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: SPX Correction in Progress
Read MoreSPX Short Term Elliott Wave view suggests that the rally to 2872.15 ended Primary wave ((3)). Down from there, Primary wave ((4)) pullback is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2818.27 and Intermediate wave (X) ended at 2839.26. Intermediate wave (Y) is in progress and while near term bounces stay […]
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Elliott Wave Analysis: Dow Future in Correction
Read MoreDow Future Short Term Elliott Wave view suggests that the rally to 26690 ended Intermediate wave (3). Down from there, Intermediate wave (4) pullback is unfolding as a double three Elliott Wave structure where Minor wave W ended at 26121 and Minor wave X ended at 26314. Minor wave Y is in progress and while near term bounces […]
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AUDUSD Forecasting Rally & Buying Dips
Read MoreIn this technical blog we’re going to take a quick look at the past Elliott Wave charts of AUDUSD published in members area of www.elliottwave-forecast.com. As our members know, AUDUSD have had incomplete bullish sequences in the cycle from the 12/08 low, suggesting further strength. Consequently, we advised our members to avoid selling the pair and […]
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Netflix (NFLX) Extending higher as an Impulse
Read MoreNetflix stock symbol: (NFLX ) Short Term Elliott Wave view suggests that the cycle from December 06. 2017 low is extending higher as an Impulse sequence with extension in Minute wave ((iii)) higher. When each leg has an internal distribution of 5 waves thus favoring it to be an impulse. These 5 waves move higher should end either […]