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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$TNX (10Y yields) 8.15.2013
Read MoreYields have broken higher as we expected but didn’t make a sizeable pull back first. Focus is on 2.89 – 2.908 % to complete wave (( iii )) before we get a corrective wave (( iv )) pull back which we don’t like selling into. We do Elliott wave analysis of 25 instruments in 4 […]
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$FTSE (8.14.2013)
Read MoreIndex has completed a 5 wave move @ 6709 peak and is currently in wave ( B ). Wave A of ( B ) has completed @ 6507 and wave B of ( B ) is under way which can reach as high as 6661 (76.4 fib) from where we expect the Index to trade […]
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$EURGBP 8.13.2013
Read MoreFollowing a triangle consolidation, pair is expected to break lower toward 0.8541 and perhaps a little lower to complete wave (( w )) before pairs turns higher to correct the entire decline from 0.8770 high. Break of 0.8610 is needed to confirm wave (( w )) low is in place. If you would like to […]
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$XAG/USD (Silver) 8.12.2013
Read MoreMetal is showing 5 swings up from 19.13 low which makes 20.06 the connector wave ( b ). Expect another push higher toward 21.55 (1.236 ext) to complete wave (( a )) before metal pulls back in wave (( b )) and trades higher again.