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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BABA Forecasting The Rally From The Blue Box
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA Stock published in members area of the Elliottwave-Forecast . As our members know, BABA is showing incomplete sequences in the cycle from the December 2018 low (129.61). Break above 3rd May peak made higher […]
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Shopify (NYSE: SHOP) New All time Highs on the Horizon
Read MoreShopify (NYSE: SHOP) surged higher this year after a strong Breakout of a Bullish Flag which allowed the stock to rally almost 200%. Despite the 40% correction that took place since August, SHOP managed to recover and it’s currently retesting the previous peak aiming for a break to new all time-highs. The short term cycle taking […]
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CVX (Chevron) Getting Ready for a Rally
Read MoreSimilar to most instrument within the energy sector, Chevron (ticker: $CVX) is trading sideways to lower since the peak on 04.08.2019. $CVX is showing a five waves advance since the lows at $69.65, which happened on 08.24.2015. This low is also the same low in Crude Oil, which we believe ended the Grand Super cycle […]
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World Indices Up and Running
Read MoreAs we have anticipated and communicated in every opportunity, world indices keep trading into new all-time highs. They should still continue to extend in years to come. It is easy to try picking the tops after the rally since 2009 by looking for completion of five waves and pointing at the momentum divergence. At EWF, […]
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Elliott Wave View: Bullish Outlook in Alibaba
Read MoreElliott Wave view in Alibaba ($BABA) suggests that stock rallies as a 5 waves impulsive Elliott Wave structure from August 5, 2019 low. On the 1 hour chart below, we can see wave 3 of this impulse ended at 202.71. Stock then pullback in wave 4 on December 3, 2019 low at 189.88. Stock has […]
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$YM_F ( Dow Futures) Elliott Wave: Forecasting The Rally From Blue Box
Read MoreIn this blog, we take a look at the past performance of 1 hour Elliott Wave charts of $YM_F. In which our members took advantage of the blue box areas.