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: Gold Bounced Strongly After Brief Selloff
Read MoreShort term Elliott Wave view in Gold (XAU) suggests the rally from August 2018 low in wave III has ended at 1689.30 high. Gold then corrected that cycle in wave IV as a zig-zag. Wave ((A)) of IV ended at 1624.80 low. The bounce in wave ((B)) unfolded as a flat correction and ended at […]
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Home Depot (HD) Ending 2008 Cycle, $267 Remains Target
Read MoreThe 2009 cycle is ending across the World Indices. Many Indices show five waves already since the lows, but some have been weak since the previous peak sometimes around 2018. Indices like $FTSE, among others, are reaching the Blue Box area since 2018. The following chart shows the extreme area in $FTSE: FTSE Reaching Extreme […]
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USDCHF: Sellers defended Elliott Wave Blue Box For New Lows
Read MoreWe keep mentioning to our members are in our Social Media feeds that blue boxes shown on our charts are High-Frequency areas which are based in a relationship of sequences, cycles and calculated using extensions. When ever market gets a bit volatile like we have seen for the last couple of weeks due to Corona […]
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GOLD ( $XAUUSD ) Forecasting The Short Term Path
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD ( $XAUUSD ), published in members area of the website. As our members know, GOLD was showing incomplete sequences in the short term cycle from the 02/24 peak. The price structure was suggesting another […]