US Yields are likely going to follow the same path as Japanese Yields have taken over the past few decades. In this update i discuss why I believe this to be, and I also break down the chart using Elliott Wave and Fibonacci analysis to try and how this will play out.
Oil is likely headed higher over the coming months, but there are many challenges that lie ahead. In this update I breakdown the chart using Elliott Wave and Fibonacci as well as discuss some important global macro factors as well.
In this update I take a look at the yellow precious metal Gold. Both the technical and global macro picture are setting up for a perfect environment for gold to rally.
In this update I go over my Elliott Wave count for the Russell 2000 and look at some key Fibonacci targets to keep an eye on as well.
In this video update I make my case for one last blow-off top in the SPX500. I breakdown the chart using Elliott Wave and Fibonacci for technical as well as discuss the impact of the inverted yield curve on the equity space.
In this update I layout my Elliott Wave path for the NDX. I also point out some key Fibonacci targets to keep an eye on as well.
A simple C = A * 1.618 brings bitcoin down to the $5000 range here.
Gold may need a few more weeks to shake out, but long term I'm still seeing us getting to $1600/oz.
Looking for a brief pullback soon (10-15%) for a minor wave 4 then we continue onward and upwards to complete this mania run!
Both Elliott/Fibonacci and Macro Fundamentals have us at or near $70 oil into the new year.
Possible ending Diagonal Pattern in bitcoin. Measured Move brings it down to 1800 range.
Very important spot here for URA. We'll need a nice reversal bar tomorrow otherwise this idea needs to be shelved until further notice. Fundamentals are still bullish here, but we just need the technicals to come around.
A break below alt-count blue trend line, and preferred count is in full force. Intermediate wave c target of: $36.90
I still like what I'm seeing here with Gold. Looking for a 1:1 ratio target for Minuette Wave (i) to Minute Wave I.
Preferred count in play if we break trend line. Alt Count takes us to slightly new highs.