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Gold Elliott Wave View: $2700 Area Should Be In The Horizon
Read MoreGold has been in the very strong rally lately and many wonder why the Instrument has been trading on a very technical way. We at Elliott Wave Forecast use the Elliott Wave Theory different than the rest. We track over 100 instruments across the world, just to be able to locate the right side of […]
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Elliott Wave View: Energy Inc. (CVI) Is Supporting The Energy Sector
Read MoreEnergy Inc. (CVI) stock can be one of the most telling instruments across the Market today. The instrument is showing a Bullish sequence in the Daily and 4 Hour timeframe, making the right side to the upside. We at Elliottwave-Forecast have taken the orthodox Elliott Wave Theory and made some changes to the existing Theory. […]
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Speculation on ECB Bond Purchase Put Pressure to Euro Dollars
Read MoreSpeculation on ECB Fresh Bond Buying Put Pressure to Euro Dollars ECB President Mario Draghi gave a hint last month that the central bank will need to add monetary stimulus if the economic outlook doesn’t improve. The Euro Zone economy has been in a slump for more than 1 year as global trade tensions and […]
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Chevron Elliott Wave View: Stock Can Take Oil To $100
Read MoreHello fellow traders. In today’s video blog, we will have a look at Chevron Corporation (CVX) which is an American energy corporation based in San Ramon, California. It is one of the worlds largest oil companies. We will explain why CVX is important for commodities like Oil and how it may affect the next move […]
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Elliott Wave View: Why SPY ETF Should See $375 By The End Of 2020
Read MoreThe SPY ETF is still trading within the Super Cycle degree from its 2009 lows. The ETF has now opened up another extension where it trades into new highs. Now, we should be looking into targets for the red wave V where the Super-Cycle can possibly end. Wave V possible targets in The Elliott Wave […]
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Continuous Commodity Index (GCC) Sending Warnings to CHK And Oil
Read MoreThe Wisdomtree Continuous Commodity Index (GCC) has reached our long-term investor buying area (Blue Box). The Index is ending an ABC pullback from its July 2008 peak. The minimum target to the downside was $17.35 and at this moment in time, we can count 5 waves from the April 2011 peak and consequently the price […]