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Strong GDP supports the US Dollar
Read MoreSummary A strong 3.2% U.S first quarter GDP indicates robust economy. Temporary drivers of the growth however may not be sustainable for the remainder of the year. Strong U.S. economic data can continue to boost global stock market and U.S. Dollar in the short term. The U.S Commerce Department reported a strong first quarter GDP […]
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Elliott Wave View: Rally in Boeing (BA) Should Fail
Read MoreElliott Wave view in Boeing suggests that the rally to $446.49 ended wave (III) in super cycle degree. The stock is now doing the biggest pullback since 2003 low within wave (4). The decline from $446.49 to $359.01 ended wave ((A)) as an impulse Elliott Wave structure. Wave (1) ended at $416.44, wave (2) ended at […]
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Elliott Wave View: AUDUSD Impulsive Decline
Read MoreAUDUSD shows an impulsive move from April 17 high favoring more downside. This video looks at the short term Elliott Wave path for the pair.
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Elliott Wave View: Further Rally in Amazon (AMZN)
Read MoreAmazon (AMZN) rally from April 15 low looks impulsive and can extend higher. This video looks at the short term Elliott Wave path for the stock.
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Elliott Wave View: Further Strength in Oil
Read MoreOil shows an impulsive structure from April 16 low with extended third swing. This video talks about the short term Elliott Wave path for the instrument.
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Elliott Wave View: EURUSD Remains Bearish in Shorter Cycle
Read MoreEURUSD sequence remains bearish since topping on February 2018. This article and video describes the short term Elliott Wave path for the pair.