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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USDCAD Turned Lower From The Blue Box ( Sellers Zone)
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the charts of USDCAD published in members area of the website. As our members know, USDCAD is showing lower low sequences in the cycle from the 03/19 peak . We advised clients to avoid buying the pair ,while favoring selling […]
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Elliott Wave View: EURJPY Ready for Next Bullish Leg
Read MoreEURJPY has started the next bullish leg higher and dips should find support in 3, 7, 11 swing. This article and video is looking at the Elliott Wave path.
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$SMH Semiconductors ETF Long Term Cycles & Elliott Wave
Read More$SMH Semiconductors ETF Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008. This low has not been taken out in price. The cycles in this instrument tends to reflect […]
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Elliott Wave View: Nasdaq (NQ) Looking For More Upside
Read MoreNasdaq is looking to end 5 waves rally from November 10 low. While dips stay above there, it can see more upside. This article looks at Elliott Wave path.