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: Oil (CL) Wave (5) Rally in Progress
Read MoreOil has made a new high and continues the impulsive rally from April 2020 low. This article and video look at the Elliott Wave path.
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Elliott Wave View: Silver Pulling Back within Bullish Trend
Read MoreSilver is still correcting as a zigzag from February 1 peak. This article and video look at the short term Elliott Wave path.
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LE #F: Meat Prices to Double as Live Cattle Prices Rally
Read MoreLive Cattle is a livestock commodity within the agriculture asset class, along with lean hogs, feeder cattle and porc cutouts. Once the feeder cattle have reached the target weigh of 1050-1500 pounds, they can be referred to as fed or live cattle. One can trade Live Cattle futures at Chicago Board of Trade in contracts […]
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Elliott Wave View: Further Downside in Gold
Read MoreGold has broken below last year low suggesting it has further downside. This article and video look at the Elliott Wave path.
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Silver Should Outperform with Break Lower in Gold-To-Silver Ratio
Read MoreGold-to-Silver Ratio is simply gold price divided by silver price. After spiking to all-time high at 126.4 on March last year to 126.4 due to the fear of Covid-19 pandemic, it has turned lower considerably. The average ratio in 300 years history is around 30 as the chart below shows: The natural ratio in the […]
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Elliott Wave View: Silver Broke to 52 Week High
Read MoreSilver broke to new 52 week high suggesting the next leg higher has started. This article and video look at the Elliott Wave path.