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: Crude Oil (CL_F) Sellers Remain In Control
Read MoreDecline from April 23, 2019 high in Oil (CL_F) remains in progress as a 5 waves impulse. Down from April 23, 2019 high, wave (1) ended at 50.6 and wave (2) bounce ended at 65.65. Oil then resumed lower in wave (3) to 19.46, and wave (4) bounce ended at 29.21. Short term chart below […]
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Corn Futures Incomplete Elliott Wave Sequence Favours More Downside
Read MoreCorn Futures have been trade lower for the last couple of months so today we would take a look at how we called the decline in Corn Futures based on the initial decline from June 2019 being in 5 waves and incomplete sequence from October 2019 peak. Let’s take a look at the daily chart […]
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Elliott Wave View: Gold Rallying as an Impulse
Read MoreShort Term Elliott Wave View suggests rally in Gold (XAUUSD) from March 16 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 16 low, wave ((1)) ended at 1519.57, and pullback in wave ((2)) ended at 1454.90. The precious metal has resumed higher in wave ((3)) towards 1645.5 and wave […]
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Soybean Elliott Wave View: Reacting Lower From Blue Box Area
Read MoreIn this blog, we take a look at the past performance of 1 hour Elliott Wave charts of Soybean In which our members took advantage of the blue box areas.
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Sugar Elliott Wave View: Selling The Wave 4 Bounce
Read MoreIn this blog, we take a look at the past performance of 1 hour Elliott Wave charts of Sugar In which our members took advantage of the blue box areas.
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Elliott Wave View: Sweet Crude Oil (CL_F) in Ending Diagonal
Read MoreElliott Wave view in Sweet Crude Oil Futures (CL_F) suggests that the decline from April 23, 2019 high (66.6) is unfolding as a 5 waves impulse Elliott Wave structure. Down from April 23, 2019 high, wave (1) ended at 50.6 and wave (2) bounce ended at 65.65. Oil has resumed lower in wave (3) towards […]