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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$CL_F 1 Hour Elliott Wave Analysis 7.9.2014
Read MorePreferred Elliottwave view is that CL_F (Oil) is correcting 4 hour cycle from 97.37 (3.17.2014) low and can reach as low as 101.30 (61.8 fib)before rally resumes. Shorter cycles suggest suggest recovery seen yesterday was a B wave and dip to 102.12 completed wave (( w )) of C. We are now expecting a bounce in wave […]
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$CL_F (Oil) 1 Hour Elliott Wave Analysis 7.8.2014
Read MorePreferred Elliottwave view is that CL_F (Oil) is correcting 4 hour cycle from 97.37 (3.17.2014) low and can reach 101.21 – 102.48 before rally resumes. Shorter cycles suggest suggest recovery seen today was a B wave and as price holds below 104.21 high, price is expected to trade lower toward 101.21 -102.48 area to end a […]
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$XAUUSD $GC GOLD – Technicals of a Three Wave Move
Read MoreHere is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]
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$SI_F (Silver) 1 Hour Elliott Wave Analysis 6.17.2014
Read MorePreferred view is that cycle from 22.17 high is over i.e. wave ( A ) and wave ( B ) bounce is in progress. Following a pull back in wave B (which can reach as low as 19.09 – 19.25) metal is expected to turn higher in wave C which can reach as high as […]
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$HG_F (Copper) 1 Hour Elliott Wave Analysis (5.16.2014)
Read MorePreferred view is that dip to 3.003 completed wave B of X and metal is now trading higher in wave C of X which can reach as high as 3.265 before the decline resumes. Short-term, a cycle from 3.003 low looks to have completed , we have labelled this as wave (( w )) as […]
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$CL_F 1 Hour Elliott Wave Analysis 4.7.2014
Read MoreComplex price action continues in Oil. Decline from 102.24 -98.84 was a 5 wave move and though recovery after that has been corrective in nature as far as Elliott wave structure is concerned but it has broken the pivot at 102.24 in proprietary system due to which our primary view is that dip to 98.84 […]