-
$UUP Can See Another High In The Longer Term Cycles
Read More$UUP Can See Another High In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a low in May 2011. The dollar index did make a pullback cycle low in May 2011 however it […]
-
Elliott Wave View: S&P 500 E-Mini Futures (ES) Near Term Rally Likely Fail
Read MoreS&P 500 E-Mini Futures (ES) is correcting cycle from March 29 peak before it resumes lower. This article and video look at the Elliott Wave path.
-
MIDD : Expect Pull Back Before Rally Resumes
Read MoreThe Middleby Corporation (MIDD) designs, manufactures, markets, distributes & services a range of food services, food processing & residential kitchen equipment in the US, Canada, Asia, Europe, Middle East & Latin America. It is based in Elgin, Illinois, comes under Industrials sector & trades as “MIDD” ticker at Nasdaq. Since February-2017, MIDD made finished larger […]
-
Junior Gold Miners (GDXJ) Correction In Progress
Read MoreIn our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18 high of $51.92, it has rallied 42% higher. The ETF last week started to selloff and today we are going to update on the outlook […]