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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Silver Miners ETF (SIL) Has Reached Support Area
Read MoreSilver Miners ETF (SIL) has been consolidating since bottoming on January 2016 low at 14.94. Presently, it has reached 100% fibonacci extension from August 2020 peak at $26.2 – 35.3. This means the instrument can soon see support and rally in 3 waves at least if not resuming higher. Let’s take a look at the […]
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Elliott Wave View: Further Strength in US Dollar Index (DXY)
Read MoreDollar Index (DXY) shows a 5 waves (impulsive) move up from September 3 low favoring more upside. This article and video look at the Elliott Wave path.
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Nasdaq Futures: Forecasting the Decline and Next Blue Box Area
Read MoreNasdaq futures dropped from a peak of 15710.42 on September 6, 2021 to a low of 14711 on September 29, 2021 which is a drop of 997.75 points in just over 3 weeks and reflects a 6.36% drop. In this blog, we will look at how we forecasted the decline in Nasdaq Futures (NQ #F) based […]
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Royal Gold ( RGLD) : The stock might show the path for Gold
Read MoreRoyal Gold is an ETF with a higher degree correlation with Gold and might show a path for an expected move higher in Gold into the $2700.00 area. The Symbol shows five swings or waves since the all-time lows, which is a bullish structure. In the Elliott wave Theory, every time five waves or swings […]