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Elliott Wave View: GDX Extends Higher to 7 Year High
Read MoreGDX has made a 7 year high and still shows incomplete sequence to the upside. This article and video looks at the Elliott Wave path.
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Elliott Wave View: Bank of America (BAC) Resumes Lower
Read MoreBAC has ended wave (4) correction and expected to extend lower. This article and video looks at the short term Elliottwave path.
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Elliott Wave View: SPY Looking for Pullback Soon
Read MoreShort Term Elliott Wave view in S&P 500 ETF (SPY) suggests the rally from March 23, 2020 low low is unfolding as a 5 waves impulse. Up from 3.23 low (218.26), wave (1) ended at 263.7, and pullback in wave (2) ended at 242.94. Index has resumed higher in wave (3) as another 5 waves […]
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Elliott Wave View: Impulsive Rally in Nasdaq Favors Upside
Read MoreRally in Nasdaq from April 8, 2020 low appears impulsive, favoring more upside. This article and video looks at the Elliott Wave path.
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Elliott Wave View: Crude Oil (CL_F) Sellers Remain In Control
Read MoreDecline from April 23, 2019 high in Oil (CL_F) remains in progress as a 5 waves impulse. Down from April 23, 2019 high, wave (1) ended at 50.6 and wave (2) bounce ended at 65.65. Oil then resumed lower in wave (3) to 19.46, and wave (4) bounce ended at 29.21. Short term chart below […]
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Elliott Wave View: Tesla Impulsive Rally
Read MoreTesla rally from 3.19 low is unfolding as an impulse and the stock can see more upside. This video looks at the Elliott Wave path.