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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Elliott Wave View: Litecoin (LTCUSD) Has Scope for More Downside
Read MoreLitecoin (LTCUSD) declines impulsively and the crypto currency still has scope for further downside. This article and video look at the Elliott Wave path.
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Best Commodity ETFs for 2024
Read MoreA commodity ETF is a type of exchange-traded fund (ETF) that is invested in physical goods such as agricultural commodities, precious metals, and natural resources. Usually, a commodity ETF focuses on investments related to futuristic contracts or a single commodity concerning physical storage. There are four basic types of commodity ETFs: Physically backed funds– Physical […]
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UK Oil (Brent) – One more push prior to advance
Read MoreUK Brent Oil has been on a bullish trend since the lows of April 2020 – the start of the Covid19 pandemic. Despite the fears of UK Oil dropping in value we witnessed price climbed from 20.00 to 130.00 within the space of two years. Ever since the highs we have been within a corrective […]
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Elliott Wave View: Silver Looking to Correct Further
Read MoreSilver shows a 5 waves decline from April 18 high favoring more downside. This article and video look at the Elliott Wave path.
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Platinum Elliott Wave Outlook
Read MorePrecious metals and other commodities continue their bullish run as a result of inflationary pressure and war in Ukraine. In this article, we will take a look at Platinum. Platinum is considered as a precious metal. However, unlike gold, Platinum has industrial application. 75% of the worlds’ supply of gold is used in coins, bars […]
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Elliott Wave View: Gold Correction in Progress
Read MoreGold shows a lower low sequence from March 8 peak suggesting further downside can’t be ruled out. This article and video look at the Elliott Wave path.