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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How to spot when a Zig Zag fails and the corrective wave needs more time?
Read MoreMost exciting as an Elliott Wave trader is when you see a nice clean impulse wave and then develops a clean Zig Zag Pattern. A Zig Zag is one of Elliott Wave Theory’s corrective pattern, also known as when the market takes a bit of a breather. So, a Zig Zag consists of a 5 […]
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NTR : Favors Short Term Weakness Before Turning Higher
Read MoreNutrien Ltd., (NTR) provides crop inputs & services. It offers potash, nitrogen, phosphate & sulphate products, & financial solutions. The company also distribute through approximately 2000 retails locations in US, Canada, South America & Australia. It is based in Canada, comes under Basic Materials sector & trades as “NTR” ticker at NYSE. NTR started impulse […]
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EMN – Favors Flat Correction Before Turning Higher
Read MoreEastman Chemical Company (EMN) operates as specialty materials company globally. It serves transportation, personal care, wellness, food, feed, agriculture, building & construction, water treatment, energy, consumables, durables & electronic markets. It is based in Kingsport, Tennessee, US, comes under Basic Materials sector & trades as “EMN” ticker at NYSE. EMN favors a flat correction since […]
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Canada Index (TSX) Needs One Wave Down To End A Double Correction
Read MoreThe S&P/TSX is a major stock market index which tracks the performance of largest companies by market capitalization on the Toronto Stock Exchange in Canada. It is a free float market capitalization weighted index. The index covers approximately 95 percent of the Canadian equities market. The S&P/Toronto Stock Exchange Composite Index has a base value […]