Since the 2008 Financial Crisis, Goldman Sachs (NYSE: GS) established a new multi-year bullish trend which managed to break above 2007 peak after just 10 years joining the list of many other stocks which already achieved new all time highs in the previous years. GS has been moving within a bullish channel making higher highs […]

GDX Cycles from the January 2016 Lows Firstly, the GDX ETF was created in 2006. From there it bounced higher into the September 2011 highs. This not shown on the chart however the price trend was obviously up. The pullback lower into the January 2016 lows corrected the cycle from the all time highs. The […]

BA and the Trade Tensions Between China and Elliott wave As we all are well aware there are definitely heightened tensions on the global trading playing field these days. The markets have been whipping back in forth in exacerbated moves. Every hint or tweet about anything to do with trade, specifically, trade and China causes […]

DAX continues to make a new low and this week broke below 11/20 low (11009) suggesting that the move lower remains in progress. Near term Elliott Wave outlook calls for the decline to 11009.25 on 11/20 as Intermediate wave (3). From there, rally to 11566.97 ended Intermediate wave (4) as a zigzag Elliott Wave structure. […]