After repeated rebuke by President Trump, the Fed has completely capitulated. Following the two-day meeting, the Fed has scaled back their projected interest rates rise to zero this year. This reflects the concern about slowing economic growth, global market uncertainty, financial market volatility, and muted inflation. Below is Fed Chairman Jerome Powell’s press release Powell: […]

Apple is in the process of correcting the decline from October 3, 2018. This article and video provides the short term Elliottwave path and target.

XLK Pattern Suggests New Highs on the Horizon After a 24.5%, 7-wave, decline from the $76.27 peak of 10/3/2018, XLK appears to be showing signs of a bottom. This technology ETF, XLK, is now showing a clear 5 wave impulse from the 12/24/2018 lows which we are labeling as Super Cycle degree wave (IV). The […]

Nifty is retesting the 2018 high and looking to break above it. This article and video explains the Elliott Wave path and also the alternate view.