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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$QQQ Long Term Elliott Wave & Cycles
Read More$QQQ Long Term Elliott Wave & Cycles Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000. The ETF instrument mirrors the price movement of the Nasdaq which did that. As shown below from the March 2000 highs […]
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Elliott Wave View: Potential Target for Gold’s Correction
Read MoreShort Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott Wave structure. Down from November 9 peak, wave ((a)) ended at 1850. Up from there, bounce in wave ((b)) unfolded as a zigzag in lesser […]
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FTSE Forecasting The Rally From The Blue Box
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of FTSE index published in members area of the Elliottwave-Forecast . As our members know FTSE reached our target zone in the June cycle at 639.9-5231.02 area and found buyers. FTSE is another instrument that has given us nice rally from […]
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Possible Long Term Elliott Wave Structures for USDCHF
Read MoreThe Swiss franc is a currency that is always in the hurricane of the Forex because on several occasions the Swiss National Bank has intervened to prevent a continued appreciation of the currency against the dollar. The last time we saw a clear consequence for USDCHF intervention was in early 2015 when the pair lost […]