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: Correction in Oil Completed
Read MoreOil ended the correction from August 26 high. While above September 8 low, expect dips in 3,7,11 swings to find support for more upside.
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Forecasting The Rally Higher For Palladium
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Palladium (PA_F). The 1 hour NY Midday chart update from September 3 shows that wheat has ended the cycle from August 12 low as wave (3) at 2415 high. Elliott Wave theory dictates that 3 waves pullback should happen afterwards […]
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Wheat (ZW_F) Bounced Higher From Blue Box
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Wheat Futures (ZW_F). The 4 hour chart update from August 13 shows that wheat has ended the cycle from June 27 low as wave (A) at 551.6 high. The sub-waves of the rally unfolded as 5 waves impulsive structure. […]
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Elliott Wave View: Further Correction in Gold Still Possible
Read MoreGold extended lower from August 18 high. While below September 1 high, expect bounce in 3,7,11 swings to fail for more downside.
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Coffee Elliott Wave View: Buying From Blue Box Area
Read MoreIn this blog, we take a look at the past performance of 1 hour Elliott Wave charts of Coffee In which our members took advantage of the blue box areas.
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Elliott Wave View: Further Upside in Oil (CL)
Read MoreOil ended correction from 8/5 high. From there, it has extended higher and broke above previous 8/5 high. While above 8/20 low, expect more upside in Oil.