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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NASDAQ Reacting Lower From Elliott Wave Equal Legs Area
Read MoreIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of NASDAQ ticker symbol: $NQ_F. In which, the decline from 13 December 2022 high ended 5 waves in an impulse sequence and showed a lower low sequence in a lower time frame charts. Therefore, we knew that the […]
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Elliott Wave Forecasts Rally in Nasdaq (NQ) to Fail for Further Downside
Read MoreNasdaq (NQ) rally likely fails in 3, 7, 11 swing for further downside against 12.13.2022 high. This article and video look at the Elliott Wave path.
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$POWW : How Close Can Be Bottom in Ammo Incorporated?
Read MoreAmmo Incorporated is an U.S. American defense company producing high-quality ammunition. The company owns STREAK (R), HyperClean and military ammunition technologies. Headquartered in Scottsdale, Arizona, USA, Ammo can be traded under the ticker $POWW at Nasdaq. In the article from October 2021, we have expected a 3rd swing within a correction from June 2021 to see a […]
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AMX: Should It Be Ready For Next Rally ?
Read MoreAmerica Movil, S.A.B. de C.V. (AMX) provides telecommunication services in Latic America & internationally. The company offers wireless & fixed voice services, including local, domestic & international long-distance services & network interconnection services along with data services. It is based in Mexico, comes under Communication services sector & trades as “AMX” ticket at NYSE. As […]
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VISA (V) Completed A Double Correction And Rally
Read MoreVisa Inc. (V) is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world’s most valuable companies. VISA (V) Daily Chart From September 2022 Visa (V) ended an important market cycle in July 2021 that started in March 2020. The rally reached […]
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$XLY Forecasting the Decline and Selling The Rallies at Blue Box
Read MoreHello Everyone! In this technical blog, we are going to take a look at the Elliott Wave path in Consumer Discretionary ETF ($XLY). We keep telling members that $XLY is showing an incomplete bearish sequence in the higher timeframes and any rallies can be sold in 3 or 7 swings at blue boxes for more downside. […]