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 Micex Index Long Term Bullish Trend and Cycles
Read MoreThe Micex Index Long Term Bullish Trend and Cycles The Micex index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December 2007 highs. It made a sharp correction lower in 2008 that lasted until October 2008 similar to other world indices. That is […]
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AAPL Elliott Wave View: Ready For Wave 5 Higher?
Read MoreAPPLE ticker symbol: AAPL short-term Elliott wave view suggests that the rally to $229.67 high ended intermediate wave 3 higher. The internals of that rally higher unfolded as impulse structure with the sub-division of 5 waves structure in it’s each leg higher. Down from $229.67 high, the instrument did a 7 swing pullback & completed […]
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Is the $SPX rally really based on the Presidential Economic Agenda(s) or is the rally purely Technical?
Read MoreSince the latest major US elections, a lot of fuss (mainly via Twitter and various “MAGA” rallies) has been made over how President Trump’s economic agenda(s) produced the current leg of the rally in the American equity indices. And how the tax cuts have accelerated the current rally. We, at elliottwave-forecast.com, we disagree with the idea. […]
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GBPUSD Elliott Wave Analysis: Calling Further Upside
Read MoreGBPUSD short-term Elliott Wave analysis suggests that the rally from 8/15/2018 low at 1.2660 to 1.3042 high ended Minor wave 1. The internals of that rally higher took place in 3 wave corrective sequence i.e double three thus suggesting that the pair can be doing a Leading diagonal structure. Up from 1.2660 low, the initial […]