After just getting stopped out in CHK for no loss, why are we buying again? I am of the firm belief that if you only traded based on the media drive-by observations of any particular stock you would be hard pressed to know what to do most of the time. For example, how many times […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of Facebook. As our members know, early in October, Facebook has incomplete sequences in the cycle from the July 2018 peak. The Stock was still missing another swing down to complete proposed pattern. Consequently , we expected Facebook […]

Dow futures ticker symbol: YM short-term Elliott wave view suggests that a bounce to 25845 high ended cycle degree wave “b”. Down from there, cycle degree wave “c” unfolded as ending diagonal structure i.e lesser degree cycles within primary wave ((1)), ((3)) & ((5)) also unfolded in 3 swings structure. Where primary wave ((1)) ended […]

EURNZD short-term Elliott wave analysis suggests that the decline from 10/08/2018 peak is unfolding as Zigzag structure. Where a bounce to 1.7881 high ended Minute wave ((ii)), Minute wave ((iii)) ended in lesser degree 5 waves at 1.7528 low. Minute wave ((iv)) ended at 1.7596 high. And Minute wave ((v)) ended at 1.7493 low which […]