Bank of America (BAC) shows bearish sequence from January 2022 high favoring further downside. This article and video look at the Elliott Wave path.

MTU Aero Engines AG is a German aircraft engine manufacturer. It develops, manufactures and provides service support for civil and military aircraft engines. Founded in 1934 and headquartered in Munich, Germany, it can be traded under the ticker $MTX at XETRA in Frankfurt. MTU is a part of DAX40 index. In the initial article back in April […]

Materials-sector companies are involved in activities such as mining, producing refined metals, and manufacturing chemicals. Their products are effective building blocks used in developing a variety of goods. Examples of such products are steel, which is used to create buildings, fertilizers are used to grow food, and coal which is used for energy production. List […]

Large-cap stocks are typically mature companies with moderate to high growth prospects. Investors seeking high growth potential may prefer to invest in smaller companies at the lower end of the market cap range. CATEGORY MARKET CAPITALIZATION Micro-cap companies Less than $300 million Small-cap companies $300 million to $2 billion Mid-cap companies $2 billion to $10 […]

FTSE ended cycle from 3.16.2020 low with wave I at 8047.06. The Index is now in the process of correcting this 3 year rally in wave II. The internal subdivision of wave II is unfolding as a zigzag Elliott Wave structure. A zigzag structure is a 5-3-5 structure with ((A))-((B))-((C)) as the label. Wave ((A)) […]

Gold Miners Junior (ticker: GDXJ) should finish the correction to the cycle from September 2022 low sometimes this year and resumes higher. At this stage, there’s still no strong confirmation whether the correction has ended thus we still can’t rule out another leg lower to end the correction before the ETF finally extends higher. Below […]