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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Elliott Wave View: S&P 500 E-Mini Futures (ES_F) Extends Higher
Read MoreS&P 500 E-Mini Futures (ES_F) broke above last week’s high at 2635.75 and shows incomplete sequence from 3.23 low, favoring further upside in near term. Short Term Elliott Wave suggests the rally from 3.23 low (2174) is unfolding as Elliott Wave zigzag structure. Up from 3.23 low, wave ((A)) ended at 2634.5. Internal of wave […]
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The $UUP Bullish Cycles from May 2011 Lows
Read MoreThe $UUP Bullish Cycles from May 2011 Lows Firstly the dollar tracking ETF fund $UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The $UUP ETF fund shows a low in May 2011. The dollar index did make a pullback cycle low in May 2011 however it was well […]
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Expedia: The Stock Shows Classic Elliott Wave Pattern
Read MoreExpedia is showing a well-defined Elliott Wave pattern across the market place. The Elliott Wave Principle is a form of technical analysis which we use to analyze price action and forecast the future path. Ralph Nelson Elliott proposed that market prices unfold in specific patterns which alternate between impulsive and corrective phase. The most popular structure […]
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Intel ($INTC): Strength before more weakness
Read MoreIntel is a very important component for the Semiconductor industry. It is the #2 holding in in both the SOXX ETF, and the SMH ETF. With such a strong weighting in the overall sector, it has much influence over the direction of the industry as a whole. Most recently, Intel has declined with the broad […]
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Elliott Wave View: Dow Jones Futures (YM_F) Can See Further Strength
Read MoreDow Jones Futures (YM_F) is correcting cycle from Feb 13 high as a zigzag. This article and video looks at the Elliott Wave path.
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$FP : Pattern of Total stock can be the key for investors
Read MoreTotal SA is traded under tickers $FP @ Euronext and $TOT @ NYSE. It is of particular interest today as the world indices are dropping in a straight down mode. Hereby, Total may provide clues to identify the turning point in indices as it shows a pattern with the textbook quality. Since stocks are always bullish […]