AMD shows incomplete bearish sequence and looking for further downside. This article and video look at the Elliott Wave path.

Short term Elliott Wave view in SPY suggests the decline from 3/30/2022 high is unfolding as a 5 waves. Down from wave ((B)), wave (1) ended at 385.15, and rally in wave (2) ended at 417.44. The ETF then extends lower in wave (3) towards 362.17.  Rally in wave (4) completed at 393.16 with subdivision […]

Moët Hennessy Louis Vuitton, commonly known as LVMH, is a French multinational luxury goods company. Headquartered in Paris, LMVH was formed 1987 through a merger of the fashion house Louis Vuitton (founded in 1854) with Moët Hennessy (established in 1971). The company controls and manages 75 prestigious brands under the umbrellas of 6 branches: Perfumes […]

In this blog, we take a look at the past performance of XME charts. In which, the stock provided a selling opportunity in the blue box area.

The current situation between Russia and Ukraine has hugely affected the financial markets. The movement of many shares especially companies involved in the defense sector is proof. The US has spent a total of $ 54 billion, as an aid towards Ukraine. The US is expected to increase its defense budget in the coming years. […]

Since bottoming on March 2020 low, Silver Miners ETF (SIL) has continued to extend lower to correct the cycle from March 2020 low. The correction looks to be in the form of a double  Below is what a double three structure looks like: A double three is a 3-3-3 structure, labelled as WXY. The first […]