We will talk about a 5 wave move in this Educational Video which doesn’t happen very frequently. When one finishes reading an Elliottwave book, they would try and look for a 5 wave move everywhere. Wave 1 is nothing more than a fight between old trend & a new trend. Wave 2 is when old […]

HG_F (Copper) has been trading sideways since 11.5 (2.964) low. We have seen multiple rejections in 50 – 61.8 fib inflection zone (3.0400 – 3.057) as buyers and sellers try to overcome each other. We expect this consolidation to resolve to the downside as far as 3.116 high remains intact. Preferred Elliott Wave view suggests […]

HG_F (Copper) has been trading sideways since 11.5 (2.964) low. We have seen multiple rejections in 50 – 61.8 fib inflection zone (3.0400 – 3.057) as buyers and sellers try to overcome each other. We expect this consolidation to resolve to the downside as far as 3.116 high remains intact. Preferred Elliott Wave view suggests […]

Copper Futures (HG_F ) are bouncing after completing 7 swings down from 10.29 high but our preferred Elliott Wave count suggests down side is far from over and this is just a corrective bounce. Elliott Wave cycles remain bearish against 3.113 high and we view rallies as a selling opportunity in 3, 7 or 11 swings […]

In today’s video we present Elliott Wave Analysis of the yellow metal which has reached 100% extension down from 1255 peak. Trend is down but it’s in an area where initiating new short positions is a dangerous proposition. Analysis based on market correlation allows for another push lower toward 1189 – 1184 area to end the […]

In today’s video we present Elliott Wave Analysis of the yellow metal which has reached 100% extension down from 1255 peak. Trend is down but it’s in an area where initiating new short positions is a dangerous proposition. Analysis based on market correlation allows for another push lower toward 1189 – 1184 area to end the […]