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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Elliott Wave View: EURUSD Bounce May Extend
Read MoreEURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is unfolding as a zigzag Elliott Wave structure where wave (A) ended at 1.1147. Internal of wave (A) unfolded […]
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Intel ($INTC): Strength before more weakness
Read MoreIntel is a very important component for the Semiconductor industry. It is the #2 holding in in both the SOXX ETF, and the SMH ETF. With such a strong weighting in the overall sector, it has much influence over the direction of the industry as a whole. Most recently, Intel has declined with the broad […]
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SEKJPY Breaks below September 2019 to Resume The Decline
Read MoreBack in October 2019, we mentioned that SEKJPY had reached extreme area down from September 2017 peak and should bounce soon in 3 or 7 swings which should fail for more downside. In this article, we will look at the price action which followed since then and what is expected next in the pair. First […]
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Elliott Wave View: Dow Jones Futures (YM_F) Can See Further Strength
Read MoreDow Jones Futures (YM_F) is correcting cycle from Feb 13 high as a zigzag. This article and video looks at the Elliott Wave path.