Browsing Category

Articles

AAPL Final Leg of Correction ④ Underway

The current structure of AAPL shows the formation of a primary impulse consisting of sub-waves ①-②-③-④-⑤. At the time of writing, the market is in a corrective wave ④, which is an (A)-(B)-(C) zigzag of the intermediate degree. This…

Are WTI Prices Normal?

For most of the latter half of last year, crude prices remained largely stable, with WTI hovering just a little over $40/bbl. This could have gotten some traders used to a relatively flat price range for crude. But if one thing is true…

Metals Sink As USD Soars

Gold The gold market saw its biggest price move in around a month this week as sellers drove price down from highs of around 1875 at the start of the week to sub-1790 as of writing. The catalyst behind the move was the uptick in US…