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 […]
-
RRR : Pulling Back in II Before Rally Resumes
Read MoreRed Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical sector & trades as “RRR” ticker at Nasdaq. RRR made all time low at $2.76 during global sell […]
-
Elliott Wave View: EURJPY Correcting 5 Waves Move
Read MoreEURJPY shows a 5 waves decline from April 21 peak favoring more downside. This article and video look at the Elliott Wave path.
-
GE (General Electric) Got Rejected On Earning Reports
Read MoreIn this technical blog, we will take a look at the past performance of 1 Hour Elliott wave chart of General Electric aka GE presented at elliottwave-forecast.com. In which, the stock showed a lower low sequence from January earlier this year’s peak therefore we expected more downside in GE to take place. So we advised […]
-
$UUP Can See Another High In The Longer Term Cycles
Read More$UUP Can See Another High In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a low in May 2011. The dollar index did make a pullback cycle low in May 2011 however it […]
-
Elliott Wave View: S&P 500 E-Mini Futures (ES) Near Term Rally Likely Fail
Read MoreS&P 500 E-Mini Futures (ES) is correcting cycle from March 29 peak before it resumes lower. This article and video look at the Elliott Wave path.
-
MIDD : Expect Pull Back Before Rally Resumes
Read MoreThe Middleby Corporation (MIDD) designs, manufactures, markets, distributes & services a range of food services, food processing & residential kitchen equipment in the US, Canada, Asia, Europe, Middle East & Latin America. It is based in Elgin, Illinois, comes under Industrials sector & trades as “MIDD” ticker at Nasdaq. Since February-2017, MIDD made finished larger […]