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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Why Double Three WXY is A Better Structure to Trade Than Zigzag ABC
Read MoreIn Elliott Wave, there are several different corrective structures. Two of the most common corrective structures are zigzag ABC and double three WXY. A zigzag is a simple correction that all wavers is familiar with. The subdivision of ABC is 5-3-5, as the graph below illustrates. ABC Zigzag Structure The concept in Elliott Wave is […]
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Eurostoxx (SX5E) Buying The Dips At The Extremes
Read MoreHello fellow traders. As our members know we have had a lot of good trading opportunities lately. Another instrument that we have been trading is Eurostoxx ( SX5E) Index from Group 2. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SX5E published in members area of […]
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DAX Finds Buyers in Blue Box and Continues Higher
Read MoreIn this blog, we are going to take a look at the DAX index. The short term Elliott Wave view on the index shows a correction in ((4)) at 13310.95 on February 28, 2020. Internally, we have wave (W) at 13599.78. A rally followed in (X) at 13925.73. Wave (Y) followed lower and completed the […]
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Elliott Wave View: S&P E-Mini Futures (ES) Resumes Higher
Read MoreS&P E-Mini Futures (ES) has started to turn higher impulsively looking for new-all time high. This article and video look at the Elliott Wave path.