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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LTCUSD – Forecasting the wave (5) within second dimension correlation
Read MoreOne of the well known facts of the market are correlations between instruments. However that rule does not apply every time in every instrument. Here at Elliott Wave Forecast we call a first degree correlation when 2 instruments move together according to how they are related. For example everyone knows that if the USDX is […]
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DAX Looking to End 5 Waves Elliott Wave Impulse
Read MoreDAX rallies as a 5 waves impulse structure from 12.20.2022 low. This article and video look at the Elliott Wave path for the Index.
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JNJ Could Have Started A Bearish Movement To End Wave II Correction.
Read MoreJohnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average, and the company is ranked No. 36 on the 2021 Fortune 500 list of the largest United States corporations by total revenue. […]
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Five Waves Rally in $GDXJ Suggests Bottom in Place
Read MoreGold Miners Junior (ticker: GDXJ) spent the past two years in a deep correction, but it looks to have found the bottom on 9.26.2022 low at 25.80 as the second chart (the Daily chart) below shows. The rally from 9.26.2022 low is in 5 waves (impulsive), suggesting that the bottom is likely in place and […]