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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AUDUSD: 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 AUDUSD published in members area of the website. As our members know, AUDUSD has incomplete bearish sequences in the cycle from the January 2018 peak. Price structure suggests that the pair is targeting 0.6938 area as […]
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Another Leg Lower Can Enter OIL Into Buying Area?
Read MoreOIL ticker symbol $CL_F short-term Elliott wave view suggests that a rally to 76.89 high ended the cycle from 8/15/2018 low in intermediate wave (1). The internals of that rally higher unfolded in a corrective structure thus suggests the instrument can be doing ending diagonal structure in primary wave ((5)) higher. Down from there, intermediate […]
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Facebook Elliott Wave View: Found Sellers in Blue Box Area
Read MoreIn this blog, I want to share some short-term Elliott Wave charts of the Facebook stock which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 09/27/18 indicating that FB ended the cycle from 8/07/2018 peak low in black wave ((1)). The internals of that move […]
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SPX Another Selling Can Enter Index Into Buying Area?
Read MoreSPX short-term Elliott wave view suggests that a rally to $2941.42 high ended primary wave ((2)) bounce. Down from there, primary wave ((C)) remain in progress as impulse structure. Where initial decline to $2912.63 low ended Minute wave ((i)). A bounce to $2939.86 high ended Minute wave ((ii)). A decline to $2883.92 low ended Minute […]