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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Has Gold Ended the 8 Months Correction?
Read MoreThere’s a lot of talk in Fintwit lately suggesting that precious metals may have ended the long 8 months correction and ready for the next glorious rally. In this article, I will attempt to answer the question whether Gold has ended correction or not using technical analysis. I will use Elliott Wave Theory and also […]
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FCOJ: Frozen Concentrated Orange Juice Prices Should Climb Higher
Read MoreOrange Juice is a liquid extract of the orange tree fruit which is produced by squeezing or reaming oranges. It became a standard consumption good in the world but the juice is not everywhere the same. Indeed, there are important differences in the way how the companies produce it. Besides the most natural freshly squeezed […]
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$CC #F: Bullish Sequence to Push Cocoa Prices Higher
Read MoreCocoa (or cocoa bean) is one of soft commodities, along with sugar, coffee, orange juice and cotton. The bean is the fully dried and fermented seed, wherefrom cocoa solids and cocoa butter can be extracted. Cocoa beans are the basis of the chocolate. One can trade Cocoa futures at ICE owned New York Board of […]
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$LBS : Lumber Prices May Explode Real Estate Market
Read MoreLumber, also known as timber, is a type of wood that has been processed into beams and planks. One can trade it in form of Random Length Lumber futures and options at Chicago Mercantile Exchange within the agriculture asset class under the ticker $LBS. Currently, we see commodities in general, and metals and energy in […]
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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.