Houston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022.  After the pullback, can the rally continue? Lets take a look at their company profile: “Houston American Energy Corp  is an oil and gas exploration and production company. Our oil and gas exploration and production activities are […]

Red 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 […]

EURJPY shows a 5 waves decline from April 21 peak favoring more downside. This article and video look at the Elliott Wave path.

In 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 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 […]

S&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.