A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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USDNOK Elliott Wave: Calling Extension Lower After The Bounce
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of USDNOK published in members area of the website. In further text we’re going to explain the short term Elliott Wave view. As our members know, the pair has incomplete bearish sequences in 4 Hour […]
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$NKD_F Nikkei Correcting Cycle Up from 2/12/2016
Read More$NKD_F Nikkei Correcting Cycle Up from 2/12/2016 The Nikkei Index has a bullish daily sequence and trend however it currently is correcting the cycle up from the 2/12/2016 lows in 3, 7 or 11 swings. For now and due to other correlated markets structures we will presume this will be a 7 swing declining pullback. […]
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DAX Elliott Wave Analysis: Further Weakness Ahead?
Read MoreShort term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 12434.7, Minor wave 1 ended at 12160, Minor wave 2 ended at 12375.5, Minor wave 3 ended at 11827, Minor wave 4 ended […]
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Will Trade War Weigh on the Market?
Read MoreTrade war with China Hurt Global Economy Last week global stock market slumped due to the prospect of all-out trade war which could destabilize global economy. US market closed sharply lower for the week with S&P 500 falling 5.6% and Dow Jones Industrial Average falling 6%. Asia markets also skidded with Nikkei 225 falling 6.3%, […]