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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Elliottwave forecast 12.6.2011 by EWF
Read MoreAsian Open / European Preview 12.05.2011 10:45 PM EST Good Morning Fellow Traders Slow start to the week. SPX500 (Cash) and ES_F made new highs above Friday’s high today. We mentioned in our NY preview that our preferred wave count had SPX500 (cash) completing 5 waves up from Nov 25 low and we we were expecting prices to meet resistance anywhere between […]
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Elliottwave forecast 12.2.2011 by EWF
Read MoreAsian Open / European Preview 01.12.2011 11:51 PM EDT Good Morning Fellow Traders A very dull day in the markets with most markets consolidating in tight ranges after aggressive rallies yesterday. SPX500 spent the entire day consolidating between 1250 – 1240. We have been highlighting the importance of SPX500 reaction from current levels, stating that an impulsive decline […]
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Elliottwave forecast for 11.29.2011
Read MoreNew York Open 11.29.2011 09.29 AM EST Good morning traders around the world. Last night we mentioned that a new high above 1197.9 would complete 7 swings and hence a 3 wave corrective move from Nov 25 low. SPX500 futures spiked higher following a better than expect Italian Bond Auction and reached an intra-day high of 1207. […]