Last year, our live trading room provides 69% return annually across the 3 groups that we cover. In Live Trading Room, we scan the market everyday to find any tradable setup. We believe every serious traders need to have a good trading system with specific rules. A complete system must include the following: 1. Conditions […]
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Energy Stocks of XLE Remain Bullish in the Near Term
Read MoreThe Energy Sector ETF, XLE, remains bullish in the near term. From the lows of $53.25 on 12/24/2018 we are charting a zigzag Elliott wave pattern. The target to the upside is $72.25 while the $61.30 low of 1/23/2019 holds. The Model of the Elliott Wave Pattern ZigZag patterns always subdivide into three waves. […]
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Elliott Wave Hedging Suggests More Upside in CHK
Read MoreChesapeake Energy Corp’s (NYSE: CHK) most recent price action suggests the stock may be poised for a comeback in 2019. Beaten down to prices not seen since 2016 CHK is now tracing out what appears to be an impulsive five swing Elliott wave sequence from $1.71. Elliott wave hedging strategies used by us here at […]
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Elliott Wave Analysis: Forecasting And Selling the Decline In XLY
Read MoreIn this blog, I want to share with you some Elliott Wave charts of XLY ETF which we presented to our members last month. You see the 1-hour updated chart presented to our clients on the 12/18/18. XLY had a Bearish sequence suggesting more downside at that time. XLY ended the cycle from 12/12/18 peak in red wave […]
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Elliott Wave View: High Frequency Box Suggested XLI Selloff
Read MoreToday, we will have a look at Elliott Wave charts of XLI which we presented to our members in the past. You see the 1-hour updated chart presented to our clients on the 12/19/18. XLI had a Bearish sequence suggesting more downside. XLI ended the cycle from 12/11/18 peak in red wave A at 12/17/18 low (65.51). Above […]
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A Break to the Downside Coming After a Triangle Tests Patience of BITCOIN Traders
Read More“Patience is bitter, but its fruit is sweet.” – Aristotle There are times in this business of trading that require a great deal of patience. In the world of Elliott wave analysis there is perhaps no other test of one’s patience than that of a triangle. Right now we project that a Minor degree wave […]
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Bitcoin Elliott Wave View: Reacting lower From Blue Box
Read MoreIn this blog, I want to share some short-term Elliott Wave charts of Bitcoin which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 11/06/18 showing Bitcoin in an Elliott wave Tringle structure in red wave B pullback. Bitcoin ended the cycle from 10/15/18 peak in […]