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RCL (Royal Caribbean Group) : The Symbol Reaches Definition Area
Read MoreRoyal Caribean has been one of the stronger symbols in the sector. The Symbol ended the Grand Super Cycle back on 01.29.2018 and did a powerful three waves back. The pullback ended on 03.13.2020, and the stock then reacted in five waves off those lows. This suggests at that moment that more upside should happen […]
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High Frequency Trading: Has The Market Really Changed?
Read MoreThe stock market has been around for centuries. Movement in stock market is influenced by the demand vs supply factor. The simple way to explain equity market is the aggregation of buyers and sellers of stocks. It represents a percentage of claims on businesses. These may include securities listed on a public stock exchange as well as […]
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World Indices: Can History repeat itself
Read MoreWorld Indices Overview The World Indices rally since the low at 10.2022. Many are already trading into new highs above the 2022 peak. The idea can be seen as bullish, and our expected wave III of (3) might have started. As it is known across the trading world, we at EWF are very bullish on […]
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$USDSEK and $USDMXN Holding the $USDX
Read MoreThe $USDX peaked back on 09.29.2022. Since then, the Index has been dropping. The Index is at risk of ending the cycle since the lows back in 2008. This means a huge selling could be happening now. We explained the idea in this article, published on 09.21.2022. We knew the $USDX was about to enter […]
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$IBM Will Soon See Buyers
Read More$IBM has been trading sideways since it peaked on 02.01.2017. It still has not reached the target at the $82.36 area. This article on 11.2020 shows the target area and and the most likely path at that moment. Since the World Indices bottomed in 2020, the stock has created a five-wave advance. However, the lows back in […]
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Financial and Banking Sector (XLF) Heading for a Tough Period
Read MoreThe Financial and banking sector (XLF) was all over the news last month. It is currently no longer part of the daily news cycle. We believe trouble is underway for the second part of the year. Price action across the sector points to a massive sell-off after an initial trap. Many traders believe the market […]