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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DAX Elliott Wave Analysis: Correction in Progress
Read MoreDAX Short Term Elliott Wave view suggests that Intermediate wave (X) ended at 12731.46. Rally from there is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5, Minutte wave (iii) ended at 13408.5, Minutte wave (iv) ended at 13328.5, and Minutte wave (v) of […]
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DAX Elliott Wave Analysis: Still In wave (v)
Read MoreDAX Short Term Elliott Wave view suggests that pullback to 12731.46 ended Intermediate wave (X). Up from there, rally is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5, Minutte wave (iii) ended at 13408.5, and Minutte wave (iv) is proposed complete at 13328.5. […]
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SPX Forecasting rally & Buying Dips
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of S&P 500 Index (SPX) published in members area of www.elliottwave-forecast.com. As our members know, we were kept saying that SPX is having incomplete bullish sequences in the 1 Hour cycle as shown in Sequence Report. […]
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Why Oil Should Be Supported in Weekly Chart
Read MoreHello fellow traders, in this blog post, we will discuss oil in a more bigger picture. In the chart below, you can see crude oil futures on the weekly chart. From the 02/08/2016 low, we can clearly see that the market has a potential 5 swing incomplete bullish sequence. It seems like that it is still […]