more detailed look at their operations: “NetEase, Inc. is a Chinese Internet technology company providing online services centered […]
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Elliott Wave View: Correction in Oil Completed
Read MoreOil ended the correction from August 26 high. While above September 8 low, expect dips in 3,7,11 swings to find support for more upside.
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Forecasting The Rally Higher For Palladium
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Palladium (PA_F). The 1 hour NY Midday chart update from September 3 shows that wheat has ended the cycle from August 12 low as wave (3) at 2415 high. Elliott Wave theory dictates that 3 waves pullback should happen afterwards […]
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Elliott Wave View: Bullish Sequence in EURGBP Favors More Upside
Read MoreEURGBP is correcting against cycle from 9/3 low as zigzag correction. Pair can reach blue box area soon where it can see 3 waves bounce at least from there.