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SPY ETF Selling The Rallies At The Blue Box Area
Read MoreHello fellow traders. Another trading setup we have had recently was selling the rallies in SPY ETF. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SPY published in membership area of the website. As our members know, SPY is showing incomplete bearish sequences in the cycle […]
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Platinum (PL) Searching for Bottom
Read MorePlatinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively hiked rates multiple times, creating a sideways to lower movement in the commodity sectors. There’s however no doubt that the longer term outlook of commodities […]
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Is A New Bullish Cycle Starting in DOGEUSD From June Low?
Read MoreDOGEUSD promotes the currency as the “fun and friendly Internet currency”. Software engineers Billy Markus and Jackson Palmer launched the satirical cryptocurrency to make fun of Bitcoin and the many other cryptocurrencies boasting grand plans to take over the world. Dogecoin had established a dedicated blog and forum, and its market value has reached US$8 million, once jumping […]
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$IFX: Infineon Technologies Provides an Opportunity in a Pullback
Read MoreInfineon Technologies AG is a German semiconductor manufacturing corporation. It has been founded 1999 as a spin-off from Siemens AG and the headquarteres of the company are in Neubiberg, Germany. Today, Infineon belongs to the DAX index and one can trade it under the ticker $IFX at Frankfurt Stock Exchange. The company is the world leader in automotive […]