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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CVX (Chevron) in Bullish Market Despite the General Market Selloff
Read MoreChevron Corporation (CVX) is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries. Chevron is involved in the entire spectrum of supply chain within the oil and natural gas industries from exploration, production, refining, marketing, transport, and sales. Due to […]
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Elliott Wave View: Russell 2000 (RTY) Turning Lower post FOMC
Read MoreRussell 2000 (RTY) cycle from March 29, 2022 peak is unfolding as zigzag & should see further downside. This article & video look at the Elliott Wave path.
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Elliott Wave View: Dow Futures (YM) Corrective Rally in Progress
Read MoreDow Futures (YM) cycle from April 21 high remains in progress as a zigzag. This article and video look at the Elliott Wave path.
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Chevron ($CVX) Still Powering Higher
Read MoreThe last time I covered Chevron was in March 2022. And I was expecting a larger cycle to pull back in ((4)) before resuming higher. Lets take a look at the view I was presenting back then and compare to what the market gave us. Chevron Elliott Wave view March 2022: At the time, with the […]
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$FXB British Pound ETF; Can it Bounce or Not?
Read More$FXB British Pound ETF; Can it Bounce or Not? Firstly the British Pound Sterling tracking ETF fund FXB inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is favored ended in this analysis. The British Pound Sterling has been the currency of the Bank of England since 1694. Considering that date was […]
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Elliott Wave View: FTSE Looking To Turn Lower
Read MoreFTSE is correcting cycle from March 7 low and Index can see further downside. This article and video look at the Elliott Wave path.