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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Oil Elliott Wave Sequence is Bullish
Read MoreOil’s price has been completely crushed in the past 3 years. From $112.2 peak in Aug 2013, Oil’s price dropped 77% until it finally found a support in Feb 2016 at $26. From Feb 2016 low, Oil Elliott wave sequence is showing 5 swing (daily chart below), which suggests that further upside is possible. Last Wednesday […]
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Gold Forecast through Gold-to-Silver Ratio
Read MoreIn this article, we will attempt to do short term and medium term Gold forecast through the chart of Gold-to-Silver ratio. The aftermath of Donald Trump’s election initially saw Gold rallying 5% on Nov 9, only to be completely reversed. Since then, we saw U.S. Dollar’s rally accelerated against other major currencies. USD Index made […]
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USDNOK Short-term Elliott Wave Analysis 12.2.2016
Read MoreRevised USDNOK short Term Elliott wave cycles suggests that rally to 8.641 ended wave 3 and wave 4 pullback is unfolding as a double three where wave ((w)) ended at 8.447, wave ((x)) ended at 8.543 and wave ((y)) of 4 is in progress towards 8.304 – 8.35 area. Near term, while pullbacks stay below wave ((x)) at […]
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Don’t rush buying MasterCard (MA)
Read MoreMasterCard shares (NYSE: MA) failed to break above the all-time highs made last month even with the “Trump Rally” which started 3 weeks ago pushing the stock market strongly to the upside , this doesn’t seems to had any impact on MasterCard so with investors looking to cash-out before Christmas and some stocks reaching extremes like American Express that […]