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Elliott Wave View: Silver Needs More Downside Before a Pullback
Read MoreShort term Elliott Wave view on Silver (XAGUSD) continued with bearish momentum from 10.04.2022 high calling for further downside. Decline from 10.04.2022 high is unfolding as a 5 waves impulse. Down from 10.04.2022 high, wave ((i)) ended at 19.92 and rally in wave ((ii)) ended at 20.87. Then silver resumes the drop as wave ((iii)). Internal […]
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Elliott Wave View: EURUSD Should Be Near To Pullback
Read MoreShort term Elliott Wave view on EURUSD suggests the cycle from 10.04.2022 high is over at 0.9630 low as a double correction structure. The market bounced and a new double correction is in progress to end the cycle from 9.28.2022. Up from 10.13.2022 low, wave (a) ended at 0.9808 and dips in wave (b) ended […]
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Procter & Gamble ( PG ) Looking To Reach Extreme From The Peak
Read MoreThe Procter & Gamble ticket symbol: PG is a company focused on providing branded consumer packaged goods to consumers across the world. The Company operates through five segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through […]
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$LBS: Lumber Prices in a Historic Double Correction
Read MoreLumber, also known as timber, is a type of wood that has been processed into beams and planks. One can trade it in form of Random Length Lumber futures and options at Chicago Mercantile Exchange within the agriculture asset class under the ticker $LBS. In 2020, we saw commodities turning higher. Since January 2021, rally […]