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Elliott Wave View: Gold May Have Completed Correction
Read MoreElliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below, we can see wave ((4)) of this impulse is proposed complete at 1458.76. Internal subdivision of wave ((4)) unfolded as a double three where wave […]
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Elliott Wave View: Oil Resumes Lower Impulsively
Read MoreShort term Elliott Wave view on Oil suggests wave (B) rally ended at 63.38 on September 17, 2019 high. The commodity has since turned lower within wave (C) which is unfolding as 5 waves impulse Elliott Wave structure. This view will get validation when it breaks below the previous low on August 7, 2019 low (50.52). […]
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Elliottwave View: GBPUSD Rally Expected To Fail
Read MoreGBPUSD shows a 5 waves impulsive decline from Sept 20 high. Rally likely fails in 3, 7, 11 swing below there for more downside.
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Elliott Wave View: Nike continues to make All Time High
Read MoreNike continues to make an all-time high and sequence remains incomplete. The article and video show the short term Elliott Wave path for the stock.
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Elliott Wave View: Further Downside in Exxon Mobil (XOM)
Read MoreShort term Elliott Wave view on Exxon Mobil (ticker: XOM) suggests the rally to 75.68 on September 16, 2019 high ended wave ((X)). The stock has turned lower and the structure of the decline unfolded as a 5 waves impulse Elliott Wave structure. Down from 75.68, wave ((i)) ended at 73.6 and bounce to 74.37 ended […]
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Elliott Wave View: EURJPY Has Resumed Lower
Read MoreAfter forming a low on September 3, 2019 at 115.8, EURJPY has rallied in 3 waves. The rally ended at 120.62 and we labelled this bounce as wave 4. As the structure of the rally from September 3, 2019 low is in 3 waves, this tells us that the rally is only a correction. The […]