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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The Federal Reserve On Hold Despite Pressure to Cut
Read MoreSummary The Federal Reserve shows no bias to hike nor cut interest rate. Fed Chairman Jerome Powell believes subdued inflation is “transitory”. U.S. stocks fell and the Dollar strengthens as odds of a rate cut drops. Technical Analysis using Elliott Wave suggests U.S. Dollar should continue to strengthen. The Federal Reserve has concluded its 2 […]
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Gold Elliott Wave View: Showing Impulsive Decline
Read MoreGold cycle from 2/20/2019 peak is showing incomplete structure to the downside favoring more weakness towards $1258.18-1242.45 area lower. This article & video talks about the short term Elliott Wave path in the metal.
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Near Term Sequence Analysis of XME Projects Lower Prices
Read MoreS&P Metals & Mining ETF, XME In the immediate term price action for XME we’re seeing an interesting setup that is projecting more lows to come. At EWF we use a proprietary pivot and cycle analytical method that combines with Elliott wave analysis. 5.1.2019 Post Market Chart For a look at how we got to […]
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Further Rally Expected in Semiconductor ETF SMH
Read MoreVanEck Vectors Semiconductor ETF (SMH) tracks a market-cap-weighted index of US-listed semiconductors companies. Such companies include big technology names like Intel (INTC: NASDAQ) and Nvidia (NVDA: NASDAQ). The ETF is currently up +30% year-to-date making new all time highs and leading the move among few other instruments. For this article, we’ll be taking a look at the […]