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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Dow Jones (INDU) Elliott Wave Chart of the Day Summary Week 5.11.2015 – 5.15.2015
Read MoreBelow is a recap of our Chart of The Day for Dow Jones (INDU) for the week of 5/11/2015 – 5/15/2015: Dow Jones (INDU) Chart of The Day posted at 5/12/2015 In our Chart of The Day at 5/12/2015, we said wave (x) pullback is in progress and expected to complete at 17843.94 – 17969.54. As […]
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$GBP/USD Short Term Elliott Wave Analysis 5.14.2015
Read MoreDecline to 1.5086 completed wave (X), and rally from this level is taking the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 1.5523 and wave ((x)) ended at 1.5351. Wave ((y)) of W is already at inflection (turning) area, so although it has met the minimum requirement for completion, a marginal high can’t be ruled […]
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Dow Jones (INDU) Short Term Elliott Wave Update 5.13.2015
Read MoreDecline to 17732.04 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17973.07, wave b ended at 17910.15, and wave c of (w) completed at 18205.23. In our last Chart of The Day update, we said that wave (x) pullback is in progress towards […]
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Dow Jones (INDU) Short Term Elliott Wave Analysis 5.12.2015
Read MoreDecline to 17732.04 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17973.07, wave b ended at 17910.15, and wave c of (w) completed at 18205.23. Wave (x) pullback is currently in progress towards an ideal target of 17843.94 – […]