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Trade War Escalation Put Selling Pressure to S&P 500 (SPX)
Read MoreLast week, there was anticipation of market volatility as the Fed’s Chairman Jerome Powell was scheduled to speak at Jackson Hole. President Trump and China however stole the show. China introduced fresh retaliatory tariffs on $75 billion of U.S. imports, targeting politically sensitive products. President Trump immediately responded. Trump announced in twitter the existing 25% […]
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Elliott Wave View: Netflix Structure Looking Further Downside
Read MoreNetflix shows an incomplete bearish sequence favoring more downside while rally fails below Aug 9 high in 3, 7, 11 swing.
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German Daimler AG Stock Under Serious Pressure, Whats Next?
Read MoreHello fellow traders. In today’s blog, we will have a look at the Daimler AG stock. The stock is listed in the DAX 30 and in the EURO Stoxx 50. Daimler AG is a German multinational automotive company which has its Headquarter in Stuttgart Germany. Daimler AG is one of the biggest car manufacturers in the […]
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Elliott Wave View: Nikkei Looking for More Downside
Read MoreNikkei’s rally from Aug 6 low looks corrective. This article & video talks about the short term Elliott Wave path and why the rally is expected to fail.