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The SPY ETF is still trading within the Super Cycle degree from its 2009 lows. The ETF has now opened up another extension where it trades into new highs. Now, we should be looking into targets for the red wave V where the Super-Cycle can possibly end. Wave V possible targets in The Elliott Wave […]
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Daily Technical Video for 7.24.2012
Read MoreRevisiting our Daily Technical Video for 7.24.2012 in which we explained why we favored the idea of a Risk Rally this week and what pairs we looked at to arrive at the conclusion that correction in risk from 6.4 low was not over.
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EWF 7.19.2012
Read MoreAsian / European Preview 7.18.2012 9.55 PM EDT Good Evening Fellow Traders There is no change in our outlook and we are still viewing the pullback in USDX, EURUSD ,USDNOK and USDCHF as a wave ((iv)) or wave ((x)) from 17th June low/high. Its too early to tell whether the strcture from 17 June high/low […]
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