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Gold Miners (GDX) Ready for Breakout
Read MoreGold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive 81% before forming a low in 2016 at $12.40. None of the ample liquidity from central bank’s money […]
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Elliott Wave View: Nikkei Still Missing Wave 5
Read MoreNikkei rally from March 8 low is in 5 waves & the Index is still missing 1 more leg higher. This article & video explains the short term Elliott Wave path.
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Elliott Wave View: Further Strength in FTSE
Read MoreFTSE cycle from February 28, 2019 low remains in progress as 5 waves. This article and video explains the short term Elliottwave path.
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Daily Market News 4.5.2019
Read MoreWelcome to the Daily Market News. Today’s market close results: All major markets green across the board. Asian Markets: SHCOMP +0.94%, NIKKEI +0.38% US Markets: NASDAQ -0.05%, DJIA +0.64%, The S&P 500 +0.21% We discussed about Tesla missing the delivery for its model 3 sedan car and show our Elliott Wave count and projected path. […]
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Elliott Wave View: DJIA Futures (YM_F) Should Extend Higher
Read MoreDow Jones Future Cycle from March 9, 2019 low remains in progress as 5 waves. This article and video explains the short term Elliott Wave path for YM_F.
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Boeing crisis set to aggravate as FBI joins investigations, but the stock remains resilient
Read MoreThe recent Boeing 737 Max 8 crash in Ethiopia has led to an unprecedented crisis for the world’s largest manufacturer of passenger jets. Only a few months back, Max 8 was the most sought after passenger transport with about 371 jets flying to various destinations and about 5000 firm bookings.