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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Dow Jones Transportation Index Called The Correction In Indices
Read MoreIn this blog-post, I want to discuss and recap my Blog I did on the Dow Jones Transportation Index in December 2017. First of all, you need to understand that today’s market can advance in 2 types of sequences. The first type is 5-9-13 or motive sequence and the second type is the 3-7-11 or corrective […]
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Elliott Wave Analysis: USDJPY Correction Should Fail Below 107.9
Read MoreShort Term USDJPY Elliott Wave view suggests that the rally to 107.9 ended Minor wave X. Pair is expected to resume lower while bounces stay below this level. Down from Minor wave X at 107.91, Minor wave Y is in progress as a double three Elliott Wave Structure. Minute wave ((w)) of Y ended at 105.23 […]
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GBPCAD: Forecasting the rally after Flat
Read MoreHello fellow traders. In this technical blog we’re going to take a look at the past Elliott Wave charts of GBPCAD published in members area of the website. As our members know, GBPCAD have had incomplete bullish sequences in the 1 Hour cycle, suggesting further rally. Consequently, we advised clients to avoid selling the pair […]
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DAX Elliott Wave View: Correction Ended
Read MoreDAX is correcting higher degree cycle from February 2016. Short-term Elliott Wave view suggests that Primary wave ((X)) ended with the rally to 12597.51. Decline from there is unfolding as a Zigzag Elliott Wave structure where Intermediate wave (A) ended at 11725 and Intermediate wave (B) is proposed complete at 12270.50 high in New York earlier today. However, Index […]