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 […]
-
$CT #F: Cotton Started Multi-Decade Cycle Higher
Read MoreCotton is one of soft commodities, along with sugar, coffee, orange juice and cocoa. In early centuries, Alexander the Great has brought cotton from Pakistan to Europe. Much later and finally, it has obtained the dominance in textile manufacturing during the British industrial revolution in the 18th century. It was so critical that at times […]
-
Inflation Risk Supports Gold and Silver
Read MoreAn increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to replenish stockpiles to keep up with demand and higher input prices. However, central bankers still argue that price gains are transitory. They claim it will […]
-
Elliott Wave View: Silver Rallying in 5 Waves
Read MoreSilver rallies from March 31 low as an impulse favoring further upside. This article and video look at the short term Elliott wave path for the metal.
-
Sugar (SB) Finds Buyers At Blue Box and reacts Higher
Read MoreIn today’s blog, we take a look at short term Elliott Wave view on Sugar (SB) Sugar has the right side up against red wave 2 lows at $15.33. Up from there, one can see a clear Elliott Wave five wave impulse. The commodity completed the upside rally at around $17.79 area for red wave 3. […]
-
Elliott Wave View: Copper Should Remain Supported
Read MoreCopper has made a 10 year high and should continue to rally higher. This article and video look at the Elliott Wave path of the metal.
-
Palladium ($PA_F) Forecasting The Rally & Buying The Dips
Read MoreHello fellow traders. Palladium Futures ( $PA_F ) is another instrument that has given us nice trading opportunity lately . As our members know the commodity is showing impulsive bullish sequence. We recommended members to avoid selling the commodity and keep on buying the dips in 3,7,11 sequences when get chance. In this technical blog we’re going […]