RRR : Pulling Back in II Before Rally Resumes
Red Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based…
Elliott Wave View: EURJPY Correcting 5 Waves Move
EURJPY shows a bullish sequence from June 2016 low and May 2020 low. Long term, pair should be supported and continue higher. Short term, however, pair has ended the rally…
GE (General Electric) Got Rejected On Earning Reports
In this technical blog, we will take a look at the past performance of 1 Hour Elliott wave chart of General Electric aka GE presented at elliottwave-forecast.com. In which, the…
$UUP Can See Another High In The Longer Term Cycles
$UUP Can See Another High In The Longer Term Cycles Firstly the dollar tracking ETF fund UUPÂ inception date was 2/20/2007. Interestingly the dollar index has a low in March…
Elliott Wave View: S&P 500 E-Mini Futures (ES) Near Term Rally Likely Fail
Short term Elliott Wave view in S&P 500 E-mini Futures (ES) suggests cycle from March 30, 2022 has ended in wave (W) at 4195.25. The internal subdivision of wave (W)…
MIDD : Expect Pull Back Before Rally Resumes
The Middleby Corporation (MIDD) designs, manufactures, markets, distributes & services a range of food services, food processing & residential kitchen equipment in the US, Canada, Asia, Europe, Middle East &…
Junior Gold Miners (GDXJ) Correction In Progress
In our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18…
JPMorgan (JPM) Could Lose More Than 10% Before Rally
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021,…
$NVAX: Biotechnology Stock Novavax Enters the Buying Area
Novavax, Inc. is an US American biotechnology company. Founded in 1987 and headquartered in Gaithersburg, Maryland, USA, it is a part of Russel1000 index. Investors can trade it under the…
