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 Suggest FTSE Close To Reaching Extreme
Read MoreFTSE short-term Elliott wave view suggests that the cycle from 12/27/2018 low is unfolding as elliott wave zigzag structure & soon should be reaching its extreme area at 7191.16-7473.95 expecting more downside or 3 wave reaction lower at least.
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Elliott Wave View Suggest More Upside in General Electric
Read MoreGeneral Electric short term Elliott wave view suggests that the rally from 12/11/2018 low is unfolding as zigzag structure & missing the extreme favoring more upside still.
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Energy Stocks of XLE Remain Bullish in the Near Term
Read MoreThe Energy Sector ETF, XLE, remains bullish in the near term. From the lows of $53.25 on 12/24/2018 we are charting a zigzag Elliott wave pattern. The target to the upside is $72.25 while the $61.30 low of 1/23/2019 holds. The Model of the Elliott Wave Pattern ZigZag patterns always subdivide into three waves. […]
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SPY : More Volatility to Come Due to the Market’s Nature
Read MoreOur observations of the ETF, SPY, on the monthly chart have us expecting a spike in Volatility. The inherent bullish nature of the Market calls for advances (motive waves) as trends and pullback (corrective waves) as countertrend. To add to that nature, Elliott Wave Theory always suggests one of the 3 motive waves within an […]