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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$DTE : Deutsche Telekom Should Soon Break Out
Read MoreDeutsche Telekom AG is a German telecommunications company and by revenue the largest telecommunications provider in Europe. Formed in 1995 and headquartered in Bonn, Germany, the company operates several subsidiaries worldwide. Deutsche Telekom is a part of both DAX30 and of SX5E indices. Even though the stock is highly appreciated by investors, the stock price […]
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EURNZD Gets Rejected in Blue Box and Makes New Lows
Read MoreEURNZD this week dropped to a new low and traded at it’s lowest level since 21st February 2020. The recent decline started after sellers entered in our blue box area. In this article, we will look at some recent charts from members area calling for the bounce to get rejected in the blue box for […]
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$QQQ Long Term Elliott Wave & Cycles
Read More$QQQ Long Term Elliott Wave & Cycles Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000. The ETF instrument mirrors the price movement of the Nasdaq which did that. As shown below from the March 2000 highs […]
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Elliott Wave View: Potential Target for Gold’s Correction
Read MoreShort Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott Wave structure. Down from November 9 peak, wave ((a)) ended at 1850. Up from there, bounce in wave ((b)) unfolded as a zigzag in lesser […]