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The SPY ETF is still trading within the Super Cycle degree from its 2009 lows. The ETF has now opened up another extension where it trades into new highs. Now, we should be looking into targets for the red wave V where the Super-Cycle can possibly end. Wave V possible targets in The Elliott Wave […]
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Elliott Wave View: Netflix Structure Looking Further Downside
Read MoreNetflix shows an incomplete bearish sequence favoring more downside while rally fails below Aug 9 high in 3, 7, 11 swing.
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German Daimler AG Stock Under Serious Pressure, Whats Next?
Read MoreHello fellow traders. In today’s blog, we will have a look at the Daimler AG stock. The stock is listed in the DAX 30 and in the EURO Stoxx 50. Daimler AG is a German multinational automotive company which has its Headquarter in Stuttgart Germany. Daimler AG is one of the biggest car manufacturers in the […]
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Elliott Wave View: Nikkei Looking for More Downside
Read MoreNikkei’s rally from Aug 6 low looks corrective. This article & video talks about the short term Elliott Wave path and why the rally is expected to fail.
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Elliott Wave View: Rally in Facebook is Corrective
Read MoreStructure of Facebook rally from Aug 6 low is corrective and unfolding as a double three Elliott Wave structure before the decline resumes.