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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Nasdaq Elliott Wave Analysis: Ending Impulsive Move
Read MoreShort Term Nasdaq Elliott Wave view suggests that the rally from 12/5 low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25. This week, the Index made a new high above Minor wave W at 6545.75, suggesting the next leg higher has started. Internal of Minor wave W […]
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Elliott Wave Analysis: Nasdaq Has Resumed Higher
Read MoreElliott Wave view for Nasdaq suggests that the rally from Intermediate wave (4) on 12/5 unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25. The Index has made a new high above Minor wave W at 6545.75, which brings validity to this view. Subdivision of Minor wave W […]
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Gold is Ready for New Rally
Read MoreGold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways range around $1250 area before the final bounce came by year end to allow the precious metal to […]
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Elliott Wave Analysis: Nasdaq Ended Correction
Read MoreElliott Wave view for Nasdaq suggests that the Index has ended the correction to the cycle from 12/5 low at 6383.25 and from there it it has started the next leg higher. Up from Intermediate wave (4) low on 12/5, the rally unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X […]