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You are here: Home / Archives for Commodities

Natural Gas (NG): A Look at Elliott Wave Decline and Target Area

CalendarThursday 12 January 2023 User By Daud Bhatti

Natural Gas Elliott Wave Target Area

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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  • Coffee (KC_F) Presents Another Buying Opportunity At The Blue Box

    Coffee (KC_F) Presents Another Buying Opportunity At The Blue Box


    Greetings and salutations fellow traders. In this blog, we examine the recent buying opportunity presented by Coffee. Looking at the Elliott Wave 1 hour chart from 6/3/2021, we see a rally from $143.85 red wave 2 lows. We anticipated the rally to complete five  wave impulse in the blue degree. As shown in the chart from 6/3/2021, […]

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  • Elliott Wave View: Oil (CL) Should Continue to Extend Higher

    Elliott Wave View: Oil (CL) Should Continue to Extend Higher


    Oil has broken higher and resumed the bullish cycle from April 2020 low. This article and video look at the Elliott Wave path.

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  • Platinum Looking for 5 Waves Rally

    Platinum Looking for 5 Waves Rally


    Post-pandemic economic rebound, government infrastructure spending, and green energy plan have driven the rally in industrial and precious metals in 2021. As governments globally are looking to curb climate change, demand for platinum may surge. The metal is used in catalysts in diesel vehicle engines to reduce carbon emissions. World Platinum Investment Council forecasts demand […]

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  • Natural Gas (NG) Reacts Higher From The Blue Box

    Natural Gas (NG) Reacts Higher From The Blue Box


    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 […]

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  • Elliott Wave View: Oil May See Short Term Support Soon

    Elliott Wave View: Oil May See Short Term Support Soon


    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.

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  • Global Sugar Supply Shortage Propels Price

    Global Sugar Supply Shortage Propels Price


    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 […]

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