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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Newmont Mining (NEM) Support Area in Pullback
Read MoreNewmont Mining (NEM) starts a pullback to correct cycle from 2015 low. In this article we will look at the potential target and support for the stock.
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UNFI : Expect Pulling Back Before Next Leg Higher
Read MoreUnited Natural Foods Inc., (UNFI) together with its subsidiaries, distributes natural, organic, specialty, produce & conventional grocery & non-food products in the US and Canada. It operates in two segments, wholesale and retail. It is based Providence, Rhode Island, comes under Consumer Defensive sector and trades as “UNFI” ticker at NYSE. UNFI made all time […]
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Elliott Wave View: Russell 2000 (RTY_F) Sellers Remain in Control
Read MoreRussell 2000 (RTY) broke below 5/12/2022 low favoring further downside. This article and video look at the Elliott Wave path.
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Never break these 3 rules to be a successful Elliott Wave Trader
Read MoreIn today’s blog, I want to take things back to basic when it comes to trading the Elliott Wave Theory – “theory”. There are 3 rules that you must follow to be a good trader. Within the theory, we have rules and guidelines. Guidelines are based on characteristics of the waves, Fibonnaci guidelines in terms […]