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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Strong NFP Report Tempers Fed’s Rate Cut Expectation and Boosts US Dollar
Read MoreJobs report for the month of June came above the expectation, tempering the hope of a Fed’s rate cut. June NFP (Nonfarm Payroll) rebounded to 224,000 after a disappointing 72,000 May figure. Unemployment rate increased to 3.7% while average wage gains increased less than expected at 3.1%. The gain however might not be enough to […]
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Tesla Elliott Wave Analysis Calling The Rally From Blue Box
Read MoreToday, I want to share some Elliott Wave charts of the Tesla stock which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 06/30/19. Tesla short-term cycle ended in a black wave ((1)). Below from there, we advised members that it should see the equal […]
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Elliott Wave Analysis: XLF Sector Rallying from Blue Box Target
Read MoreWelcome traders. In this technical analysis we will look at a couple of XLF sector charts. This will show you how profitable and efficient it can be to trade with our philosophy and basic Elliott Wave application. We start on June 23rd with a 30-minute chart presented to our members. At the time, we maintain […]
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Elliott Wave View: AUDUSD Strength Should Resume
Read MoreAUDUSD is correcting the rally from June 18, 2019 low in a Flat structure. This article and video show the Elliott Wave path.