As a larger context, the rally in Russell 2000 (RTY) from 3.19.2020 low took the form of an impulsive structure. Up from there, wave (1) ended at 1180.3 and wave (2) pullback ended at 1029.7. Index then...
By Elliott Wave International The Wave Principle’s basic pattern includes five waves in the direction of the larger trend, followed by three corrective waves. In a bull market, the pattern is five up, followed by three down....
In this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). The 4 hour chart update from 20 April shows that cycle from May 11, 2019 high ended at...
Retail investors may return to Bitcoin again after the digital currency completed the one-in-four year adjustment called halving. Halving provides less rewards to miners who run high-powered computers to solve complex mathematical puzzles in order to generate...
Paypal (NASDAQ: PYPL) is an American online payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Last week, PYPL broke above February 2020 peak to hit an all-time high few days...
Short Term Elliott Wave view in DAX suggests the rally from 3.16.2020 low ended at 11242.77 as an impulse structure. Up from 3.16.2020 low, wave (1) ended at 9145.93 and pullback in wave (2) ended at 8257.53....
By Elliott Wave International The world has been hearing a lot about “homes” in recent months, as in — “stay there” to help halt the spread of COVID-19. At the same time, the sales of those homes...
Hello fellow traders. In this technical blog we’re going to talk about Copper. As our members know, Copper has incomplete bullish sequences in the cycle from the March 19th low. Break of 04/16 peak made cycle from...
The Metals sector has been slowly coming back since the lows in late 2015 and is ready for prime time attention. B2Gold Corp is a name that has an exceptional looking chart that is worth examining with...
By Elliott Wave International In case you just landed on Earth via Martian spaceship, 2020 has seen the biggest crash in oil prices ever. This chart captures crude’s three-month, 80%-plus nosedive to 3-decade lows. (Price data as...
