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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USDNOK Buying The Elliott Wave Blue Box Areas
Read MoreIn this technical blog, we take a look at the past performance of 1 hour Elliott Wave charts of USDNOK, which our members took the advantage of blue boxes.
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GLD Longer Term Cycles and Elliott Wave Analysis
Read MoreGLD Longer Term Cycles and Elliott Wave Analysis Firstly the GLD ETF fund is one of the largest as well as one of the oldest Gold tracking funds out there since it’s inception date of November 18, 2004. From there on up into the September 2011 highs it ended a larger bullish cycle as did […]
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Inverted Yield Curve and What It May Mean to the Indices
Read MoreLast week, traders got spooked by the yield curve inversion of the most closely watched 2 year vs 10 year bonds. Yield curve inversion between 2 year and 10 year bond is a powerful predictor of recession. The 2-10 yield curve inversion preceded the past seven recessions from 1969. This means that the interest rates […]
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Elliott Wave View: Bitcoin (BTCUSD) Looking for Larger Correction
Read MoreShort term Elliott Wave View on Bitcoin (BTCUSD) shows the rally to 12336.88 on August 6, 2019 ended wave ((X)). The crypto currency declines from there and the structure is unfolding as an impulse Elliott Wave structure. Down from 12336.88, wave 1 ended at 11532, wave 2 ended at 12145.42 and wave 3 ended at […]