Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of OIL published in members area of the website. As our members know, we were calling for decline in OIL from November 2018.  As of right now the commodity is correcting the cycle from the 26.18 low. Proposed […]

Elliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, Primary wave ((1)) ended at $65.74, Primary wave ((2)) ended at $67.95, and Primary wave ((3)) remains in play. Internal of Primary wave ((3)) also unfolded […]

The World Indices have shown a sideways to lower year in 2018. The last Quarter alone World Indices lost their gains, for example, the SPX or the Dow Jones. Other World indices peaked earlier than others this year and some of them did not produce new highs again. There is a lot of speculation going around […]

In this blog, I want to share some short-term Elliott Wave charts of AUDCAD which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 12/19/18. Showing that AUDCAD ended the cycle from 12/03/18 peak in red wave W at 12/09/18 low (0.95680). As AUDCAD ended the cycle […]