Elliott Wave Subjective Nature The Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, offers a framework for predicting market movements. Elliott Wave is based on repetitive wave patterns that nest inside of each other. While it has its merits, the subjective nature of the theory makes the use of additional indicators a […]

NG has been a hot commodity, literally. If we look at Natural gas’s price action history on the daily chart, there is a giant spike from the 1.80 to 3.10 area in just a few months. After that, NG has crashed back down to just 1.97 today shown here. What forecasting techniques could we have […]

Nikkei (NKD) cycle from 7.11.2024 high is in progress as a double three, expecting more downside. this article and video look at the Elliott Wave path.

Hello traders, welcome to another blog post. Today, we will examine WTI Crude Oil Futures (CL). The commodity experienced a sell-off in July 2024. How much lower can it go? And how can traders find opportunities along the dominant path? Looking back at the price action post-COVID, the commodity began a bullish cycle in April […]