In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction structure to the equal legs 7.1964 in June 2020. After that, the USDCNH continue with the downtrend. Renminbi […]

The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that is building motive wave from the lows of March 2020. We can clearly see that it has already completed 3 waves to the upside and we are correcting on wave 4 now. SMI September 16th Daily Chart Wave ((1)) ends at […]

SOXX is semiconductor ETF to provide concentrated exposure to the 30 largest US-listed semiconductor companies. This includes (i) manufacturers of materials with semiconductors that are used in electronic applications or in LED and OLED technology and (ii) providers of services or equipment associated with semiconductors. SOXX Daily Chart The market cycle began on December 2018 […]

Snap Inc. is an American camera and social media company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California. The company developed and maintained technological products and services, namely Snapchat, Spectacles, and Bitmoji. SNAP Daily Chart The market cycle began on December 2018 when SNAP found […]

Since the crash of March 2020, all stocks have tried to recover what they lost and PG was no exception. PG did not only recover the lost, but it also reached historic highs. We tried to build an impulse from wave II with a first target to $154.00, but market movements of last months have […]

Since the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going to try to build an impulse from the March 2020 lows with a target around $230. Target measured […]