Many times, we hear in the argot of technical analysis the term “Equal Legs”, which sounds very strange and does not make sense to the world of finance. However, this term is especially important when making a forecast of the future movements of the different market instruments, because when the market reaches the equal legs, […]

The Santa Claus rally is a capital market phenomenon that happens from December 28 to January 2 of the following year. It named in 1972 by Yale Hirsc who noticed an unusual upward movement in the market in that period of time. This event is so recurrent for years that it earned its own name […]

In this article we are going to review and analyze The Elliot’s Wave structure of the shares of Advanced Micro Devices Inc in the last days of November. Here’s the 1-hour AMD chart presented to our members on November 24th. After finishing a cycle as wave (2) at 77.56, we could see 5 waves up […]

An ending diagonal is an Elliott Waves structure that is wedge-shaped and can appear within an impulse as wave 5 or within a correction as a wave C. This type of structure internally is composed of 5 waves and each of these 5 waves is subdivided into 3 or 5 waves creating two possible structures […]

The Swiss franc is a currency that is always in the hurricane of the Forex because on several occasions the Swiss National Bank has intervened to prevent a continued appreciation of the currency against the dollar. The last time we saw a clear consequence for USDCHF intervention was in early 2015 when the pair lost […]

Bank of America ended a movement in ranges that had been in place since June, after a slight recovery from the drawdown in March due to COVID-19. The global capital markets woke up stimulated with a strong risk appetite on November 9th, this made that stocks such as Bank of America could come out of […]