S&P 500 is close to breaking about 2018 high. This article and video explains the short term Elliott Wave path of the Index.

Silver continues to show incomplete sequence from Feb 21. This article and video explains the short term Elliott Wave path for the metal.

In today’s blog, we will have a look between the relationship of the Dollar Index and the Mexican Peso. The USDMXN has been trading in the same direction as the Dollar Index and both have peaked in January 2017. As you can see in the following chart below.   Dollar Index vs USDMXN 04/11/2019 Weekly Chart    […]

XLE Topping Soon Taking a look at the recent Elliott wave structure in XLE suggests a top may be near. Starting from the 12/24/18 low at $53.25 the energy ETF shows a 5 wave impulse in wave (A) to $66.93 on 2/20/19. From there we count a 3 wave correction to the (B) wave low […]