Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Microsoft Stock ($MSFT).   As our members know, MSFT has been showing bullish impulsive sequences within the cycle from the March 132.66 low, calling for further rally.  Consequently we expected the Stock to find buyers in […]

British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major currencies: One of the positive developments came from the European Union’s softening stance on fishing rights. Fishing has been one of the two main stumbling […]

FTSE ended the cycle June 25 low as a double three structure. From there, the index has declined lower and resumed the correction from June 8 high.

Oil extended higher from June 25 low. As long as pullback stays above that low, expect dips to find support in 3, 7, or 11 swing for more upside.