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: Hang Seng Index Correction In Progress
Read MoreHang Seng extended lower from July 7 high as double three structure. While below July 22 high, the Index can still extend lower
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$GLNCY : Glencore may be preparing for a big move
Read MoreGlencore plc is a British commodity trading and mining company. Marc Rich has founded the company 1974 which has its headquarters in Baar, Switzerland. Traded under tickers $GLEN at LSE and $GLNCY in US in form of ADRs, it is a component of the FTSE100 index. Glencore plc dominates the copper and zinc trading markets. […]
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The BEL20 Index Longer Term Swings and Cycles
Read MoreThe BEL20 Index Longer Term Swings and Cycles Firstly the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle into the May 2007 highs. From there it made a sharp correction lower that lasted until March 2009 similar to other world […]
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Elliott Wave View: Impulsive Rally in EURUSD
Read MoreEURUSD extended higher from July 1 low. While above July 20 low, expect dips in 3,7 or 11 swings to find support for further upside.