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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Elliott Wave View: SPX Is Close to Start A Pullback
Read MoreShort Term Elliott Wave View in SPX suggests the index has completed a corrective cycle from January 2022 peak. The market bounced from the blue box area at 3807.95 where wave II finished. The rally from 5/22/2022 low looks like it is unfolding as a 5 waves impulse Elliott Wave structure. Up from 5/22/2022 low, […]
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Best Preferred Stocks for 2024
Read MoreSome companies issue preferred stocks to raise cash. Similar to bonds, preferred stocks are fixed-income securities. Preferred stocks get preferential treatment over common stocks when dividends stocks are distributed. referred stocks represent ownership in a company. But they are different from common stocks in many ways too. What are Preferred Stocks? Preferred stock is a […]
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Elliott Wave View: Near Term CADJPY Should Continue Higher
Read MoreShort Term Elliott Wave View in CADJPY suggests cycle from April 20, 2022 high has ended with wave ((2)) at 97.73. Pair rallies from that level building an impulsive structure as wave 1 ended at 101.16. Then we saw a zigzag Elliott Wave structure as wave 2. Down from wave 1 high, wave ((a)) ended at 99.10, […]
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YM_F Buying The Dips in The Blue Box
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]