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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$HG_F (Copper) 6.12.2013
Read MoreDr. Copper is following our proposed path perfectly so far. We have seen the bounce that we expected in yesterday’s chart of the day and we expect resistance between 3.23 – 3.25 to cap for continuation lower. Only a break of 3.285 would negate this view.
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$HG_F (Copper) 6.11.2013
Read MoreMetal appears to be in a 7 swing decline from 3.40 peak when rally to 3.28 was wave ( x ). Expect a pullback to hold below this level and another swing lower toward 3.14 – 3.15 region to complete a cycle from 3.40 peak.
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