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: Rally in Amazon (AMZN) Can Fail
Read MoreShort term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (A) ended at 1709.22, wave 4 of (A) ended at 1755.6, and wave 5 of (A) ended […]
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Yen Crosses Reaching Extremes. Are They Ready For A Bounce?
Read MoreIn this blog, we would take a look at some Yen crosses to gather the bigger picture and also get an idea of whether they are ready for a bounce or there would be more downside before the bounce occurs. We would also look at long-term Elliott Wave sequences two Yen crosses to explain what […]
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Elliott Wave View: Further Downside in Netflix
Read MoreNetflix shows a 5 waves impulse Elliott Wave structure from Sept 18 high. As far as the bounce stays below there, the stock can see further downside.
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FXY Longer Term Cycles & Elliott Wave
Read MoreFXY Longer Term Cycles & Elliott Wave Firstly the FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back into the longer term 1970’s time frame available for the currency cross rate in the USDJPY. The foreign […]