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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10 Year Note (ZN_F) Forecasting The Path & Selling The Rallies
Read MoreHello fellow traders. Another instrument that we have been trading lately is ZN_F. In this technical blog we’re going to take a quick look at the Elliott Wave charts of 10 Year Note and explain the trading strategy. As our members know, ZN_F has been giving us good trading opportunities recently. We recommended members to […]
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Elliott Wave View: EURJPY Should Continue Lower To End A Cycle
Read MoreShort term Elliott Wave view in EURJPY is telling us that pair completed an impulse from March 2022 low. Market peak at 144.289 and we labeled as wave ((1)). We believe that market has started a correction of the whole cycle. The currency is developing the first leg lower of a big correction. The drop […]
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Elliott Wave View: Oil Near To Complete a Cycle Looking For A Bounce
Read MoreShort term Elliott Wave view in Oil suggests the decline from 123.77 did 5 waves down ended an impulse as wave ((a)) at 101.56. Then market bounced building a corrective structure and ended wave ((b)) at 114.04. Oil has turned lower in wave ((c)) to complete a 3 swings structure to look for a double […]
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Elliott Wave View: Nasdaq Rally Remains Corrective
Read MoreShort term Elliott Wave view in Nasdaq suggests the decline to 11068.5 ended wave (3). Wave (4) corrective rally ended at 12261.78 with internal subdivision as a zigzag Elliott Wave structure. Up from wave (3), wave A ended at 11678.25 and pullback in wave B ended at 11320.50. Final leg higher wave C ended at […]