In this blog, we will look at how we warned members that rally in ES_F (E-mini S&P 500 futures) last week from April 17 low to April 21 peak was nothing more than a corrective bounce because drop to a new low on April 17, 2022 was in 3 waves and Russell Futures didn’t make […]

Morgan Stanley has been considerably been climbing for the past decade without any financial crashes and economical issues affecting it to a point that it has interferred within it’s bullish cycle. We have been eyeing this up recently, considering all stocks and indices have been correcting – this gave us a good opportunity to eye […]

Hello Fellow Traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of AMD stock published in members area of the website. As our members know AMD is trading within the cycle from the 11/30 2021 peak that potentially having a form of Elliott Wave Double Three structure. […]

There is a big difference between a methodology that underpins your analysis and having a simple trading strategy which just tells you when to get in and when to get out. If a trader just has the latter, then your journey can be a bit difficult. There are two sides to trading. There is the […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website.  As our members know, we’ve been favoring the long side in the commodity. Recently  GOLD ( $XAUUSD ) made a pull back that has had a form […]

There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed in 1978 by J. Welles Wilder. The RSI is in the form of an oscillator from 0 to 100. Traditional interpretation suggests RSI of 70 or above signifies overbought condition. Meanwhile, RSI of 30 or […]