Elliott Wave analysis of Natural Gas NYMEX

Natural Gas has become the subject of some discussion in recent days as some players are getting ready for a potential ‘third wave within a third wave’ kind of a move. Naturally, getting on board such a move will be very profitable, because ELLIOTT WAVE Principle...

Elliott Wave analysis of Copper

“The finest workers in stone are not copper or steel tools, but the gentle touches of air and water working at their leisure with a liberal allowance of time.” – Henry David Thoreau I can amend the above quote a little and say “The finest workers in Elliott Wave...

Elliott Wave Analysis of Gold after sharp downmove

The sharp move down has all the characteristics of a move that starts after completing an extended fifth wave. Our target should be wave ii of the extended fifth, which lies at 1478. Having come down to 1626, the 23.6% retracement level of the whole five wave rally,...

EURUSD chart revisited

When we are trying to adjust our wave counts in a dynamic environment, it is important to be aware of the potential of an alternate count. This is why I had posted a second time on 12 Sep, hinting that we could get a rally to 1.3840 if the decline we saw to 1.3500 was...