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Nasdaq (NQ_F) Short Term Cycle is Mature and May See Pullback
Read MoreShort Term Elliott Wave in Nasdaq Futures (NQ_F) shows cycle from October 27, 2023 low is unfolding as a 5 waves impulse. This cycle is mature even though it still can extend higher in the shorter cycle. Up from October 27 low, wave (1) ended at 15453.75 and pullback in wave (2) ended at 15207.75. […]
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Travelers (TRV) Looks Like Will Make A Double Correction Lower
Read MoreThe Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Weekly TRV Chart July 2023 TRV ended a great super cycle in the year of 2019 reaching a peak at $154.86 which we call […]
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Renminbi (USDCNH) Pullback Is Coming Before More Upside
Read MoreIn the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After these 3 swings, USDCNH should […]
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NIO’s Rally Failed, Elliott Wave Path Shows More Downside
Read MoreNio Inc. (NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The company has raised over $5 billions from investors. In 2021, it plans to expand to 25 different countries and regions by 2025. NIO Daily […]
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JPMorgan (JPM) Shares Could Have Started A Collapse
Read MoreJPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in the United States, the world’s largest bank by market capitalization, and the fifth-largest bank in the world in […]
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Cisco (CSCO) Should Make One More High Before a Big Correction
Read MoreCisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. At the end of 2021, Cisco finished an impulsive structure at 64.33 which we called wave (I). Then, CSCO dropped nearly a year to complete a zig zag corrective […]