The news that Covid-19 vaccines will soon be available to fight the pandemic has boosted the global oil markets. Demand has plummeted since the start of the pandemic. Organization of the Petroleum Exporting Countries (OPEC) projects 2020...
$FXB British Pound ETF Elliott Wave & Longer Term Cycles Firstly the British Pound Sterling tracking ETF fund FXB inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is the focus of this...
In this article we are going to review and analyze The Elliot’s Wave structure of the shares of Advanced Micro Devices Inc in the last days of November. Here’s the 1-hour AMD chart presented to our members...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL, published in members area of the website. As our members know, OIL is another instrument that...
Russian Rouble (or Ruble) is the currency of the Russian Federation and the 17th most traded currency in the world. Within current environment of rising commodity prices, the world market impact of Russia, which is a major...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of USDCAD published in members area of the website. As our members know, USDCAD is showing lower low sequences in...
Hard Red Winter Wheat is one of the grain commodities, along with soft red wheat, corn, soybeans and others. Within the wheat family, first of all, there is a fundamental difference between two wheat types. Soft wheat...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLF an ETF from the financial sector. In which, the rally from 29 October 2020 low unfolded as impulse...
$SMH Semiconductors ETF Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November...
An ending diagonal is an Elliott Waves structure that is wedge-shaped and can appear within an impulse as wave 5 or within a correction as a wave C. This type of structure internally is composed of 5...
