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 […]
-
Elliott Wave View: DAX Impulsive Rally Suggests Buyers in Control
Read MoreDAX rallies in an impulsive structure from Oct 30 low suggesting further upside is likely. This article and video look at the Elliott Wave path.
-
$ENI and $BP Stocks Help Locating Bottom in Energy Sector
Read MoreOil has found its bottom in April 2020. From the lows, it is extending higher and should become even more expensive in the coming years. Similarly, indices have found an important bottom in March 2020. From the lows, world indices like S&P500 and Nikkei have managed to break to new all-time highs. The mighty Energy […]
-
XOM Found Buyers At The Blue Box Equal Legs Area
Read MoreAnother instrument that we have been trading lately is Exxon Mobil Corporation ( $XOM ) from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of $XOM, published in members area of the website. As our members know, XOM has been showing incomplete impulsive sequences from […]
-
Bank Of America ($BAC) Cashes Higher After a Ranging Pause
Read MoreBank of America ended a movement in ranges that had been in place since June, after a slight recovery from the drawdown in March due to COVID-19. The global capital markets woke up stimulated with a strong risk appetite on November 9th, this made that stocks such as Bank of America could come out of […]