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: Short Term Weakness in Silver
Read MoreSilver shows a sequence of lower low from Feb 21 peak, suggesting further weakness likely. This article & video describes the Elliott Wave path.
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Sugar Elliott Wave Analysis: Calling The Reaction from Inflection Area
Read MoreI want to share with you Elliott Wave charts of Sugar which we presented to our members recently. You see the 1-hour updated chart presented to our clients on the 03/18/19. The higher degree trend of the pair is to the downside. So our members know that the right side is to the downside in the daily […]
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Elliott Wave View: Crude Oil Breakout In Progress
Read MoreOil has broken above March 1 high to suggest that the next bullish leg is underway. This article & video explains the Elliott Wave path of Oil.
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OPEC Supply Cuts Continue To Support Oil Prices
Read MoreOil prices rose 1 percent on Monday after Saudi Arabia reiterated that OPEC will continue to maintain the production curb. Riyadh plans to keep output well below 10 million barrels per day and reduces export to below 7 million barrels a day. Saudi’s Minister has said it’s too early to change the policy until at […]
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Elliott Wave View: Gold Can See Profit Taking
Read MoreGold is correcting cycle from August 2018 low & another leg lower can’t be ruled out. This article & video explains the short term Elliott Wave path.
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OIL Found Buyers In Blue Box And Rallied
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL . As our members know recently we got pull back that was unfolding as Elliott Wave Double Three Pattern. We expected OIL to find buyers there and trade higher due to incomplete bullish sequences […]