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 […]
$USDJPY (7.26.2013)Read More
Wave (( b )) high appears to be in place @ 100.87 and wave ( b ) of (( c )) also appears to have completed @ 100.46 . While below 99.41 expect further weakness in the pair toward 97.56 (equal legs) to complete a corrective down cycle from 101.54. Further support comes @ 1.236 […]
$TNX (10Y yields) 7.24.2013Read More
Wave A is over and B wave pull back can reach as high as 2.65 before yields turn lower again in wave C toward 2.15 – 2.17% to complete wave (( B )). We don’t like selling yields into the proposed swing lower and strategy remains to establish long positions on dips.
$HG_F (Copper) 7.23.2013Read More
Expect some further strength to complete a double corrective structure for wave X before the metal turns lower again. There is strong confluence of resistance between 3.25 – 3.27 and ideally price should stay below 3.35 but only a break of 3.42 would negate this wave count.