Oil has broken higher and resumed the bullish cycle from April 2020 low. This article and video look at the Elliott Wave path.

Post-pandemic economic rebound, government infrastructure spending, and green energy plan have driven the rally in industrial and precious metals in 2021. As governments globally are looking to curb climate change, demand for platinum may surge. The metal is used in catalysts in diesel vehicle engines to reduce carbon emissions. World Platinum Investment Council forecasts demand […]

Natural Gas Resumed Higher After It found Buyers In The Blue Box In this blog, we take a look at the short term view on Natural Gas reaching the blue box and reacting higher after finding buyers. On the 1 hour chart from 5/11/2021, the commodity rallied in  5  impulse waves in the subminuette (red) degree. This […]

Oil shows a 5 waves diagonal rally from March 24 low and dips can find support soon. This article and video look at the Elliott Wave path.

Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of the easing and start travelling again, increasing consumption of biofuel. This means that mills can start processing more sugar cane into ethanol, rather than into sweetener as it’s also generally more profitable. Severe droughts hitting Brazil has […]

Short Term Elliott Wave structure for Gold (XAUUSD) suggests the rally from March 31, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 31 low, wave (1) ended at 1797.83 and wave (2) pullback ended at 1755.93. Gold has resumed higher within wave (3) which has internal subdivision of […]