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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Elliott Wave personality and characheristics
Read MoreBesides technical characterists, Elliott wave analysts are also familiar with individual wave personality, which typically reflects the psychology of the moment. In the picture below you can see an example of the rising trend – 5 wave impulsive structure. Wave 1 is rarely obvious at its inception . Traders believe previous trend is still strongly […]
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Nikkei 225 Chart of the Day Recap 5.5.2015 – 5.22.2015
Read MoreBelow is a recap of our call and forecast for Nikkei 225 from our Chart of The Day post from 5/5/2015 – 5/22/2015. You can click the underlined link to view the original post on that date. Nikkei 225 Chart of The Day posted at 5/5/2015 In our Chart of The Day at 5/5/2015, we said Wave (Y) […]
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Nikkei 225 Short Term Elliott Wave Update 5.22.2015
Read MoreDecline to 19054 completed wave ((X)), and the Index has since resumed the rally in wave W in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 19865 and wave ((x)) ended at 19495. In our previous Nikkei 225 Chart of the Day posted at 5.20.2015, we said wave ((y)) is in progress towards 20314 – 20507, […]
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S&P E-Mini (ES_F) Short Term Elliott Wave Update 5.21.2015
Read MoreDecline to 2057.41 completed wave X. Wave ((w)) rally from this level is unfolding in the form of a double correction (w)-(x)-(y), where wave (w) ended at 2113.5 and wave (x) ended at 2079.25. In our previous Chart of The Day at 5/19/2015, we said the last leg wave (y) is in progress towards 2136.43 – 2149.86 […]