Crude Oil Elliott Wave Bearish Forecast Analysis For 2024
Here we follow up on our late October post about crude oil futures. Price followed our preferred bullish path, and we now have more information...
Nvidia and Semiconductors ETF: Beware of Bearish Engulfing Patterns!
Nvidia (NVDA) has significantly outperformed the S&P 500 in 2024, up about 77% year-to-date through last Friday vs. the S&P 500 which was up...
Nasdaq 100 Trades At Short-Term Top Price Target
The Nasdaq 100 has traded in a steady up-trend for several weeks, leading the broader stock market higher.
But perhaps this red-hot index has gotten...
Agriculture ETF (DBA) Makes All-Time Highs: What Are Its Holdings?
Not the first time I have given readers this list of leading indicators to watch for a potential rise in inflation:
Last week we focused...
Gold Price Breakout Bullish, But Silver Needs to Play Catch-Up
When the stock market is bullish and in cruise control, we usually see riskier assets performing well. As we often hear, "the market is...
Liquidity Problems Are Closer Than You Think
In 2019, the Federal Reserve (Fed) cut interest rates and restarted QE despite a healthy economy. Today, inflation is higher than the Fed’s target,...
Equal Weight S&P 500 Testing Key Fibonacci Extension Level!
The latest stock market rally has taken several key indices to new highs.
One such index is the Equal Weight S&P 500. While this is...
Gold Makes History With Highest Weekly Closing Price!
Precious metals may finally be nearing the rally that gold and silver bulls have been waiting for.
Today, we simply focus on Gold from a...
Is NYSE Index Making Historic Top? Time & Price Square Out
The concept of a “square out” is one of the most important in all of harmonic trading.
In this case, we believe that PRICE and...
Navigating the ETF Data Landscape: Trends, Triumphs, and Transformations
ETFs have taken on a new look and feel over the last few years as some themes fade while others appear to be just...