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 Analysis: Further Weakness Expected in USDJPY
Read MoreShort term Elliott Wave view in USDJPY suggests that cycle from 11/12 peak (114.21) remains in progress as a double three Elliott Wave structure. Down from 114.21, Minute wave ((w)) ended at 112.27 and Minute wave ((x)) bounce ended at 114.03. Internal of Minute wave ((x)) unfolded as a zigzag Elliott Wave structure where Minutte […]
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G20 Meeting Produces Trade War Truce between US and China – Will it last?
Read MoreDuring the dinner meeting at G20 summit in Buenos Aires last weekend, the U.S. and China agreed to suspend new tariffs for 90 days. The market reacts positively with stock market rallying around the world, creating a risk on environment for potential Santa Claus rally in December. However, has a real significant breakthrough made during […]
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BABA Forecasting The Rally & Buying The Dips
Read MoreHello fellow traders. Another instrument that we have been trading lately is BABA Stock from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA, published in members area of the website. As our members know, BABA has been correcting larger cycle from the 59.5 […]
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ZW #F Wheat Futures Reacted Lower from Blue Box
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Wheat Futures, published in members area of The Website. As we can see at the charts below, ZW #F is doing short term recovery against the 521’0 peak, labelled as wave X red . Proposed short […]