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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NQ_F: Reaction Higher From Equal Legs Area
Read MoreHello Traders, in this article we will analyze our forecast of the Nasdaq Futures in the short term cycle. Since the short term peak of NQ_F from 02.02.2023 to end wave 1 we have been expecting a pullback within wave 2 to take place. Here at Elliott Wave Forecast we have in place a system […]
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Platinum (PL) Ended Correction and Resumes Higher
Read MoreIn our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullback has likely completed. The metal can start to resume higher in months to come. Below we will look at the technical outlook using Elliott Wave. Platinum […]
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American Airlines ( AAL ) Found Buyers At The Blue Box Area
Read MoreHello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of American Airlines Group ( $AAL ) stock. As our members know, the stock is trading within the cycle from the 11.63 low. We have been calling for the rally in the stock after 3 waves […]
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FCX : Favors Upside & Should Remain Supported
Read MoreFreeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for Copper, Gold, Molybdenum, Silver & other metals, as well as Oil & gas. It is based in Phoenix, Arizona, US, comes under Basic Materials sector & trades as “FCX” ticker at NYSE. FCX shown impulse […]