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...
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 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 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...
Twitter (TWTR) has been in the news later when the board agreed to sell the company to Elon Musk for $54.20 per share, around 44 billion dollars. The deal has not been completed, and it is pending...
By Elliott Wave International Is a bear market already underway in the U.S.? Only time will tell for sure. What is known is that the Dow Industrials and S&P 500 index topped in January and the NASDAQ registered a peak back...
The last time I covered Chevron was in March 2022. And I was expecting a larger cycle to pull back in ((4)) before resuming higher. Lets take a look at the view I was presenting back then and...
You might agree that so far, not much about this year has been “normal.” Normally, commodity prices don’t leap to the moon Stocks don’t sell off this hard in April And European countries don’t engage in brutal...
$FXB British Pound ETF; Can it Bounce or Not? 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 favored ended in this analysis....
The Expanded Flat is one of trickiest structures in the Elliott Wave Theory. The structure comes with a strong reaction after new highs are made. But the idea is that the reaction comes in five waves, which...
