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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$RUB: Rouble Should See Strength within a Triangle
Read MoreBack in December 2020, we presented within the main article both the monthly and the daily view in the USDRUB. Long-term, the pair should provide a resolution thrust higher out of a multi-year triangle pattern. This means a weakness of Russian currency. Medium-term, however, we saw Russian Rouble gaining strength as related to the US Dollar. Short-term, Rouble […]
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Elliott Wave Forecast: Silver Miners (SIL) Doing Flat Correction
Read MoreSilver Miners (SIL) reached the support area from August 6 peak in 7 swing and reacted higher. However, in the last few trading sessions, the ETF has taken a turn lower. What’s the outlook for the ETF and what alternative should we consider? Let’s take a look at the Elliott Wave update below: SIL Monthly […]
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Elliott Wave View: Dow Futures (YM) Looking for More Downside
Read MoreDow Futures ended cycle from October 1 low and correcting that cycle. This article and video look at the Elliott Wave path of the Index.
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Elliott Wave View: Rally in FTSE Expected to Fail
Read MoreShort-term Elliott wave view in FTSE suggests cycle from September 20, 2021 low has ended with wave (1) at 7403.36. The Index is currently correcting that cycle within wave (2). Internal subdivision of wave (2) is unfolding as a zigzag Elliott Wave structure. Down from wave (1), wave ((i)) ended at 7342.61 and rally in […]