Commodity Market Elliott Wave Analysis for Bitcoin (BTC) ETH/USD, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas
Commodity Market Elliott Wave Update: Bitcoin Wave v) of 1 of (5). Ether Wave v) of 1 of (5) I have aligned Bitcoin in line with the Nasdaq as a possible wave count option.
US Dollar DXY, for a bear count a move below 104 is required, the Bonds and yields suggest this to be the case, but I will wait for the evidence. Gold and silver are in or completed their wave fours, holding long is the position. Base metals are a mixed bag, and each one needs to be taken on their own merit, once the DXY has a confirmed trend this could help drive a commodity trend rebalancing price.
Video Chapters
00:00 Bitcoin (BTC) Ether ETH/USD
11:09 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
17:56 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
23:46 Base Metals:Lithium, PLL, Uranium URA ETF / Copper / Nickel
28:14 Energy:Crude Oil WTI OIL / Natural Gas NG
30:51 End
Analyst Peter Mathers TradingLounge
See previous Video: Commodity Markets Analysis
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