Bank of America Corporation ticker symbol: BAC short-term Elliott wave view suggests that a decline from 8/08/2018 high to $27.64 low ended intermediate wave (W). The internals of that decline unfolded in 3 swings with the distribution of 5-3-5 zigzag structure. Up from there, a bounce to $29.20 high ended the short-term correction against 8/08/2018 […]

It’s Just Hard for Us to Be Still. The very essence of trading is assertive actions to create alpha. Sometimes, though, the hardest thing to do as a trader is nothing at all. I can definitely speak from personal experience during my trading career that I felt like there were times that I had to […]

Hello fellow traders. In this technical blog we’re going to talk about EURAUD forex pair. As our members know, EURAUD has incomplete bullish sequences in February Cycle. Break of March 28th peak has made cycle from the Februay 2017 (1.3593) low incomplete to the upside. The pair is now bullish against the 1.5569 low. Consequently, […]

Hello fellow traders. Today, I want to share some Elliott Wave charts of the CHK stock which we presented to our members in the past. Below, you see the 4-hour updated chart presented to our clients on the 09/09/18. showing that CHK ended the cycle from 02/09/18 low (2.52) at the peak of 07/10/18 (5.59) Below from there, […]