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BAC Elliott Wave Dips Are Expected To Remain Supported
Read MoreBAC short-term Elliott wave view suggests that a decline to $25.90 low ended cycle degree wave IV pullback as a Flat correction. Up from there, the stock is expected to resume the next leg higher in cycle degree wave V or should do another extension higher from $25.90 low because the rally higher from that […]
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SPX RSI Analysis Suggests the Sky Isn’t Falling – Yet
Read MoreTo be kind, it’s been quite a challenging couple of months for the emotional health of all of us, including traders. There’s been state sponsored attempted cover-up of a murder that could threaten the geo-political environment depending upon what the strong hand of the U.S. considers toward a so called “ally”, world record lottery jackpots […]
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Elliott Wave Analysis: Further Downside Expected in EURUSD
Read MoreEURUSD has broken below Nov 1 low (1.13) and now the pair shows a 5 swing bearish sequence from Sept 24 high (1.1815), favoring further downside. Short term Elliott Wave view suggests that the move higher to 1.15 ended wave ((2)) in Primary degree. Internal of wave ((2)) unfolded as a double three Elliott Wave […]
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Palladium Bullish Elliott Wave Sequence: Buyers Awaiting Pull back
Read MorePalladium recently broke above January 2018 peak which has brought about a new wave of optimism in the commodity but is it the right time to jump into the longs or there could be a better time and levels to buy the commodity. In June 2018, Palladium was in a pull back to correct the […]