Corn (ZC_F) Forecasting The Bounce From The Blue Box Area
In this blog, we are going to take a quick look at the Elliottwave chart of Corn (ZC_F). The chart from 1.16.2020 New York update showed that Corn was doing…
Elliott Wave View: Oil Downside Target
Oil has extended lower and short term Elliott Wave view suggests the decline from 1.8.2020 high is unfolding as a zigzag Elliott Wave structure. Down from January 8 high, wave…
Soybean May Benefit From US – China Phase 1 Trade Deal
With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean's market at least in the short term. This…
Elliott Wave View: Oil ($CL_F) Decline in Impulsive Structure
Elliott Wave view on Crude Oil ($CL_F) suggests rally to $65.69 on January 8, 2020 ended wave (1). This ended a 5 waves rally from October 3, 2019 low. Oil is…
Copper (HG_F) Buying The Dip From The Blue Box Area
In this blog, we’re going to take a quick look at the Elliott Wave chart of copper. The chart from 1.3.2020 update showed that copper ended the cycle up from…
Crude Oil Prices Jump as Middle East Tension Escalated
Crude Oil prices jumped by more than $2 after US drone strike killed top Iranian general. Fears mount that Iran may target the oil industry infrastructure across the region in…
SUGAR ( $SB_F ) Forecasting The Path & Buying The Dips
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGAR ( $SB_F ) published in members area of the…
Elliott Wave View: Soybean Impulsive Rally Favors Upside
Soybean (ZS_F) cycle from May 13, 2019 low shows an incomplete 5 swing sequence, favoring further upside to end 7 swing double zigzag structure. On the 4 hour chart below,…
$XAUUSD Elliott Wave View: Can Be Nesting Higher
Short-term Elliott Wave view in $XAUUSD suggests that the rally from November 12, 2019 low can be nesting higher as an impulse structure looking for more upside still. However, if…