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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$INDU-DOW Double three Elliott Wave Structure
Read MoreGlobal Indices have seen an impressive start of Q3 as the major US indices are not tired of hitting new highs occasionally. With applause July dissemination among equity investors, capital bulls are flexing their muscles in August as well. At the beginning of last week, the indices hits fresh highs as US retail sales and […]
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$USDNOK Short-term Elliott Wave Analysis 9.9.2016
Read MoreShort term Elliott wave count suggests that rally to to 8.403 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 8.11 and wave ((x)) bounce is in progress towards 8.275 – 8.305 area to correct the decline from 9/1 peak (8.403). As far as 9/1 pivot at 8.403 stays intact […]
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Nikkei $NKD_F Short-term Elliott Wave Analysis 9.7.2016
Read MoreShort term Elliott wave count suggests that decline to 16335 ended wave ((x)). Rally from there is unfolding as a double three where wave (w) ended at 17170 and wave (x) pullback is proposed complete at 16885. While Index remains above 16885, and more importantly as far as wave ((x)) pivot at 16335 stays intact, expect more upside in […]
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Elliott Wave Theory Structure : A Double Three Combination
Read MoreDouble three structures are common occurrences in the market and as it has been pointed out before they can also be the Elliott wave formation that a particular market instrument is trending within the larger degrees and time frames. As pointed out here before, it is simply impossible in some markets to get a legitimate […]