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Nike ($NKE) Kicks the Market from our Blue Box
Read MoreLast week the movement of the stock market was overtaken by the elections in the United States and the narrow margin in votes that they had in some States. However, at www.elliottwave-forecast.com we ignore the noise and focus on our Elliott Wave trading system and technical analysis. What happened with the actions of Nike ($NKE) […]
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SP500 and DXY Performance in US Election. What to expect this year?
Read MoreEvery 4 years the elections arrive in the United States, the performance of the most important health indicator of the financial markets, such as SP500, is reviewed again. In recent years the SP500 has been well above other indices worldwide like the DAX or the FTSE. That leads us to think about the importance of […]
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Russell ($RTY #F) Working with the Right Side and The Blue Box
Read MoreDrawing The Blue Box in the Russell In the London updated, the Russell showed possible flat correction to complete the wave (2). That is because wave B reaction was strong near to the level of (1), classic movement for a flat structure and we looked for 3 or 5 swings down as an impulse to […]