The SPX rose some 1.10% on Tuesday and could continue its ascend in light of completing minute wave three. WIth volumes declining a correction could be near. Will it be back below the base channel or somewhat biased up above it?
The dollaryen pair seems unstoppable after delivering yet another 1.20% gain yesterday. Above the round support of 120 and 121, where does it stop, even for a breather? Its structure does look impulsive but also nears its end in wave 5.
SILVER dipped 1.60% on Tuesday and attempts to regain the losses early in the morning. Whether on a leading diagonal or an impulse, the medium-term price action of the commodity does not look bullish at all. Will it really end up being an ending diagonal?
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Daily Elliott Waves Forecast: SP500, USDJPY, SILVER (23.02.22)
The SPX rose some 1.10% on Tuesday and could continue its ascend in light of completing minute wave three. WIth volumes declining a correction could be near. Will it be back below the base channel or somewhat biased up above it?
The dollaryen pair seems unstoppable after delivering yet another 1.20% gain yesterday. Above the round support of 120 and 121, where does it stop, even for a breather? Its structure does look impulsive but also nears its end in wave 5.
SILVER dipped 1.60% on Tuesday and attempts to regain the losses early in the morning. Whether on a leading diagonal or an impulse, the medium-term price action of the commodity does not look bullish at all. Will it really end up being an ending diagonal?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
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