Market 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, […]

Short 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 is proposed complete at 50. […]

Short 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 remains in progress as a […]

Short 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 46.7 and wave ((x)) bounce ended at 48.45. Near term, […]