Elliott Wave Commodities Update
Main Drivers for Commodities are Inflation, Interest Rates and US$ Dollar – Inflation Peak, Rising Interest Rates, Peak US$ Dollar Major Headwinds – Base Metals Completing July’s Counter-Trend Rallies, Heading Lower Now – Precious Metals Bottoming with Short-Term Downside Risk – Energy forming Interim Lows, Heading Higher into Year-End Commodities Prices – 3 Main Drivers […]Continue reading «Elliott Wave Commodities Update»
FANG+ Rallying Higher from October Low
FANG+ Rallying Higher from October Low as Expanding Flat Pattern – Completion Due Year-End but then Declining together with Global Indices as Final Sequence of 2022-2023 Counter-Trend Decline – Downside Targets Considerably Lower FANG+ Rallying Higher This month’s report updates several technology stocks which themselves are components of the FANG+ index. We’ve selected 6 FROM […]Continue reading «FANG+ Rallying Higher from October Low»
EW-Commodities Update
Commodities – Base Metals Mixed – Copper & Lead Higher, Aluminium & Zinc Lower – Precious Metals Bottoming, Beginning New Multi-Year Uptrend – Natural Gas Rebound After Massive Declines – Crude/Brent Oil Continue Counter-Trend Rallies from September’s Lows Natural Gas Prices – Elliott Wave Forecasts predicted the decline! Commodities Highlight! European TTF Gas prices have […]Continue reading «EW-Commodities Update»