Soybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable oil, basically, for frying and baking. Also,...
The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that is building motive wave from the lows of March 2020. We can clearly see that it has already completed 3 waves to the...
SOXX is semiconductor ETF to provide concentrated exposure to the 30 largest US-listed semiconductor companies. This includes (i) manufacturers of materials with semiconductors that are used in electronic applications or in LED and OLED technology and (ii)...
The last time I looked at this chart was spring of 2021, in April. At the time, I was looking for continued downside to take place before resuming higher. You can view this article here. What happened...
Another instrument that we have been trading lately is Wheat Futures ( $ZW_F) . In this technical blog we’re going to take a quick look at the Elliott Wave charts of Wheat ( $ZW_F) , published in...
$CAC40 Index Longer Term Swings & Bullish Cycles Firstly the CAC 40 index has been trending higher with other world indices where in September 2000 it put in an all time high. From there it followed the...
Silver Miners (SIL) reached the support area from August 6 peak in 7 swing and reacted higher. However, in the last few trading sessions, the ETF has taken a turn lower. What’s the outlook for the ETF...
Back in December 2020, we presented within the main article both the monthly and the daily view in the USDRUB. Long-term, the pair should provide a resolution thrust higher out of a multi-year triangle pattern. This means a weakness of...
Dollar Index $DXY is another instrument that has given us trading opportunities lately . Dollar Index is showing incomplete sequences in the cycle from the June low. Recently it made clear 3 waves pull back and found...
The $BEL20 INDEX Bullish Cycles and Longer Term Swings 1st the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle into the May...