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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Gold (XAUUSD) Short Term Elliott Wave Support Area
Read MoreGold (XAUUSD) is correcting cycle from 2.28.2023 low in a double three Elliottwave structure. This article and video look at the support area for Gold.
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GOLD ( XAUUSD) Found Buyers After 3 Waves Pull Back
Read MoreIn this article we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we are favoring the long side in the commodity. GOLD is showing bullish sequences in the cycle from the 1614.3 low. We recommended members to avoid selling […]
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Brent Crude (BZ) Still Looking for Bottoming Sign
Read MoreBrent 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 […]
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Elliott Wave View Suggests Silver (XAGUSD) Correction Still Ongoing
Read MoreSilver (XAGUSD) is correcting cycle from 3.10.2023 in a double three. This article and video look at the Elliott Wave path.
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ZL #F: Soybean Oil Provides a Long Opportunity in 3 Swings Pullback
Read MoreSoybean 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 […]
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CL_F (Crude Oil) Looking To Complete Impulse Elliott Wave Sequence Before Pullback Starts
Read MoreCL_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 […]