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 […]
-
SPX ( S&P500) Elliott Wave View : Forecasting The Path
Read MoreHello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of SPX ( S&P500) , published in members area of the website. As our members know SPX is showing higher high sequences in the short term cycle from the October 13th low. The index is looking for […]
-
RRR : Should It Be Ready For Next Rally ?
Read MoreRed Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical sector & trades as “RRR” ticker at Nasdaq. As discussed in previous blog, RRR finished wave I at […]
-
FORD (F) Is Entering in a Double Correction And Needs More Downside
Read MoreFord Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. FORD July Daily Chart Last July, we showed that Ford (F) ended the bullish cycle from March 2020 at 25.86 […]
-
Elliott Wave View: SIL (Silver Miners) May Have Bottomed
Read MoreSilver Miners ETF (SIL) may have ended the correction to the cycle from March 2020 low. The correction took the form of a double as the chart below shows: A double three is labelled as WXY. The first leg wave W and the third leg Y both subdivide into 3 corrective waves. The subdivision of […]