Here is a quick blog from our Live Trading Room host, Dan Hussey.  Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage.  The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]

Preferred view is  that cycle from 22.17 high is over i.e. wave ( A ) and wave ( B ) bounce is in progress. Following a pull back in wave B (which can reach as low as 19.09 – 19.25) metal is expected to turn higher in wave C which can reach as high as […]

Preferred view is that dip to 3.003 completed wave B of X and metal is now trading higher in wave C of X which can reach as high as 3.265 before the decline resumes. Short-term, a cycle from 3.003 low looks to have completed , we have labelled this as wave (( w )) as […]

Complex price action continues in Oil. Decline from 102.24 -98.84 was a 5 wave move and though recovery after that has been corrective in nature as far as Elliott wave structure is concerned but it has broken the pivot at 102.24 in proprietary system due to which our primary view is that dip to 98.84 […]

Move up from 2.877 (3.19.2014) low – 3.074 (4.2.2014) high was a corrective 7 swing Elliott wave structure. 7 swings is a corrective sequence and our system is also confirming the end of a cycle from 2.877 low, therefore preferred Elliott wave view is that wave “X” has completed and decline has resumed for new […]

Gold decline from 1392 is taking the form of a triple corrective structure, another low toward 1274 -1282 is expected to complete a cycle i.e. wave A. After A completes gold should see a recovery in wave B before the decline resumes. We don’t like buying the metal in proposed wave B recovery and would […]