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Elliott Wave View: Palladium 7 swing Correction In Progress
Read MorePalladium is in a 7 swing correction before the rally resumes. This article and video look at the Elliottwave path and target.
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Elliott Wave View: Further Downside in USDCHF
Read MoreUSDCHF shows an incomplete sequence from April 2019 peak favoring further downside and rally to fail in 3, 7, 11 swing. In the short term chart below, the bounce to 0.985 ended wave B and pair has resumed lower in wave C. The internal subdivision of wave C is unfolding as a 5 waves impulse Elliott […]
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Elliott Wave View: Peloton ($PTON) The Next Leg Up
Read MorePeloton ($PTON) had a very nice run before topping December 2019, and may be ready for the next leg up. The caveat with analyzing companies that have recently gone public is there is not much history to analyze. However, the structure that Peloton has since hitting the all time lows suggests the next bull run […]
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AUDJPY at 11 Year Low Amidst Coronavirus Fear
Read MoreAUDJPY sank to 11 year low last week as the market is pricing in a drastically lower Australia’s growth outlook. The coronavirus outbreak around the world has disrupted everything from travel, supply chain, and daily activities. The virus first originated in Wuhan, China and has infected 81,000 people globally and killed more than 2700 people. […]