by Ramki | Dec 13, 2010 | Gold
There have been several requests for my outlook on Gold. The attached chart gives you the Elliott Wave Analyst’s view of where the precious metal is likely to go in the coming weeks. As you can see, Gold has experienced a bout of profit-taking at the 300% fibonacci...
by Ramki | Dec 12, 2010 | Money Markets
The 5-year USD or US Dollar swap curve has been rallying quite nicely, and many treasurers are keen to get a handle on where dollar rates might go. The charts I have produced here gives you an Elliott Wave Analsyst’s perspective of the price action. Most market...
by Ramki | Dec 10, 2010 | Copper
On 2nd December I pointed out that we are in the 5th of the Fifth wave in Copper and that we are likley to see the peak between 417 and 448. There is no change in that outlook for Copper. (On 8th December I posted a short-term chart from a different provider showing a...
by Ramki | Dec 8, 2010 | Copper
On 2nd December I had presented elliott wave analysis suggesting that Copper futures would meet some resistance around 417, and hence buying some out-of-the-money puts near there might be an interesting trade idea. Surprise, today Reuters is reporting on copper that...
by Ramki | Dec 6, 2010 | Palm Oil
Palm Oil was trading at 3,265 on 29th November when I suggested that we will move to 3,565 as a fifth wave. That target for the benchmark February futures contract for Palm oil on the Malaysian Derivatives Exchange has been reached and today we saw prices reach a high...