CRUDE-4-8-19-DAILY
Crude has entered into Supply Zone This morning I want you to zoom-out to a daily chart to see a bigger picture in Crude Oil. My count suggests that the Feb 2016 bottom was a bottom of wave ( 3 ) down and an ( A ) – ( B Read more…
GDX-4-4-19
GDX – gold miners have a really bullish long term LONG setup! GDX has a high probability long term bullish setup.As long as the critical support at 21.40 holds GDX is going to play here another five wave up rally targeting 25.40-26.30 GDX – 120 min chart updated on 4/4/2019 Read more…
ES-3-24-19
ES – setting up for a new rally At this point ES has a very clean count. Let’s first look at the Five Fave fractal proposed by the Harmonic Elliott Wave theory. I count the December 2018 low as the bottom of the corrective wave 4 down. Off that low Read more…
CRUDE-3-21-19
Crude has approached a strong resistance zone over $60 Crude will remain in sideways market in wave ( B ) up of ( 5 ) down setting a stage before the final drop to a new lows under the Feb 2016 low. Crude oil – a weekly chart updated on Read more…
Crude-3-4-19
Crude – ready to drop Let me start with explaining why I am long-term bearish on Crude oil. Please have a look at a weekly chart I posted below. I count the 39.16 low made in Feb 2016 as the bottom of wave ( 3 ) down. A top at Read more…
CRUDE-1-25-19
Crude – the bearish case is barely alive On December 24th I posted a count where crude was supposed to start a bullish pullback. The bearish count assumed the pullback would stay under a critical resistance of $53.60. Crude – 45 min chart updated on 24 December 2018 This week Read more…