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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DJIA Elliott Wave View: Extension expected
Read MoreShort term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) is showing an extension and […]
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Wheat Futures (ZW #F) forecasting the rally
Read MoreThe chart below is ZW #F h4 update from 2.6.2017. Price structure is showing incomplete bullish sequences in the cycle from the 01/12 ( red 2) low. As of right now we can count 5 swings from the mentioned level. Fifth swing ended at 437’4 high and 6th swing is about to complete. It’s Marked […]
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GBPJPY Shows 5 wave impulse up from 2/17 Lows
Read MoreGBPJPY Shows 5 wave impulse up from 2/17 Lows Firstly in the near term the GBPJPY pair shows 5 waves up from the 2/17 lows. The dip to 139.61 corrected the cycle up from the 2/7 lows. Secondly we favor seeing the pair ending this initial bounce from there in the 142.05 area. That per the […]
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DJIA Elliott Wave View: Wave ((iii)) in progress
Read MoreShort term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) is showing an extension and […]