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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GBPCAD Elliott Wave View: Calling The Bounce Soon
Read MoreGBPCAD Elliott wave view in shorter cycles suggests that the decline from 3/19/2018 high 1.8417 is unfolding as a Zigzag structure in intermediate wave (W) lower. The internals of a zigzag structure unfolds with sub-division of 5-3-5 wave structure when wave A & C consists of 5 waves structure, which can be labeled as impulse […]
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How US Decision on Iran Deal May Affect Crude Oil Price
Read MoreOn Tuesday at 2 PM Eastern Time, U.S President Donald Trump is expected to announce decision whether he will withdraw from the 2015 Iran nuclear deal. Trump has long been known to criticize the 2015 accord, known as JCPOA (Joint Comprehensive Plan of Action). The deal was originally signed by Iran, the Obama Administration., Russia, […]
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FTSE Showing Impulse Elliott Wave Structure
Read MoreFTSE short-term Elliott Wave view suggests that the decline to 3/26/2018 low 6866.94 ended the cycle degree wave “b”. Above from there, the index is rallying higher in a strong Impulse Elliott Wave structure with extension in the 3rd wave. It’s important to note that an impulse structure should have internal subdivision of lesser degree 5 […]
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Elliott Wave View: Gold Entering Buying Areas
Read MoreGold short-term Elliott Wave view suggests that the rally to 4/11 high at 1365.24 ended Minor wave B. Below from there, the decline is unfolding as an impulse Elliott wave structure in Minor wave C of (B) lower. This structure forms a bigger FLAT Elliott Wave structure which starts from 1/25 peak. Internals of each leg to […]