Chevron Corp ($CVX) Continues to move higher
The last time I covered Chevron was back in November 2021. And I was expecting a larger cycle to complete before pulling back against March 2020 low. Lets take a look at the view I was presenting...
Month: March 2022
How the “Great Resignation” Ties in with a Financial Peak
By Elliott Wave International Some people probably remember that country song by Johnny Paycheck from the late ’70s — “Take This Job and Shove It.” Many of those in the younger generations may not have heard of...
South Korean Stock Index (KOSPI) Is Near To Find Support
The Korea Composite Stock Price Index (KOSPI) is the index of all common stocks traded on the Korea Exchange. It is the representative stock market index of South Korea, like the S&P 500 in the United States. KOSPI Daily Chart March 2022 Since March 2020 low,...
ADNT : Should Pullback Before Resume Rally
Adient Plc (ADNT) designs, develops, manufactures & markets a wide range of seating systems & components for passenger cars, commercial vehicles & light trucks & serves globally. The company is based in Dublin, Ireland. It comes under...
GBPUSD Trading Signal
Hi dear traders, Last week was a complete disaster, both positions opened were closed with losses. This is it sometimes. Added to that, I could not find any nice opportunity to compensate. Anyway, this is a new...
Litecoin (LTCUSD) Forecasting The Decline using Elliott Wave
In this article, we will look at the decline in LTCUSD from $132 to $90 which took almost a week to unfold. We will look at some Elliott wave charts presented to members and show how our...
GOLD ($XAUUSD) Buying The Dips After Elliott Wave Zig Zag
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we’ve been favoring the long...
Hot commodities! Is the 2-year rally nearly done or just starting?
You may already know that the CRB Commodities Index is up 200% since the April 2020 low. Even if you haven’t been following the broad Index, you’ve no doubt felt the effects of rising commodity prices in your wallet....
GBPUSD Forecasting The Path & Selling The Rallies At The Blue Box
In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD. As our members know, the pair shows bearish sequences in the cycle from the June 1st 2021 peak. Incomplete structure...
How Momentum Indicator (RSI) is Used with Elliott Wave
There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed in 1978 by J. Welles Wilder. The RSI is in the form of an oscillator from 0...