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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$GBPCHF (10.24.2013)
Read MoreWave B has completed @ 1.4641 which exposes equal legs @ 1.4298. Wave (( a )) of C can reach 1.4359 before we get a pull back in wave (( b )). Hour cycles are positive in the pair but we don’t like buying into proposed wave (( b )) pullback.
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$CL_F (US Oil) 10.23.2013
Read MoreOil is nearing completion of a cycle from 104.37 peak which would complete 5th swing down from 112.25 peak. As Oil avoids aggressive weakness below 95.97, expect a pullback in wave B toward 100.00 – 101.00 area from where Oil should turn lower in 7th swing. Hourly cycles remain negative so we don’t like buying […]
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$NI225-Nikkei futures (10.22.2013)
Read MoreAnother push higher to 14843 could be seen to complete an extended (( v )) and A. After that Index should pull back in 3 waves toward 14250 – 14300 area and resume the rally. We don’t like selling the Index and strategy remains to buy the dips in 3, 7 and 11 swings after […]
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$NI225 (Nikkei) 10.21.2013
Read MoreAnother push higher to 14843 could be seen to complete Ending Diagonal wave (( v )) and A. After that Index should pull back in 3 waves toward 14250 – 14300 area and resume the rally. We don’t like selling the Index and strategy remains to buy the dips in 3, 7 and 11 swings […]