In this article, we will take a look at Southwest Airline (ticker: LUV) stock. The airlines industry and stock have been battered due to the corona virus. We do understand that the Fundamentals might not look great right now for the airlines industry. However, fundamentals can change in an hour, and anticipating the move is […]

IBEX 35 is the benchmark Stock Market Index of the Bolsa de Madrid, Spain’s principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercado Espanoles (BME). BME is the company which runs Spain’s securities markets (including the Bolsa de Madrid). It is a market […]

LUV (Southwest Airlines CO) is showing an ending diagonal structure from March 2019 peak. In this blog, we will explain the structure & forecast.

The Dow Jones Transportation Average ($TRAN) is a running average of the stock prices of twenty transportation companies with each stock’s price-weighted to adjust for stocks and other factors. As a result, it can change at any time the markets are open. The figure mentioned in news reports is usually the figure derived from the prices […]

Every trader around the World relates trading XAGUSD with XAUUSD. Most of the time, they trade in what we call direct correlation, which means they agree in both swings and overall direction. Since 2015 something very interesting has happened. Gold has rallied and provided a nice impulse rally. But on the other hand, Silver has been sideways […]

Expedia is showing a well-defined Elliott Wave pattern across the market place. The Elliott Wave Principle is a form of technical analysis which we use to analyze price action and forecast the future path. Ralph Nelson Elliott proposed that market prices unfold in specific patterns which alternate between impulsive and corrective phase. The most popular structure […]