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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Dow Jones $INDU Short-term Elliott Wave Analysis 5.13.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave ((x)) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]
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$USDPLN Short and Medium Term Outlook
Read MoreIn this article, we are going to analyze the fundamental and technical background of $USD/PLN (U.S. Dollar against Polish Zloty) to determine the short term and medium term path of the pair. From the U.S side, U.S. economy has slowed down in 2016. Most of the recent economic data coming out from U.S. has missed out […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.12.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave (x) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.11.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding in a zigzag where wave (A) ended at 17580.38 as 5 waves diagonal. Wave (B) bounce is in progress to correct decline from 18173.54. Wave (B) bounce has enough swing and extension to call it completed although a marginal high still can’t […]