Will Trade War Weigh on the Market?
Trade war with China Hurt Global Economy Last week global stock market slumped due to the prospect of all-out trade war which could destabilize global economy. US market closed sharply…
Elliott Wave Analysis: SPX Should See More Weakness
SPX rally to 2801.9 on 3.13.2018 ended Primary wave ((X)). Since then, the decline from there is unfolding as a double three Elliott Wave structure where Minor wave W ended…
Elliott Wave Analysis: USDJPY Resumes Lower to 104
USDJPY Elliott Wave view suggests that the decline from 11.6.2017 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 11.6.2017 high (114.73), Intermediate wave (1) ended…
Elliott Wave Analysis: Oil (CL_F) Looking to Extend Higher in Wave 3
Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave…
Breakthrough in Brexit Negotiation Boosts Poundsterling
Brexit Transition Period Agreement Breakthrough Yesterday the UK has struck a deal with the EU to the Brexit transition period. The transition period is the 21 month period which starts…
Dow Jones (YM_F) Elliott Wave Analysis: Further Weaknesses Expected to 24215
Dow Jones (YM_F) Short Term Elliott Wave view suggests that the rally to 25535 on 12 March 2018 ended Intermediate wave (X). Intermediate wave (Y) is currently in progress to the…
$USDCHF Elliott Wave Analysis: More Upside While Above 0.942
$USDCHFÂ Elliott Wave view suggests that the rally from 3.5.2018 low (0.9336) is unfolding as a double three Elliott Wave structure where Minor wave W ended at 0.9535. Below from here,…
$CADJPY Elliott Wave Analysis: Further Downside to End Wave 5
$CADJPY Elliott Wave view suggests that the decline from 1.5.2018 high (91.58) is unfolding as a 5 waves impulse Elliott Wave structure. Minor wave 3 of this impulsive move ended at…
USDCAD Elliott Wave Analysis: Potential Upside to 1.324
USDCAD Short Term Elliott Wave view suggests the rally from 1/31 low (1.2247) remains in progress as a triple three Elliott Wave Structure. A triple three is labelled as WXYZ…