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) May Still See Further Downside
Read MoreThe Fed has raised interest rates four times this year to fight inflation. They hiked by 0.25 basis point in March, the first hike in more than three years. Then they hiked further 50 basis point in May, 0.75% in June, and another 0.75% in July. This takes the current benchmark rate to 2.25 – […]
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Elliott Wave View: Silver (XAGUSD) Impulsive Rally Suggests Further Upside
Read MoreSilver (XAGUSD) rally from 7.14.2022 low is impulsive favoring further upside. This article and video look at the Elliott Wave path.
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Elliott Wave View: 5 Waves Rally in Gold
Read MoreGold (XAUUSD) rally from 7.21.2022 is impulsive and should see more upside. This article and video look at the Elliott Wave path.
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Elliott Wave View: Dollar Index (DXY) Resumes Higher
Read MoreDollar Index (DXY) has ended correction and started the next leg higher. This article and video look at the Elliott Wave path.
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Sugar – Forecasting Elliott Wave Path and Calling The Decline
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of Sugar (SB_F) published in members area of the website. SB_F ended a cycle from 04.13.2022 peak as a Zigzag Elliott wave structure. and bounced. Based in correlation with other commodities and US Dollar Index calling for more upside, we called […]
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Elliott Wave View: Silver Has Reached Daily Extreme Area
Read MoreSilver has reached the minimum 100% target in daily time frame from 2.1.2021 at $18.37. However, short term, the metal can still see further downside. Near term Elliott Wave view in Silver (XAGUSD) suggests the decline from 6/6/2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 6/6/2022 high, wave […]