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 […]

Cotton 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 […]

An 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 […]