Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU.  As our members know INDU has recently given us pull back against the March 18058 low.  Pull back unfolded as Elliott Wave Zig Zag Pattern. We expected buyers to show at the Blue Box […]

Hello fellow traders. In this technical blog we’re going to talk about Copper. As our members know, Copper has incomplete bullish sequences in the cycle from the March 19th low. Break of 04/16 peak made cycle from the March (1.9715) low incomplete to the upside. The commodity is now bullish against the 2.1475 low. Consequently, […]

Hello fellow traders. In this technical blog we’re going to take a look at the Elliott Wave charts of COFFEE Futures ( $KC_F ) published in members area of the website. The Commodity corrected the cycle from the 142.78  peak recently, when recovery unfolded as Regular Elliott Wave Flat structure.  In further text we’re going […]

Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended […]

Over the weekend, a series of events has rocked the market. Investors continue to brace for economic fallout as coronavirus continues to spread around the world. Outside Mainland China, Italy now has the highest infection rate and death toll. It has imposed draconian measure similar to China by locking down Lombardy region and 14 other […]

Peloton ($PTON) had a very nice run before topping December 2019, and may be ready for the next leg up.  The caveat with analyzing companies that have recently gone public is there is not much history to analyze.  However, the structure that Peloton has since hitting the all time lows suggests the next bull run […]