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Last week, the US general election took place. The whole world was in the edge about the results. Many headlines have happened since November 3rd. We have been waiting for four days until finding a result that the current president still does not accept. Traders have been at the edge and stay in front of […]
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$ENI and $BP Stocks Help Locating Bottom in Energy Sector
Read MoreOil has found its bottom in April 2020. From the lows, it is extending higher and should become even more expensive in the coming years. Similarly, indices have found an important bottom in March 2020. From the lows, world indices like S&P500 and Nikkei have managed to break to new all-time highs. The mighty Energy […]
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XOM Found Buyers At The Blue Box Equal Legs Area
Read MoreAnother instrument that we have been trading lately is Exxon Mobil Corporation ( $XOM ) from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of $XOM, published in members area of the website. As our members know, XOM has been showing incomplete impulsive sequences from […]
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Bank Of America ($BAC) Cashes Higher After a Ranging Pause
Read MoreBank of America ended a movement in ranges that had been in place since June, after a slight recovery from the drawdown in March due to COVID-19. The global capital markets woke up stimulated with a strong risk appetite on November 9th, this made that stocks such as Bank of America could come out of […]
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Elliott Wave View: Pullback in Dow Futures (YM) Should See Buyers
Read MoreDow Futures (YM) has broken to all-time high and should continue to find support in 3, 7, 11 swing. This article and video look at the Elliott Wave path.
