While above 20.78, expect more upside toward 22.20 region to complete wave 3 after which there should be a pull back in wave 4 and another leg higher. We don’t like selling Silver at this stage as the next expected pull back should be a corrective one.

EURGBP video showing Elliott wave analysis of the pair and calling for new lows below 0.8163 after the pivot at that level gave up in the proprietary system that we use.   Market is dynamic, so why not Sign up for 14 day Trial of the service by clicking on linking on the right to […]

Here is the analysis from our Live Trading Room daily recap of the SPX from 2/7/14 through 2/14/14.  Take a look at how the 15 minute trend has played out off the lows, and kept us on the right side of the market. Market is dynamic, why not Sign up for 14 day Trial to stay […]

Let’s take a look at USDCAD price action from 1.1225 (1.31.2014). Drop from 1.1225 – 1.0968 was a corrective decline and has been sub-divided in 3 larger 3 swings labelled (( a )) – (( b )) and A. Pair attempted to rally and failed almost at 50% fib retracement of the drop from 1.1225 […]