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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CHK Incomplete Bearish Sequences Calling The Decline
Read MoreHello fellow traders. In this technical blog we’re going to take a look at the charts of Chesapeake Energy Corporation Stock CHK published in members area of the website. As our members know CHK has had incomplete sequences in the cycle from the April 8th peak (3.57). Consequently , we advised clients to avoid buying […]
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Elliott Wave View Calling for Pullback in USDJPY
Read More$USDJPY shows impulsive move from 4.25.2019. Bounce is expected to fail for further downside.This article & video shows the short term Elliott Wave path.
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Chinese Yuan Looking For Further Weakness Against US Dollar
Read MoreThe Yuan (CNY) is the basic unit of the Renminbi which represents the official currency of the People’s Republic of China. The ongoing trade war between China and United States is affecting the economy for both country and the recent tension caused by U.S. Tariffs could be the trigger of more weakness in Yuan. China’s currency had appreciated 30% against the U.S. […]
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Elliott Wave View: Nasdaq Looking to Turn Lower
Read MoreNasdaq is correcting cycle from April 25 peak in 3, 7, or 11 swing but it’s expected to turn lower. This article & video explains the short term Elliott Wave path.