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Can Disney shares break to new all time highs ?
Read MoreWalt Disney Company (NYSE: DIS) is one of the strongest players in the entertainment industry on a global scale and it rewarded its investors by a +255% return over the recent decade , more than twice the S&P 500’s 95% total return. The company wrapped up its sixth consecutive year of record-high sales and profits with revenue […]
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USDCAD: Expect turn lower soon
Read MorePreferred Elliott wave view in USDCAD suggests that the pair is showing a 5 swing bearish sequence from 12/28 high, favoring more downside. Short term, decline to 1.2965 ended Minor wave W and Minor wave X bounce is unfolding as a flat where Minute wave ((a)) ended at 1.3102, and Minute wave ((b)) ended at 1.2976. Minute […]
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USDCAD: Bearish sequence favors more downside
Read MorePreferred Elliott wave view in USDCAD suggests that the pair is showing a 5 swing bearish sequence from 12/28 high, favoring more downside. Short term, decline to 1.2965 ended Minor wave W and Minor wave X bounce is unfolding as a triple three where Minute wave ((w)) ended at 1.3102, Minute wave ((x)) ended at 1.2976, Minute […]
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Crude Oil: Extension higher expected
Read MoreRevised view suggests that Crude Oil rally from 1/10 low (50.71) is unfolding as a diagonal where Minor wave 1 ended at 54.08 and Minor wave 2 is proposed complete at 52.22. Crude Oil has broken above 54.08, and thus showing a 5 swing sequence from 1/10 low and favoring more upside. Near term, while pullbacks […]