Another instrument that we have been trading lately is Exxon Mobil Corporation ( $XOM ) from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of $XOM, published...
Oil has found its bottom in April 2020. From the lows, it is extending higher and should become even more expensive in the coming years. Similarly, indices have found an important bottom in March 2020. From the...
Two weeks’ back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna’s COVID-19 vaccine has even a better 94.5% efficacy rate and longer shelf life compared to the Pfizer’s....
$EWC Canada ETF Long Term Cycles & Elliott Wave Firstly the EWC instrument inception date was 3/12/1996. The Canada ETF seeks to track the investment results of an index composed of large and mid-sized companies in Canada. This...
Bank of America ended a movement in ranges that had been in place since June, after a slight recovery from the drawdown in March due to COVID-19. The global capital markets woke up stimulated with a strong...
The Metals sector has been slowly coming back since the lows in late 2015 and is ready for prime time attention after Gold has recently made new all time highs. Abraplata a Jr. silver, gold, and copper...
In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave Charts of Dow Futures ticker symbol: $YM_F, which we presented to members. In which, the rally from 23 March 2020 lows,...
Earlier this week, news came out that a vaccine from Pfizer and BionTech has a 90% effectiveness. It triggered a big rally in the market on Monday. The U.S. and Europe are now still struggling with a...
Early in 2020, the whole transportation industry saw an amazing decline across the marketplace. Many of the company’s stock trade lower into level only seen during the 2009 financial crisis. During the decline, we express to the...
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,...
