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US Dollar outlook post FOMC
Read MoreThe Federal Reserve once again pushed back plans to raise interest rates at the September meeting, a widely expected after a series of mixed economic reports and various signals Fed officials measure. After its policy meeting two-day Federal Open market Committee voted to keep the federal funds rate from 0.25% to 0.50%, citing progress in […]
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$FTSE Elliott Wave Strategy of the Day 9.8.2016
Read MoreOn 8th of September 2016, Our Strategy of the Day Video presented to clients viewed the pullback in $FTSE as a buying opportunity in the index. Long $FTSE 9.8.2016 $FTSE has rallied in 7 swing and reached 100% Fibonacci extension of first 3 swings up from February 2016 lows already, however some other Indices are still incomplete […]
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The Case for Silver, Alexco, Hecla
Read MoreSilver rose to a new high of 2016 in the second quarter as a result of strong investor and speculative demand amid an environment macro support for precious metals. Overall this year silver has been a star performer. White metal ingots outshone well, marking an increase of 37 % compared to 22% increase in Gold. […]
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$INDU-DOW Double three Elliott Wave Structure
Read MoreGlobal Indices have seen an impressive start of Q3 as the major US indices are not tired of hitting new highs occasionally. With applause July dissemination among equity investors, capital bulls are flexing their muscles in August as well. At the beginning of last week, the indices hits fresh highs as US retail sales and […]
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$OIL Expanded flat correction
Read MoreExpanded Elliottwave Flat is a 3 wave corrective pattern which could often be seen in the market. Inner subdivisions are 3, 3, 5 and labelled as A, B, C. Waves A and B have forms of corrective structures like zigzag, flat, double three or triple three. Whereas , wave C is always a 5 waves structure, […]
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AUDCAD Elliottwave Strategy of the Day 8.2.2016
Read MoreOn 2nd August 2016, Our Strategy of the Day video presented to clients viewed the pull back in AUDCAD as a buying opportunity. Long AUDCAD 8/02/2016 AUDCAD is showing incomplete bullish sequence from May 2016 lows & another incomplete sequence from July 21 lows which means the sequence is bullish against 0.9823 (7/27) low and […]