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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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.
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Supply Deficit in Palladium May Continue to Support Price
Read MorePalladium 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 below shows the deficit from 2011-2019 Palladium is used by automakers in catalytic converter manufacturing to clean greenhouse exhaust fumes. COVID-19 pandemic in 2020 further […]
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Elliott Wave View: Oil About to End Short Term 5 Waves Impulse
Read MoreCycle from December 23 low is about to end as a 5 waves. Oil may see a pullback soon in 3, 7, 11 swing but larger degree trend remains bullish.
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Elliott Wave View: Silver Still Consolidating Gain in 2020
Read MoreSilver is correcting cycle from September 24 low in larger 3 waves before the rally resumes. This article and video look at the Elliott Wave path.
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Soybeans ( $ZS_F ) Bullish Sequences Calling The Rally
Read MoreHello fellow traders. Soybeans ($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 Soybeans ZS_F , published in members area of the website. ZS_F is showing impulsive sequences in the cycle from the April 808’0 low. We’ve been […]