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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German Daimler AG Stock Under Serious Pressure, Whats Next?
Read MoreHello fellow traders. In today’s blog, we will have a look at the Daimler AG stock. The stock is listed in the DAX 30 and in the EURO Stoxx 50. Daimler AG is a German multinational automotive company which has its Headquarter in Stuttgart Germany. Daimler AG is one of the biggest car manufacturers in the […]
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Elliott Wave View: Nikkei Looking for More Downside
Read MoreNikkei’s rally from Aug 6 low looks corrective. This article & video talks about the short term Elliott Wave path and why the rally is expected to fail.
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Elliott Wave View: Rally in Facebook is Corrective
Read MoreStructure of Facebook rally from Aug 6 low is corrective and unfolding as a double three Elliott Wave structure before the decline resumes.
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FCX Found Sellers In 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 FCX, published in members area of the website. As our members know, FCX has incomplete bearish sequences in the cycle from the 12.16 ( July 24th) peak. Consequently, we advised members to avoid buying the […]
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GLD Longer Term Cycles and Elliott Wave Analysis
Read MoreGLD Longer Term Cycles and Elliott Wave Analysis Firstly the GLD ETF fund is one of the largest as well as one of the oldest Gold tracking funds out there since it’s inception date of November 18, 2004. From there on up into the September 2011 highs it ended a larger bullish cycle as did […]
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Inverted Yield Curve and What It May Mean to the Indices
Read MoreLast week, traders got spooked by the yield curve inversion of the most closely watched 2 year vs 10 year bonds. Yield curve inversion between 2 year and 10 year bond is a powerful predictor of recession. The 2-10 yield curve inversion preceded the past seven recessions from 1969. This means that the interest rates […]