Southern Copper Corporation (SCCO) engages in mining, exploration, smelting & refining of Copper & other minerals in Peru, Mexico, Argentina, Ecuador & Chile. The company is based in Phoenix, Arizona, US, comes under Basic Materials Sector & trades as “SCCO” ticker at NYSE. As discussed in previous article, SCCO favors pullback in ((2)), which ended […]

Nikkei ($NKD_F) pullback from the peak should find extreme in wave 4 soon. This article and video look at the Elliott Wave path of the index.

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dollar Index.  As our members know, DXY has recently given us correction against the 104.72 peak. Recovery formed Elliott Wave Wave Zig Zag Pattern. In the further text we are going to explain the Elliott […]

In this blog, we take a look at the past performance of XLY charts. The ETF provided a buying opportunity in the blue box area.