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 […]
Brent Crude (BZ) Still Looking for Bottoming SignRead More
Brent Crude (BZ) is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world’s internationally traded crude oil supplies. It is one of the two main benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate (WTI). Brent Crude formed significant low on 4.20.2020 […]
Elliott Wave View Suggests Silver (XAGUSD) Correction Still OngoingRead More
Silver (XAGUSD) is correcting cycle from 3.10.2023 in a double three. This article and video look at the Elliott Wave path.
ZL #F: Soybean Oil Provides a Long Opportunity in 3 Swings PullbackRead More
Soybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable oil, basically, for frying and baking. Also, soybean oil finds applications medically and, when processed, for printing inks and oil paints. One can trade Soybean […]
CL_F (Crude Oil) Looking To Complete Impulse Elliott Wave Sequence Before Pullback StartsRead More
CL_F (Crude Oil) favors higher in 5 wave Impulse Elliott Wave sequence as wave 1 before pullback starts. It placed (B) at $64.12 low on 3/20/2023. Above (B) low, it placed ((i)) at $71.67 high & ((ii)) at $66.82 low. ((ii)) was 0.618 Fibonacci retracement of ((i)). It favored ended ((iii)) at $81.81 high on […]
Gold (XAUUSD) Elliott Wave Bullish Sequence Favors HigherRead More
Gold (XAUUSD) shows bullish sequence from 9.28.2022 low favoring more upside. This article and video look at the Elliott Wave path.
Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish SequenceRead More
Silver (XAGUSD) creates a bullish sequence from 9.1.2022 low. This article and video look at the Elliott Wave path for the metal.