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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OIL ($CL_F) Elliott Wave : Calling 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, OIL is having bearish sequences in the cycle from the 123.8 peak. Current view is calling for further weakness against the 101.9 pivot in first degree. Recently the commodity […]
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ZS_F Forecasting The Rally And Selling In Blue Box
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of ZS_F (Soybean futures) published in members area of the website. As our members knew, we’ve been favoring the short side in ZS_F (Soybean futures) due to incomplete bearish sequence down from June 9, 2022 peak against July 29, 2022 peak. […]
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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.