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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SPX Elliott Wave Analysis: Next Leg Higher May Have Started
Read MoreSPX short-term Elliott Wave analysis suggests that the decline to $2691.99 low ended intermediate wave (2) pullback. Above from there, the rally is taking the form of an impulse Elliott wave structure. The internal subdivision of each leg higher unfolded in 5 waves (i.e Minor wave 1, 3 and 5). On the other hand, Minor wave […]
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Elliott Wave Analysis: DAX Ready For Rally Higher?
Read MoreDAX short-term Elliott wave analysis suggests that the pullback to 6.28.2018 low ended intermediate wave (2) at 12088.56. Up from there, the rally higher to 12769.8 higher ended Minor wave 1. The internals of that rally higher took place as impulse structure with internal sub-division of 5 wave structure in Minute wave ((i)), ((iii)) & ((v)). […]
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NIKKEI: Elliott Wave Forecasting The Rally
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of NIKKEI published in members area of the website. As our members know NIKKEI has been correcting the cycle from the 3/26 low (20190). We expected price to reach extreme zone at 21994-21377 to complete […]
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Bitcoin Elliott Wave Analysis: Close to Ending 5 Waves
Read MoreBitcoin Ticker symbol: $BTCUSD short-term Elliott wave analysis suggests that the decline to $6072 low ended Minor wave 2 pullback. The internals of that pullback unfolded as Elliott wave Flat correction where Minute wave ((a)) ended in 3 swing at $6445.31 low. Minute wave ((b)) bounce ended in 3 swing at $6820 high and Minute […]