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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$SMH Semiconductors Elliott Wave & Longer term Cycles
Read More$SMH Semiconductors Elliott Wave & Longer term Cycles Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008. This low has not been taken out in price. The cycles in this instrument tends to reflect the […]
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Elliott Wave View: SPX (S&P 500) Wave 5 In Progress
Read MoreS&P 500 (SPX) is within wave 5 in an impulse rally with further upside to end. This article and video look at the Elliott Wave path for the Index.
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XME Calling The Rally & Buying The Dips At The Blue Box Area
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XME ETF published in members area of the Elliottwave-Forecast . As our members know, XME is showing impulsive bullish sequences in the cycle from the 13.82 low. Consequently we recommended members to avoid selling it , […]
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P&G Is Still On Track In Wave ((3)) Pullback Was Deep
Read MoreSince the crash of March 2020, all stocks have tried to recover what they lost and P&G was no exception. P&G did not only recover the lost, but It also reached historic highs. Now, we are going to try to build an impulse from wave II with a first target to $154.00 next $167.50 and […]