Is Bitcoin Headed to Zero?

by ForexCycle.com | May 12, 2022 1:29 am
By Elliott Wave International Charlie Munger is Berkshire Hathaway’s co-chairman, and on April 30 at the firm’s shareholder meeting, he said: [Bitcoin] is stupid because it’s very likely to go to zero. Berkshire Hathaway chairman Warren Buffet...

$SLV Further Weakness Expected In The Larger Cycles

by elliottwave-forecast.com | May 10, 2022 2:07 pm
$SLV Further Weakness Expected In The Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45...

LTCUSD: Blue Box Shorts Reached The Target

by elliottwave-forecast.com | May 10, 2022 1:56 pm
LTCUSD has seen tremendous selling over the last few weeks. It recently hit 100% Fibonacci extension down from February 10, 2022 peak down to February 24, 2022 low projected lower from March 30, 2022 peak. In this...

NZDJPY: Bullish Sequence and Trading Strategy

by elliottwave-forecast.com | May 10, 2022 1:47 pm
In this blog, we will look at the strong rally in NZDJPY which took place this year, talk about the sequence, what it means for the pair and also what our trading strategy is going forward. We...

How to Recognize a Less-Than-Obvious Opportunity (In focus: Corn)

by ForexCycle.com | May 10, 2022 1:15 am
By Elliott Wave International When I was growing up, my father owned and operated a furniture manufacturing company. Its products stocked the shelves of several well-known retail stores across the country, including Walmart. On the cover of...

MAA : Expect Pullback Before Rally Resumes

by elliottwave-forecast.com | May 9, 2022 2:04 pm
Mid-America Apartment Communities, Inc., (MAA) is a real estate investment trust (REIT), focused on delivering full-cycle & superior investment performance for shareholders through the ownership, management, acquisition, development & redevelopment of quality apartment communities in the southeast,...

CVX (Chevron) in Bullish Market Despite the General Market Selloff

by elliottwave-forecast.com | May 9, 2022 1:51 pm
Chevron Corporation (CVX) is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries. Chevron is involved in the entire spectrum of supply...

Interest Rates: The Warning That Few Wanted to Heed

by ForexCycle.com | May 8, 2022 4:26 am
By Elliott Wave International Back in mid-2020, a common sentiment toward interest rates was that they would stay historically low for the foreseeable future. Indeed, in July of that year, no less than the Bank of Canada...

UK Oil (Brent) – One more push prior to advance

by elliottwave-forecast.com | May 6, 2022 1:08 pm
UK Brent Oil has been on a bullish trend since the lows of April 2020 – the start of the Covid19 pandemic. Despite the fears of UK Oil dropping in value we witnessed price climbed from 20.00...

USDSGD Elliott Wave : Buying The Dips At the Blue Box Area

by elliottwave-forecast.com | May 6, 2022 12:49 pm
USDSGD is another instrument that has given us trading opportunity lately . Break of  November 2021 peak made bullish sequence in the cycle from the January 2021  low.  The price structure is suggesting further rally within that...