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![US Presidential Cycles and the SPX Performance](https://elliottwave-forecast.com/wp-content/uploads/2022/10/Presidential-terms-and-the-SPX20221020171948-1024x512-1.jpg)
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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European Indices Forecast (8.15.2013)
Read MoreIt’s time to revisit $FTSE chart as we last looked at it on 8.1.2013 and establish that bulls had regain control as Index showed a 5 wave move up following a 5 wave decline which is a bullish setup. We expected Index to find resistance around 6743 and turn lower in 3 waves to complete […]
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$USDJPY 10.4.2013
Read MorePair is bouncing from 76.4 fib of wave ( D ) @ 96.92. Marginal new lows to 96.78 could still be seen before pair turns higher. Cycle is very close to ending and bounce can happen at any moment. We don’t like chasing weakness in the pair as hourly cycles remain positive and like the […]
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$CL_F (US Oil) 10.3.2013
Read MoreExpect marginal new highs to 105.00 to complete wave A as a FLAT. This should result in a wave B pull back and further strength toward 106.67 – 107.99 to complete wave ( B ). Hourly cycles are negative but we don’t recommend selling in wave B as more upside would be expected after that. […]
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$USDJPY (10.2.2013)
Read MoreBreak of 97.44 suggests wave ( 4 ) is not over yet. Expect a test of 96.92 as the next level to look for longs in the pair. We don’t like chasing weakness in the pair as strategy remains to buy the dips in 3, 7 and 11 swings. If you would like to receive […]