Supply Deficit in Palladium May Continue to Support Price
Palladium market continues to be in short supply for 9 straight years. The gap between mine supply and consumption in 2020 was around 1 million ounce of palladium. The chart…
Elliott Wave View: Oil About to End Short Term 5 Waves Impulse
Elliott Wave structure of the rally in Oil from December 23, 2020 low is unfolding as a 5 waves impulse. Up from December 23 low, wave ((i)) ended at 48.62…
Elliott Wave View: Silver Still Consolidating Gain in 2020
Short Term Elliott Wave view suggests the rally from September 24, 2020 low in Silver ended wave ((1)) as a leading diagonal. Pullback in wave ((2)) is now in progress…
Soybeans ( $ZS_F ) Bullish Sequences Calling The Rally
Hello fellow traders. Soybeans ($ZS_F) has been giving us nice trading setups recently . In this blog, we’re going to take a quick look at the Elliott Wave charts of…
Elliott Wave View: Is Gold Bottom in Place?
Since bottoming on December 1, 2020 low at $1764., Gold has steadily risen. Short Term Elliott Wave View suggests the rally from December 14, 2020 low is unfolding as a…
Elliott Wave View: OIL Can Extend Lower In Correction
Short term Elliott wave view in OIL ( $CL_F) suggests that the main cycle from April 2020 low remain bullish to the upside favoring more upside. Near-term, the rally from…
Elliott Wave View: Oil (CL) Impulsive Rally In Progress
Rally in Oil (CL) from Nov 2 low is unfolding as 5 waves impulsive Elliott Wave structure. In the 60 minutes chart below, we can see wave 3 of this impulse…
$U : Uranium Participation Corporation Ramping Up
Uranium Participation Corporation (UPC) is a holding company which invests its assets long-term in the uranium, both in form of uranium oxide and uranium hexafluoride. Founded in 2005, UPC has…
Post-Pandemic Future Demand Recovery Supports Oil
The news that Covid-19 vaccines will soon be available to fight the pandemic has boosted the global oil markets. Demand has plummeted since the start of the pandemic. Organization of…