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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ZS_F (Soybean): Forecasting The Path Higher
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of ZS_F (Soybean Futures) and how we called it higher. The 1 hour London chart update from June 2 shows that Soybean has ended the cycle from May 22 low as wave ((i)) at 852.2 high. The sub-waves of the […]
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Elliott Wave View: Oil Ended Cycle from April Low
Read MoreOil ended cycle from April 29 low and now pulling back to correct that cycle in 3, 7, 11 swing. This article and video look at the Elliott Wave path.
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Elliott Wave View: Silver Has Resumed Higher
Read MoreSilver shows incomplete sequence from 3.19.2020 low and the metal can see further upside. This article and video look at the Elliott Wave path.
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Crude Oil Staging Furious Comeback
Read MoreCrude Oil prices are staging impressive comeback after last month’s collapse to -$30. Sentiment in Oil has vastly improved in the past few weeks. Hopes of the supply cut as well as demand rebound help to support oil. China’s oil demand has come back to the pre-Covid 19 level at 13 million barrels/day. Crude storage […]
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Natural Gas (NG_F) Reacted Lower From Blue Boxes
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). The 4 hour chart update from 20 April shows that cycle from May 11, 2019 high ended at 1.519 low. The commodity then bounced higher as a double three. Up from 1.519 low, Natural Gas ended […]
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Elliott Wave View: Leading Diagonal in Oil
Read MoreOil shows 5 waves rally from 4.22.2020 low as a leading diagonal, favoring more upside. This article & video looks at the Elliott Wave path.