Natural Gas (NG) has lost over 63% in value since the peak in August 2022. It has been a rather sharp decline with a sizeable recovery in the middle before the decline resumed again. Today, we will take a look at Elliott Wave structure of the decline from August 2022 peak, show some charts from […]
HE #F: Lean Hogs Reacting Higher from Blue Box AreaRead More
Lean Hogs is a livestock commodity within the agriculture asset class, along with live cattle, feeder cattle and pork cutouts. One can trade Lean Hogs futures at Chicago Mercantile Exchange in contracts of 40’000 pounds each under the ticker HE #F. As a matter of fact, the futures prices are widely used by U.S. pork […]
XAGUSD: Silver reaction higher from equal legs areaRead More
Hello Traders, in this article we will analyze how XAGUSD (Silver), reacted higher from equal legs area. With the cycle from 02.02.2023 decline in Silver having a clear connector we were able to project the area in which we were expecting a reaction to take place. Here at Elliott Wave Forecast, we call these areas, […]
Bullish Elliott Wave Outlook in Gold (XAUUSD)Read More
Gold (XAUUSD) rallies from 2.28.2023 low as an impulse favoring more upside. This article and video look at the Elliott Wave path.
Lithium ETF (LIT) Should See More Downside To Reach A Blue BoxRead More
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global […]
Platinum (PL) Ended Correction and Resumes HigherRead More
In our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullback has likely completed. The metal can start to resume higher in months to come. Below we will look at the technical outlook using Elliott Wave. Platinum […]
Elliott Wave View: Sideways Price Action in Oil (CL) May Resolve to the UpsideRead More
Oil (CL) shows rallies as an impulse from 12.9.2022 low favoring more upside. This article and video look at the Elliott Wave path.