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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The BEL20 Index Long Term Bullish Trend and Cycles
Read MoreThe BEL20 Index Long Term Bullish Trend and Cycles Firstly, the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle into the May 2007 highs. From there it made a sharp correction lower that lasted until March 2009 similar to other […]
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China Stock Market Preparing New Elliott Wave Bullish Cycle
Read MoreThe trade war between USA & China had led to a global fear around the stock market and causing a mid-term “bear market” in China which lost 30% since the start of 2018. The latest plan is that the two leaders US President Donald Trump and Xi Jinping would meet for dinner on December 1 immediately after the G20 […]
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IYR Elliott Wave View: Found Buyers in Blue Box and Rallied
Read MoreHello fellow traders. Today, I want to share some Elliott Wave charts of the IYR ETF which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 11/06/18. showing that IYR ended the cycle from 10/12/18 low (75.15) at the peak of 10/30/18 (79.47) in red wave […]
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Elliott Wave Analysis: Another Dead Cat Bounce in Silver?
Read MoreThe precious metal group does not get any break in the past 7 years. The move lower has been relentless and rally has been short lived. Silver in particular has corrected 70% from the 2011 high at $50 and still has not shown any sign of serious recovery. Our short term Elliott Wave view suggests […]