As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for...
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....
Elliott Wave View of S&P 500 E-mini Futures (ES) suggests the Index ended the cycle from June 15 low as wave ((3)) at 3587 high. From there, Index has extended lower to correct that cycle. The correction...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published in members area of the website. As our members know, FTSE is giving us pull back, correcting...
TecDAX is a stock index which tracks the performance of 30 largest German companies from the technology sector. Even though these enterprises are of a high economic importance, their market capitalization and the book order turnover are...
On September 10/2020 AUDJPY registered a temporary top and started to trend lower. When a market is trending it will make higher highs and higher lows in a bullish trend and lower lows lower highs in a...
Towards the end of August 2020 the GBPNZD pair reversed and has been trending lower since. At EWF we always encourage traders to trade with the trend and not against it. Looking at the 1 Hour chart,...
Cloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low. NetEase Inc is in the cloud computing business, focused on community, communications, commerce and video games. Lets take a...
Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August 26 high, wave ((W)) ended at 40.22 low....
In this blog, we are going to take a look at the Elliott Wave chart of Palladium (PA_F). The 1 hour NY Midday chart update from September 3 shows that wheat has ended the cycle from August...
