Bank of America Corporation $BAC of course is one of the larger market cap stocks in the financial banking sector listed on the NYSE . Most are aware the stock peaked in November 2006 and was sold off heavily during the financial crisis decline then the stock found a low in February of 2009. From […]

Short term Elliott wave count suggests that pullback to 1.542 at 9/28 ended wave X. The rally from there looks to be unfolding as a 5 wave move and wave ((a)) is proposed complete at 1.801 . Wave ((b)) pull back is currently in progress to correct the cycle from 9/28 low (1.542) before the yields resume higher. We […]

In this technical blog we are going to take a quick look at $GBPNZD 4 hour chart from October 4th 2016. Pair from July 21 2016 peak was following a lager Elliott wave bearish cycle for ideal downside target area at 1.70, Also from September 1st 2016 peak (1.83559) pair was forming a lower lows […]

The Elliott wave theory explains that in a five waves move, every subdivision has to come in five waves three of which will advance in five waves and two would be pull backs of those against the trend. In this video, we are going to take a look at the decline in EURUSD from the peak of […]