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 […]
-
$IBEX: A look at the decline in December-January
Read MoreThe chart below from 2 December 2015 shows the move up from 24 September 2015 low. It shows price reached and slightly exceeded the 50 % Fibonacci retracement (10588.89) level of the previous ruling cycle before getting rejected and turning lower. Initial decline was in 3 waves but broke the rising trend line (not shown on the […]
-
Dow Jones Real Estate Index – A Six years buying Investment coming
Read MoreDow Jones Real Estate Index measure the values of the Real Estate in the United States of America through the value of Real Estate companies. The Index, as every Global Index, has a Bullish trend and is within a double three aka WXY Elliott wave structure off the all times lows. As of now, the […]
-
$Nikkei $NKD_F Expanded FLAT Selling Opportunity
Read MoreNikkei 240 minute chart below shows the move up from September 29 2015 ( 16995 low) was a choppy and overlapping structure which showed a lot of contraction as well (see converging trend line connecting price highs and lows). We could also count 11 swings from the low to the high with momentum (RSI) divergence […]
-
$CADJPY forecasting the decline and selling the rallies
Read MoreFor the last few months Canadian Dollar is one the weakest currencies in the market. It has been constantly showing the weakness against the all other currencies and our cycle analysis were suggesting the same – furhter collapse of Canadian Dollar. At the same time Indexes were doing pull backs in weekly charts, and we were […]
-
Is it time to buy Indices yet? China may provide an answer
Read MoreGlobal Market Selloff Global Indices sold off strongly to start 2016 in a risk off sentiment. Shanghai Composite Index led the global index selloff with the catalyst being the PBOC (People’s Bank of China) setting a much weaker than expected Yuan fixing from 6.49 to 6.56 through Thursday in the first week of 2016. Below is the weekly market performance […]
-
Spanish Elections: Destabilization and Implications
Read MoreSpain’s political environment post Sunday’s National Elections has been downgraded to unstable as it was forecasted prior to the 20th of December Elections day. The political scheme now in Spain is consider fragile and it seems it is closing towards the same path as Greece and Portugal, that is into political destabilization. Our pre-elections analysis, covering the Spanish topic in brief, EURUSD in light […]