$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 […]

FTSE is correcting cycle from March 7 low and Index can see further downside. This article and video look at the Elliott Wave path.

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 […]