EURAUD short-term Elliott wave view suggests that the rally to 1.6353 high ended intermediate wave (1) higher. The internals of that degree unfolded as impulse structure with lesser degree cycles showing the sub-division of 5 waves structure. Below from 1.6353 high, the pair is doing an intermediate wave (2) pullback in 3, 7 or 11 […]

AMAZON ticker symbol: AMZN short-term Elliott wave view suggests that the rally to $2050.50 high ended intermediate wave (1) as impulse structure. Down from there, the instrument is doing a pullback in intermediate wave (2). The internals of that pullback unfolding in 3 swing structure with the sub-division of 5-3-5 structure in lesser degree cycles […]

The latest trade war between U.S. and China may affect U.S. companies with big operations in China, such as Apple. Saturday’s report by The Wall Street Journal suggests that President Trump has given a go ahead to his aides to implement a fresh $200 billion tariffs ahead of scheduled trade talks with China. This can […]

NEM Could Newmont Mining Begin a Larger Bullish Cycle Soon? Could Newmont Mining Begin a Larger Bullish Cycle Soon? In short answer form is yes. The area from where I think that will happen from is highlighted on the chart below. Before getting to that point again later I would like to talk about some […]