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 […]
-
SPX forecasting the rally and buying the dips
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of SPX published in members area of www.elliottwave-forecast.com. In further text we’re going to explain the Elliott Wave count nad trading strategy. SPX Elliott Wave 1 Hour Chart 06.27.2017 As our members know, we were pointing […]
-
Dow Future Elliott Wave View: Resuming Higher
Read MoreShort term Dow Futures (YM_F) Elliott Wave view suggests that rally from 6/29 low is unfolding as a a double three Elliott wave structure. Up from 6/29 low (21138), Minor wave W ended at 22132 and pullback to 21790 ended Minor wave X. Rally from there is unfolding as an impulse Elliott wave structure. Up from 21790, […]
-
Will North Korea situation create a Market correction?
Read MoreThe situation in North Korea went to another level last week when President Trump made some “Fire and Fury” comment. His response to the provocation by North Korea resulted in risk off with sell off across the market, higher VIX, Yen strength. Precious metals such as Gold and Silver also saw bids and started to rally in the […]
-
Gold Elliott Wave View: 8.11.2017
Read MoreShort term Gold (XAUUSD) Elliott Wave view suggests that rally from 7/10 low is unfolding as a a double three Elliott wave structure. Up from 7/10 low (1204.69), Minor wave W ended at 1274.11 and pullback to 1251.27 ended Minor wave X. Wave Y is currently in progress as a zigzag Elliott wave structure where Minute wave […]