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 […]
-
$LBS: Lumber Prices in a Historic Double Correction
Read MoreLumber, also known as timber, is a type of wood that has been processed into beams and planks. One can trade it in form of Random Length Lumber futures and options at Chicago Mercantile Exchange within the agriculture asset class under the ticker $LBS. In 2020, we saw commodities turning higher. Since January 2021, rally […]
-
Elliott Wave Forecast: EURJPY Has Resumed Higher
Read MoreEURJPY broke above suggests the previous high on 9.12.2022 and shows bullish sequence favoring further upside against 140.87 in the first degree.
-
Alibaba ($BABA) 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 1 Hour Elliottwave chart of Alibaba ($BABA). The decline from 06.09.2022 high is unfolding as a 5 swings and made a lower low on 09.16.2022 which created a bearish sequence in the 4H timeframe. Therefore, we knew that the […]
-
Amazon $AMZN Incomplete Sequences Calling The Decline
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of Amazon $AMZN. As our members know, Amazon stock has been showing incomplete bearish sequences in the cycle from the August 16th peak. We recommended members to avoid buying the stock and keep favoring the short side due to […]