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Elliott Wave View: S&P 500 (SPX) Recovery in Progress
Read MoreS&P 500 (SPX) ended the cycle from Feb 20 high as 5 waves and now in recovery in 3, 7 ,11 swing. This article looks at the Ellilott Wave path.
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Elliott Wave View: Chevron ($CVX) A Bottom Is Close
Read MoreThe Energy Industry has had a some rough waters for the past few years with Chevron also participating in the rout. However, the current technicals on the chart suggest a major low is possible in 2020. Recently, a lot has happened in the oil industry, OPEC+ (which included Russia) has been all but abandoned. A […]
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American Airlines (AAL): Another Buying Opportunity
Read MoreIn this article, we will look at the American Airlines (AAL) to make sense of the recent huge volatility in the stock market. The world faces a tremendous crisis due to the pandemic created by the Corona virus. The financial markets consequently have entered a tremendous selling pressure. As it always happens, some sectors always […]
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Elliott Wave View: Ten Year Notes Remain Supported
Read MoreElliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended […]