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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$DAX Short-term Elliott Wave Analysis 7.5.2016
Read MoreShort term Elliottwave structure suggests Index ended wave X bounce at 10340. Decline from there is unfolding as a double correction where wave (W) ended at 9226.15 and wave (X) bounce is currently in progress as a Flat structure and has scope to extend 1 more leg higher towards as high as 10000 before Index resumes the decline. As […]
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Is uncertainty Gold’s best friend?
Read MoreGold is enjoying a strong run in recent times due to the recent decision market shake Britain to leave the European Union. Healthy boost the yellow metal is exhibited by an increase roughly 24 % of its value since the beginning of this year. Gold prices rebounded as much as about 8 % to its […]
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Oil $CL_F Short-term Elliott Wave Analysis 7.1.2016
Read MoreShort term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 45.83 and wave ((x)) bounce ended at 50. Near term focus […]
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Potential Impacts of Brexit
Read MoreMarket Impacts The market got off guard with the outcome of the UK referendum to leave European Union. One of the biggest casualties is Poundsterling which tumbled 8% on Friday last week, the biggest single day drop on record. The currency hit 31 year low and momentum and also technicals suggest more weakness is likely. Global equities, […]