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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Forecasting the FOMC release. Technical Video (9.17.2013)
Read MoreDaily Technical Video from 9.17.2013 for our clients in which we talked about what the market should do following FOMC release [jwplayer mediaid=”116244″]
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$GC_F (Gold) 9.24.2013
Read MoreRecent price action suggests wave B has completed as a FLAT @ 1376. Wave (( a )) of C is thought to be complete now we expect a 3 wave pull back toward 1340 – 1348 followed by lower prices toward 1246 (equal legs) in wave (( c )) of ( B ). Hourly cycles […]
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$USDJPY: A look at shorter and mid-term cycles
Read MoreUSDJPY remains in a sideways consolidation with a bullish bias. This sideways consolidation can play out in a number of different ways as far as Elliott wave patterns go but strategy remains to look to buy the dips rather than selling rallies. Timing cycles are calling for a low on 10.4.2013 [jwplayer mediaid=”115138″]
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$CL_F (US Oil) 9.23.2013
Read MorePreferred view suggests price action from 106.40 – 109.00 was FLAT wave (( b )) and Oil is currently trading lower in wave (( c )) toward 102.58 (equal legs) target which would complete cycle from 110.70 and 112.25 highs and result in a bounce higher. We don’t like chasing weakness at current levels as […]