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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$USDJPY (7.26.2013)
Read MoreWave (( b )) high appears to be in place @ 100.87 and wave ( b ) of (( c )) also appears to have completed @ 100.46 . While below 99.41 expect further weakness in the pair toward 97.56 (equal legs) to complete a corrective down cycle from 101.54. Further support comes @ 1.236 […]
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$USDJPY (7.25.2013)
Read MoreWave (( b )) high appears to be in place @ 100.87 and wave ( b ) of (( c )) also appears to have completed @ 100.46 . As the lower level holds, expect to see further losses in the pair toward equal legs (97.55) before it attempts to resume the rally. We are […]
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$TNX (10Y yields) 7.24.2013
Read MoreWave A is over and B wave pull back can reach as high as 2.65 before yields turn lower again in wave C toward 2.15 – 2.17% to complete wave (( B )). We don’t like selling yields into the proposed swing lower and strategy remains to establish long positions on dips.
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$HG_F (Copper) 7.23.2013
Read MoreExpect some further strength to complete a double corrective structure for wave X before the metal turns lower again. There is strong confluence of resistance between 3.25 – 3.27 and ideally price should stay below 3.35 but only a break of 3.42 would negate this wave count.