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Traders Identity, The Key to Succeed in Trading
Trading is a profession that many enter with big dreams, we all have been guilty one way or the other of the illusion of making a living out of trading.…
USDMXN Is Holding Down the USDX from Rallying
In today's blog, we will have a look between the relationship of the Dollar Index and the Mexican Peso. The USDMXN has been trading in the same direction as the…
General Motors: The Price Action is Key for World Indices
Most of the World Indices have ended the cycle from the post-2009 Financial crisis low. But still, there are few Indices which are due for another cycle higher. SPX and…
Daily Market News 4.2.2019
Welcome to the Daily Market News video. Today's market close results: the DJIA down -0.30%, the S&P500 unchanged, the Nasdaq up 0.25%, and the Russell 2000 down -0.18%. Bitcoin drew…
AMD: Elliott Wave Structure Calling Another Multi-Year Cycle
Advanced Micro Devices (AMD) which is a multinational semiconductor company. Is following the overall structure of other World Indices. The stock is trading within a corrective sequence within the Grand…
Boeing (BA): Forming the Biggest Peak Since 2003 lows
The Stock is trading within a very technical area and it is showing a very clear 5 waves advance Elliott wave structure from its 2013 lows. When a 5 waves…
$SPY : The Index Heading for All-Time High.
The ETF is rallying from the blue box after forming the low on 12.26.2018, Blue box is an area where buyers and sellers agree in the next direction. We have…
$SPX: Who is Right? The Fed or President Trump
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There…
SPY : More Volatility to Come Due to the Market’s Nature
Our observations of the ETF, SPY, on the monthly chart have us expecting a spike in Volatility. The inherent bullish nature of the Market calls for advances (motive waves) as…
