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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Copper Providing Another Elliott Wave Selling Opportunity Soon?
Read MoreIn this technical blog, we are going to cover past performance as well as some recent 1 hour Elliott Wave Charts of Copper, that we presented to our clients. We are going to explain the structure and the forecast below. Copper 1 Hour Elliott Wave Chart From 12/29/2018 Above is the 1 Hour Chart from […]
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Elliott Wave Analysis: Further Strength Expected in Oil
Read MoreIn this blog, I want to share with you some Elliott Wave charts of Oil which we presented to our members at Elliott Wave Forecast. You see the 1-hour updated chart presented to our clients on the 01/10/19. Oil ended the cycle from 10/03/18 peak in red wave a at 12/26/18 low (42.41). Above from there, we expect […]
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Has the Next Bull Market in Gold Started?
Read MoreGold has been used as the currency of choice throughout history, despite what the central banks of the world say. Ben Bernanke, then the Fed Chairman, famously said that Gold is not money in 2011 during congressional hearing with Senator Ron Paul. Since President Nixon removed Gold’s peg from the US Dollar in 1971, the […]
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Short Term Elliott Wave View in Oil Favoring More Upside
Read MorePreferred Elliott Wave view suggests Oil has completed the cycle from 10/3/2018 peak and is now bouncing. Rally from $42.41 low appears impulsive and in this article we take a look at Elliott wave structure of the rally from $42.41 low and what we are expecting next.
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Elliott Wave Analysis: Palladium’s Target Area Reaction
Read MoreWelcome traders, today we will look at a couple of Palladium futures (PA #F) charts. The metal reached one of our blue target areas and react perfectly to our expectations. This will show you how profitable and efficient it can be to trade with our philosophy and basic Elliott Wave analysis. First of all, we start […]
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OIL Elliott Wave Forecasting The Decline
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the charts of OIL published in members area of the website. As our members know, we were calling for decline in OIL from November 2018. As of right now the commodity is correcting the cycle from the 26.18 low. Proposed […]