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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Platinum (PL) Ready to Rally in 2023
Read MorePlatinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively hiked rates multiple times, creating a sideways to lower movement in the commodity sectors. There’s however no doubt that the longer term outlook of commodities […]
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Elliott Wave View: Silver (XAGUSD) Wave 5 Ending Soon
Read MoreSilver (XAGUSD) rally as impulse from 9.1.2022 low and about to end wave 5. This article and video look at the Elliott Wave path.
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OIL ($CL_F) Elliott Wave : Forecasting The Decline From Equal Legs Area
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL . As our members know, break of 09/27 low made incomplete bearish sequences in the cycle from the June peak. Consequently we were calling for further extension down within the cycle. Recently the commodity […]
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Elliott Wave View: Gold Has Turned Bullish
Read MoreGold (XAUUSD) shows impulse structure from 9.28.2022 looking for further upside. This article and video look at the Elliott Wave path.
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Elliott Wave View: Silver (XAGUSD) 5 Waves Down Suggests Further Downside
Read MoreSilver (XAGUSD) shows 5 waves structure from 11.15.2022 high looking for more downside. This article and video look at the Elliott Wave path.
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Elliott Wave View: Oil (CL) Has Started New Leg Higher
Read MoreOil (CL) shows a bullish sequence from 9.26.2022 low favoring more upside. This article and video look at the Elliott Wave path.