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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Lithium ETF (LIT) Should See More Downside To Reach A Blue Box
Read MoreThe Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global […]
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Platinum (PL) Ended Correction and Resumes Higher
Read MoreIn our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullback has likely completed. The metal can start to resume higher in months to come. Below we will look at the technical outlook using Elliott Wave. Platinum […]
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Elliott Wave View: Sideways Price Action in Oil (CL) May Resolve to the Upside
Read MoreOil (CL) shows rallies as an impulse from 12.9.2022 low favoring more upside. This article and video look at the Elliott Wave path.
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Elliott Wave Suggests Gold (XAUUSD) Still Has Scope to Extend Lower
Read MoreGold (XAUUSD) is correcting cycle from 9.28.2022 low and has scope to extend lower. This article and video look at the Elliott Wave path.
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Elliott Wave Projects Oil Pullback to Find Buyers
Read MoreOil cycle from 12.10.2022 low is in progress as an impulse. Dips should find support in 3, 7, 11 swing. This article & video look at the Elliott Wave path.
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CL_F: Crude Oil Futures Found Support From Equal Legs Area
Read MoreHello Traders in this blog we will see how CL_F Crude Oil Futures found support from equal legs area and reacted higher within wave 2. Many traders are wondering whether Crude Oil will still trade lower or higher after it’s larger degree peak it made from March 7th, 2022. In this article we will only […]