Chesapeake Energy Corporation (ticker: CHK) is a company operating in hydrocarbon exploration. The company produced natural gas, petroleum, and natural gas liquids. Continued pressure on Oil and gas prices have affected the company greatly. The stock price continues to languish under selling pressure. The company’s fortune ties directly with the energy price and unless energy […]

GDX shows an impulsive rally from August 1 and the miners can extend higher while dips stay above there. This article and video show the Elliott Wave path.

Oil shows a bearish sequence from April 23, 2019 high favoring further downside. This article and video talks about the short term Elliott Wave path.

Nikkei is correcting the cycle from July 25 high as a zigzag and can see sellers for more downside while rally fails in 3, 7, or 11 swing.

NZDJPY extends lower after the 50 bp rate cut by RBNZ. Elliott wave view suggests the pair shows incomplete bearish sequence favoring more downside.

Decline in DAX from July 4 high (12660.5) is impulsive. Index should see further downside in the near term. This article talks about Elliott Wave path.