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: Selling Pressure in Oil Should Continue
Read MoreOil shows a bearish sequence from April 23, 2019 high favoring further downside. This article and video talks about the short term Elliott Wave path.
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GDX Elliott Wave View: Found Buyers in Blue Box and Rallied
Read MoreHello fellow traders. Today, I want to share some Elliott Wave charts of the GDX which we presented to our members in the past. You see the 1-hour updated chart presented to our clients on the 07/30/19. showing that GDX ended the cycle from 05/13/19 low at the peak of 07/23/19 at 28.41. Below from there, we […]
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Elliott Wave View: Rally in Nikkei Should Fail and See Sellers
Read MoreNikkei is correcting the cycle from July 25 high as a zigzag and can see sellers for more downside while rally fails in 3, 7, or 11 swing.
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Yen Surged as Safe Haven On Demand Amidst Trade War Escalation
Read MoreLast week’s tweet by president Trump to slap a new round of tariffs to Chinese goods has sparked risk aversion in the market. Trump announced that he is imposing an additional 10% tariff on $300 billion of Chinese imports beginning on September 1. Trump said the additional tariff is due to China being slow to […]