Best reading of Elliott wave cycles suggests rally to 7129.8 ended wave W. The Index is currently in wave X pullback as a double three where wave (w) ended at 6930 and wave (x) ended at 7067.34. While bounces stay below 7067.34, and more importantly below 7129.8, expect more downside in wave ((y)) of X towards 6820.26 […]

    Freeport McMoran based in Arizona, USA is the largest copper and molybdenum producer in the world. In 2015 , 67% of revenues were from the sale of copper, 11% were from the sale of petroleum, 10% from the sale of gold, and 5% from the sale of molybdenum. Without doubt the company balance sheets have suffered in the commodity price declines […]

Best reading of Elliott wave cycles suggests rally to 7091.7 ended wave ((w)). The Index is currently in wave ((x)) pullback as a double three where wave (w) ended at 6892 and wave (x) ended at 7040. While bounces stay below 7040, and more importantly below 7091.7, expect more downside in wave (y) of ((x)) towards 6788 […]

Best reading of Elliott wave cycles suggests rally to 7091.7 ended wave ((w)). The Index is currently in wave ((x)) pullback as a double three where wave (w) ended at 6892 and wave (x) ended at 7040. While bounces stay below 7040, and more importantly below 7091.7, expect more downside in wave (y) of ((x)) towards 6788 […]