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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AT&T Elliott Wave View: Calling Bounces to Fail
Read MoreAT&T ticker symbol: ($T) short-term AT&T Elliott Wave view suggests that the bounce to 3/13 high (37.81) ended Intermediate wave (X) bounce. Below from there, intermediate Y leg lower remains in progress as a Zigzag correction. Where initial decline unfolded in 5 waves Elliott Wave Impulse Sequence with extension in Minor wave A. Which can be seen in […]
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Elliott Wave Analysis: Further Strength in USDJPY
Read MoreUSDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing corrective structure with WXY label. In the case of USDJPY, minor wave W of (4) […]
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NASDAQ Elliott Wave : Bearish Sequence Called The Decline
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ published in members area of the website. As our members know, NQ #F have had incomplete sequences in the 4H cycle , according to Sequence Report. Consequently, we advised clients to keep on selling […]
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Elliott Wave Analysis: Tesla in a Turning Area
Read MoreLatest Elliott Wave view in Tesla (TSLA) suggests that the decline from 2.27.2018 ($359.99) is unfolding as an impulse Elliott Wave structure. Down from 2.27.2018 high, Minor wave 1 ended at $322.97, Minor wave 2 ended at 347.21, and Minor wave 3 ended at $244.59. Minor wave 3 has an extension and also have 5 waves […]