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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Fastly Inc. ($FSLY) Correcting The March 2020 Cycle
Read MoreThe Corona Virus has provided some amazing opportunities for certain sectors. Cloud computing is one of those sectors that have vastly outperformed the marketplace since the March 2020 low. Fastly Inc is in the cloud computing business and has been on a tear since the all time lows that were printed in March 2020. Lets […]
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The Bovespa Index Long Term Cycles and Bullish Trend
Read MoreThe Bovespa Index Long Term Cycles and Bullish Trend The Bovespa Index has been trending higher with other world indices. Since inception the cycles have shown a bullish trend. In early years not seen on this chart it rallied with other world indices trending higher into the May 2008 highs. It then corrected the whole bullish cycle […]
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Forecasting The Bounce Higher in Soybean Futures (ZS_F)
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of ZS_F (Soybean Futures). The 4 hour chart update from August 9 shows that Soybean has ended the cycle from April 21 low as wave A at 910 high. The sub-waves of the rally unfolded as 5 waves impulsive structure. […]
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Elliott Wave View: Gold Miners (GDX) Ready to Resume Higher
Read MoreGDX ended the cycle from August 5 high as a zigzag correction. As long as August 12 low stays intact, expect dips in 3,7,11 swings to find support.