
Hello traders. As our members know, we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in Silver (XAGUSD). The commodity has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this […]
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$U : Uranium Participation Corporation Ramping Up
Read MoreUranium Participation Corporation (UPC) is a holding company which invests its assets long-term in the uranium, both in form of uranium oxide and uranium hexafluoride. Founded in 2005, UPC has its headquarters in Toronto, Canada. One can trade it under the ticker $U at the Toronto Stock Exchange. Investors in shares of UPC possess, therefore, […]
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Post-Pandemic Future Demand Recovery Supports Oil
Read MoreThe news that Covid-19 vaccines will soon be available to fight the pandemic has boosted the global oil markets. Demand has plummeted since the start of the pandemic. Organization of the Petroleum Exporting Countries (OPEC) projects 2020 oil demand to be 9.8 million bpd (barrels per day) lower than 2019. In 2020, OPEC cut production […]
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Elliott Wave view: Copper (HG) Still Has Further Upside
Read MoreCopper (HG) rallies as an impulse from Nov 2 low and pullback should continue to see support. This article and video look at the Elliott Wave path.
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Will Rising Prices in Hard Red Winter Wheat Make Bread Lovers Suffer?
Read MoreHard Red Winter Wheat is one of the grain commodities, along with soft red wheat, corn, soybeans and others. Within the wheat family, first of all, there is a fundamental difference between two wheat types. Soft wheat is low in protein and is basically used in cakes in pastries. By contrast, hard wheat has a […]
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Elliott Wave View: Pullback in Oil Should Stay Supported
Read MoreOil shows a bullish sequence from April low and should continue to be supported in 3, 7, 11 swing. This article and video look at the Elliott Wave path.
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Elliott Wave View: Potential Target for Gold’s Correction
Read MoreShort Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott Wave structure. Down from November 9 peak, wave ((a)) ended at 1850. Up from there, bounce in wave ((b)) unfolded as a zigzag in lesser […]