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 Downside Expected in Oil
Read MoreSince forming the high on Oct 3 at $76.9, Oil (CL_F) has dropped more than 30% in just less than 2 months. The move lower is pretty fast and short term Elliott Wave view suggests the decline is unfolding as an impulse Elliott Wave structure. Down from $76.9, Primary wave ((1)) ended at $68.47, Primary […]
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Tesla Maturing Sideways Price Action?
Read MoreTesla ticker symbol: $TSLA short-term Elliott wave view suggests that Minor wave 3 ended at $349.20 high. Down from there, a pullback to $328.50 low ended Minor wave 4. The internals of that pullback unfolded as a Flat correction. Minute wave ((a)) of 4 ended at $330.14 low in lesser degree Flat correction. Above from […]
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CADJPY Elliott Wave: Incomplete Sequence Calling Lower
Read MoreCADJPY short-term Elliott wave view suggests that a bounce to 87.00 on 11/08/2018 high ended intermediate wave (X). Down from there, the decline unfolded as double three structure where Minute wave ((w)) ended at 85.44 low as zigzag structure. A bounce to 86.35 ended Minute wave ((x)). Then a decline to 84.61 low ended Minute […]
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DAX Elliott Wave Analysis Calling Rally to Fail for Extension Lower
Read MoreDAX has broken below Oct 26 low (11051) and suggests that the Index has resumed the decline lower. We are calling the decline from July 27 high (12886.83) as a triple three Elliott Wave Structure. Decline to 11051.04 low on Oct 26 ended Intermediate wave (Y). From there, rally to 11692.91 high on Nov 2 ended […]