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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Natural Gas (NG_F) Continue To Resume Lower
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). In the previous article from May 13, 2020, we showed how Natural Gas reached the blue box area and turned lower from there. The 4 hour chart update below from May 14 shows that the commodity has […]
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Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Read MoreGold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign of stopping. It has broken to new-all time high against many other major currencies, such as Euro, Pound Sterling, and Yen. Gold stocks should benefit […]
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EURGBP Resume Higher After Buyers Appear At Blue Box Area
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of EURGBP. The 1 hour London chart update from June 25, 2020 shows that the pair has ended the cycle from June 9 low in wave 1 at 0.9078 high. The rally unfolded as 5 waves impulse Elliott Wave Structure. […]
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Elliott Wave View: SPX Resumes Correction Lower
Read MoreSPX ended the cycle from April 2 low and is currently correcting that cycle. While below June 9 high, index can do another leg lower before upside resume.