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…
Elliott Wave View: Copper Rallying as an Impulse
Short-term Elliott Wave view in Copper (HG_F) suggests that the metal is rallying as a 5 waves Elliott wave impulsive structure from November 15, 2019 low. Up from there, wave ((i)) ended…
Elliott Wave View: Impulsive Rally in 10 Year Notes (ZN_F)
Short Term Elliott Wave view on Ten Year Notes (ZN_F) suggests that the decline to 128 ended wave w. Wave x bounce is unfolding as a zigzag Elliott Wave structure.…
Elliott Wave View: Rally in Oil (CL_F) Remains Corrective
The rally in Oil (CL_F) from October 3 low ($50.99) looks overlapping and corrective. This suggests the current rally is likely not a new bullish cycle. The structure of the…
Silver Elliott Wave View: Incomplete Sequence Calling More Downside
Short term Elliott Wave view suggests the rally in Silver ( $XAGUSD) to $18.32 high ended wave (X) bounce. Down from there, wave (Y) remains in progress & shows an…
Gold Suffered Biggest Weekly Drop in 3 Years on Trade Prospect
Gold hit a three-month low last Friday as the metal loses its luster with increasing prospect of US-China phase 1 trade deal. Spot Gold was down 3.7% last week, its…
