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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ETHUSD Impulsive Decline Calls for More Downside
Read MoreETHUSD (Ethereum) is one of the three crypto-currencies covered as a regular instrument at Elliottwave-Forecast. Other two crypto-currencies we cover on a regular basis are BTCUSD (Bitcoin) and LTCUSD (Litecoin). In today’s article, we will be looking at Ethereum which has been dropping since forming a high on 08.14.2022. It dropped 43% from 2036 to […]
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INDU ( $YM_F ) Forecasting The Rally After 3 Waves Correction
Read MoreHello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of $YM_F, published in members area of the website. As our members know INDU ended cycle from the 34288 high as 5 waves, and now correcting it. Recovery looks incomplete and we expect to see more short […]
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BIST (XU100) May Drop at Any Time To Test Wave ((4)) Again
Read MoreThe Borsa İstanbul (BIST or XU100) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE), the Istanbul Gold Exchange and the Derivatives Exchange of Turkey under one umbrella. It was established as an incorporated company with a founding capital of ₺423,234,000 (approx. US$240 million) on 2013 and began to operate […]
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Bank of America ($BAC) Perfect Reaction Lower from Blue Box Area.
Read MoreGood day Traders and Investors. In today’s article, we will look at the past performance of 4 Hour Elliottwave chart of Bank of America ($BAC). The decline from 08.16.2022 high is unfolding as a 5 swings and made a lower low on 10.13.2022 which created a bearish sequence in the 4H timeframe. Therefore, we knew […]