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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$SPX Elliott Wave Analysis 4.20.2015
Read MoreSPX500 dropped sharply on Friday in 5 waves. A 5 wave move doesn’t always mean that trend has reversed as a 5 wave move could be part of an Elliott Wave FLAT correction as well which we think was the case here as our bullish pivot at 3/26 (2044.92) low never gave up. As this […]
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Educational Series – Zig-Zag Elliott Wave Structure
Read MoreIn this educational video, we will talk about the Elliottwave zigzag structure. Zigzag is a corrective 3 wave move labelled as an ABC. Zigzag is a 5-3-5 Elliott wave structure but zigzag can also be the internal structure of a double three WXY or an internal structure of a triple three WXYZ. What are some of the […]
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AUDUSD Short-term Elliott Wave Analysis 4.16.2015
Read MoreOur preferred Elliott wave suggest AUDUSD downtrend is mature in the higher time frames but mid-term cycles still remain bearish against 3/24 (0.7937) high. Decline from 0.7937 – 0.7529 took the form of triple three structure and completed wave “W”. Wave “X” bounce is in progress and has already reached 1.236 ext of ((w))-((x)) at […]
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CADJPY Short-term Elliott Wave Analysis 4.15.2015
Read MoreWe can see 3 swings rally from wave (X) low at 3/31 with the first leg red wave W, the second leg red wave X, and the pair is currently finishing the third leg towards equal leg 97.79 – 98.5. Short term, the pair can see a pullback in wave ((x)). The pullback can reach as […]