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: Netflix Looking to Resume Lower
Read MoreShort Term Elliott Wave view on Netflix (Ticker: NFLX) suggests that the spike to $318.79 on October 17, 2019 ended wave ((4)). Internal subdivision of wave ((4)) unfolded as a zigzag Elliott Wave structure where wave (A) ended at 288.17, wave (B) ended at 265, and wave (C) ended at 318.79. Since then, the stock […]
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GBPNZD and GBPAUD Elliott Wave Outlook in Crucial Brexit Final Weeks
Read MoreUK Prime Minister Boris Johnson successfully negotiated a new Brexit deal with EU. However, last Saturday the Members of Parliament (MP) rejected his campaign to take Britain out of the EU by the end of the month. Mr. Johnson was instead forced to seek an extension that he had vowed never to pursue. Mr. Johnson […]
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Elliott Wave View: Nasdaq Pullback Should Continue To Find Support
Read MoreNasdaq shows a bullish sequence from August 6, 2019 low favoring more upside. Near term, while pullback stays above 7480, expect Index to extend higher.
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DAX Bullish Sequence Aims for New All Time High
Read MoreThis month, DAX broke above 7/4/2019 peak (12656.05) and even though it’s still below it’s peak seen back on 1/23/2018 (13596.89), series of higher highs from 12/27/2018 (10279.20) calls for more upside. In this blog, we will take a look at two different degrees of bullish sequences in $DAX and explain why we believe the […]