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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Australian Dollar Extends Weaknesses
Read MoreAustralian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now risen 0.3% since February. The official number has raised speculation that further interest rate cut will come. RBA (Reserve Bank of Australia) has been fighting […]
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American Express (NYSE: AXP) – Right side of the Market Remains Bullish
Read MoreAmerican Express (NYSE: AXP) is an American multinational financial services corporation that was founded in 1850. Since it’s IPO back in the seventies, AXP rallied in an initial Elliott Wave 5 waves impulsive structure which ended in 2000 with the Dot Com Bubble as a wave ((I)). In the following years, the stock did a huge Flat as […]
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Elliott Wave View: Apple (AAPL) Has Started Correction
Read MoreShort Term Elliott wave view in Apple (AAPL) is calling the decline to 170.44 on June 4 as wave I. Wave II bounce is currently in progress to correct cycle from June 4 low as a zigzag Elliott Wave structure. Up from 170.44, Wave ((A)) of II has ended at 196.79 as a 5 waves […]
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Elliott Wave View: Dow Jones Futures Correction to Find Buyers
Read MoreDow Jones Futures (YM_F) shows 5 waves up from June 3 low favoring more upside. This article & video shows the short term Elliott Wave structure.