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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Russell Futures Forecasting The Path using Elliott Wave Theory
Read MoreRussell Futures, today dropped below 5/13/2019 peak and now showing an incomplete sequence down from 5/6/2019 peak. In this blog, we will take a look at how our recent short-term forecasts in Russell Futures have played out and what we are expecting next. Below, we can see the short-term forecast from May 14 when we […]
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XOM Reacting Lower From Elliott Wave No Enemy Area
Read MoreIn this technical blog, we will review the past performance charts of XOM & explain the no-enemy areas which are reflected as blue box areas on our Charts.
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Reserve Bank Australia Will Consider Rate Cut
Read MoreIn a speech to the Economic Society of Australia today, Reserve Bank of Australia (RBA) governor Phillip Lowe gave the strongest indication that the bank will cut cash rate in the next meeting. Dr. Lowe said that without interest rate cut, unemployment is not likely to fall much further and inflation remains low. The Australian Dollar […]
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Elliott Wave View: Oil Looking for Further Downside
Read MoreOil shows a 5 waves move from April 24 peak which gives a possibility of more downside.This article and video shows the short term Elliott Wave path.