German Daimler AG Stock Under Serious Pressure, Whats Next?
Hello fellow traders. In today's blog, we will have a look at the Daimler AG stock. The stock is listed in the DAX 30 and in the EURO Stoxx 50.…
Elliott Wave View: Nikkei Looking for More Downside
Short Term Elliott Wave View in Nikkei suggests the decline to 19900 on August 6 ended wave (3). The Index is currently in wave (4) bounce and the internal subdivision…
Elliott Wave View: Rally in Facebook is Corrective
Short term Elliott Wave View on Facebook (FB) shows the decline to August 6, 2019 low (176.29) ended wave ((W)). The rally from here took the form of a corrective…
FCX Found Sellers In The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of FCX, published in members area of the website. As our…
GLD Longer Term Cycles and Elliott Wave Analysis
GLD Longer Term Cycles and Elliott Wave Analysis Firstly the GLD ETF fund is one of the largest as well as one of the oldest Gold tracking funds out there…
Inverted Yield Curve and What It May Mean to the Indices
Last week, traders got spooked by the yield curve inversion of the most closely watched 2 year vs 10 year bonds. Yield curve inversion between 2 year and 10 year…
Elliott Wave View: Bitcoin (BTCUSD) Looking for Larger Correction
Short term Elliott Wave View on Bitcoin (BTCUSD) shows the rally to 12336.88 on August 6, 2019 ended wave ((X)). The crypto currency declines from there and the structure is…
Elliott Wave View: Bank of America (BAC) Extends Lower
Bank of America (ticker symbol: $BAC) currently shows an incomplete sequence from August 1 high, favoring further downside. Short term Elliott Wave technical view from the chart below suggests the…
Starbucks (NASDAQ: SBUX) – Bull Market Looking to Extend
Starbucks (NASDAQ: SBUX) is currently up 50% year-to-date and remains as one of the strongest stocks leading the bull market higher and making new all time highs. the stock is…
