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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Elliott Wave View: S&P 500 (SPX) Rallies as an Impulse
Read MoreThe article and video explains the short term path of S&P 500 (SPX). The Index is rallying as an impulse from Dec 26, 2018 low & can see 1 more leg higher before ending the 5 waves and do a larger pullback.
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$SPX: Who is Right? The Fed or President Trump
Read MoreThe S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There were several reasons like the trade wars with China and the political environment in the US, among others. One particular reason about President Trump got […]
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Nikkei Elliott Wave Zigzag Pattern Within February Cycle
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI . Break of February 5th peak has made the cycle from the 12.26 low incomplete to the upside. The price structure is calling for more strength toward 22214-23476 area. At this stage short term cycle […]
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GBPJPY Sellers in Control | Elliott Wave Forecast
Read MoreThis article and video explains the short term path of GBPJPY. The pair shows a 5 swing sequence from Jan 26 high, favoring further downside. The article provides the level that should not be broken if the bearish view is going to play out.