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 […]
-
Oil: Impulsive Elliott Wave Structure In Play
Read MoreElliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, Primary wave ((1)) ended at $65.74, Primary wave ((2)) ended at $67.95, and Primary wave ((3)) remains in play. Internal of Primary wave ((3)) also unfolded […]
-
OIL Elliott Wave Analysis: Calling For More Weakness
Read MoreOIL Elliott wave analysis suggests that a decline from October 3, 2018 peak ($76.9) is unfolding as impulse Elliott wave structure. Down from $76.9 peak, the primary wave ((1)) ended at $68.47 low. A primary wave ((2)) bounce ended at $69.65 high. Then a decline to $54.75 low ended primary wave ((3)). Primary wave ((4)) […]
-
Elliott Wave Analysis: Palladium Extended Higher
Read MoreHere, we will look at past short-term Elliott Wave charts of Palladium’s (PA) price action presented to our members. Below, you can see the 1-hour updated chart posted on the 12/07/18 with our Elliot count perspective at the time. We expected prices to extend higher due to the 11/16 high broken on 11/29, hence our […]
-
Palladium Elliott Wave Analysis: Forecasting And Buying The Rally
Read MoreIn this blog, I want to share some short-term Elliott Wave charts of Palladium which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 11/30/18 indicating that Amazon ended the cycle from 11/23 low (1094.70) in black wave ((a)) at 11/30 peak (1198.1). As Palladium […]
-
Soybean Reacted Higher From The Blue Box Area
Read MoreIn this technical blog, we are going to take a look at the past 1-hour performance of Soybean ticker symbol: ZS_F Elliott Wave charts that we presented to our clients. We are going to explain the structure and the forecast below. Soybean Elliott Wave 1 Hour Chart From November 21.2018 Above is the 1-hour Chart from 11/21/2018 […]
-
ZW #F Wheat Futures Reacted Lower from Blue Box
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Wheat Futures, published in members area of The Website. As we can see at the charts below, ZW #F is doing short term recovery against the 521’0 peak, labelled as wave X red . Proposed short […]