Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of COPPER ( $HG_F ) published in members area of the website. As our members know, COPPER has given us...
Elliott Wave view in Bank of America (BAC) suggests the decline from January 15, 2020 high is unfolding as a 5 waves impulse. Down from January 15 high, wave (1) ended at 32.47 and bounce in wave (2)...
Continuing along the theme of Corona Virus stocks, this week Novavax Inc. is next up in line. Novavax has gone parabolic with the COVID-19 spreading worldwide as with the other names I have covered. It also remains...
Last year, the streaming TV ROKU (NASDAQ:ROKU) ended the entire rally since IPO as an impulsive 5 waves advance which is a bullish structure followed by a Double Three corrective structure. Based on the Elliott Wave Theory, after an...
$CPER Copper Index Tracker Elliott Wave & Long Term Cycles Firstly the CPER Copper Index Tracking instrument has an inception date of 11/15/2011. There is data in the HG_F copper futures before this going back many years. That...
$USO United States Oil Fund Elliott Wave & Longer Term Cycles Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Apple stock, published in members area of the website. As our members know, Apple has been showing...
EURJPY Technical Analysis On April 14/2020 I posted on social media (Stocktwits/Twitter) @AidanFX the SELL trade setup “Sell EURJPY @ 117.67 Stop Loss @ 117.93 Target @ 117.15” EURJPY 1 Hour Chart April 14.2020 : The chart below was...
EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover,...
The Dow Jones Transportation Average ($TRAN) is a running average of the stock prices of twenty transportation companies with each stock’s price-weighted to adjust for stocks and other factors. As a result, it can change at any time...