

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 […]
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$CL_F (10.14.2013)
Read MoreOil has turned lower after completing wave ( b ) @ 102.50. Expect a test of 99.60 – 100.37 to complete wave A after which Oil should correct the entire drop from 104.37 and trade lower again. We don’t like chasing weakness at current levels as cycle from 104.37 would be ending soon and we […]
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$CL_F (US Oil) 10.11.2013
Read MoreOil has broken below 101.06 low suggesting rally to 103.59 was wave (( b )) and we should be completing 5th swing soon after which Oil should make a pull back in wave ( b ) and trade lower 1 more time to complete 7 swings down from 104.37 peak. Hourly cycles are negative so […]
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$XAG/USD (Silver) 10.8.2013
Read MoreMetal has broken higher from wave (( b )) triangle and while above 21.59, expect another push higher toward 22.74 – 23.01 area to complete a cycle from 20.59 low after which metal should pull back at least in 3 waves. Hourly cycles are negative but we don’t like selling the metal unless of course […]
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$CL_F (US Oil) 10.3.2013
Read MoreExpect marginal new highs to 105.00 to complete wave A as a FLAT. This should result in a wave B pull back and further strength toward 106.67 – 107.99 to complete wave ( B ). Hourly cycles are negative but we don’t recommend selling in wave B as more upside would be expected after that. […]
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$Gold breaks lower
Read MoreGold faces a perfect rejection at 1351 (equal legs) as forecased in this 1 hour Elliott wave analysis presented to members on September 28 2013. Let’s take a look at some charts 9.28.2013 9.30.2013 10.1.2013 If you would like to receive frequent , timely updates, stay on top of changes in […]
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$GC_F (Gold) Short-term forecast (10.1.2013)
Read MoreBreak below 1306 confirms wave (( b )) has completed @ 1351. While below 1312 – 1322 expect 2 more lows to complete a 5 wave decline from 1351 peak. Focus is at 1265 and if exceeded , we could even reach 1246 If you would like to receive frequent , timely updates, stay on […]