A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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$NI225-Nikkei futures (10.22.2013)
Read MoreAnother push higher to 14843 could be seen to complete an extended (( v )) and A. After that Index should pull back in 3 waves toward 14250 – 14300 area and resume the rally. We don’t like selling the Index and strategy remains to buy the dips in 3, 7 and 11 swings after […]
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$NI225 (Nikkei) 10.21.2013
Read MoreAnother push higher to 14843 could be seen to complete Ending Diagonal wave (( v )) and A. After that Index should pull back in 3 waves toward 14250 – 14300 area and resume the rally. We don’t like selling the Index and strategy remains to buy the dips in 3, 7 and 11 swings […]
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$Nikkei futures (10.17.2013)
Read MoreWave (( a )) has completed so expect a corrective pullback toward 14200 – 14250 area from where the Index should turn higher again. We don’t like selling the Index into the pullback and strategy remains to buy the dips in 3, 7 and 11 swings.
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$Nikkei futures (10.16.2013)
Read MoreWave ( B ) has ended as a FLAT. Expect more upside toward 14650 14700 area to complete a 5 wave move up from 13750. After that, Index should pull back in 3 waves in wave (( b )) before turning higher again We don’t like selling the Index into any proposed pullbacks and strategy […]
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$Nikkei futures (10.7.2013)
Read MoreIndex appears to be completing wave ( B ) as a FLAT which can still test 13709. As Index avoids aggressive weakness below this level, expect it to turn higher. Break above 14160 will confirm wave ( B ) low is in place.
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IBEX (Spain 35) 9.30.2013
Read MoreWave A high is in place. While below 9301, expect more downside ideally toward 8788 which will offer a buying opportunity in the Index. Hourly cycles are positive and hence we don’t like selling the pair Index. Strategy remains to buy the dips in 3, 7 and 11 swings. If you would like to receive […]