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: Dow Jones Futures Ending 5 Waves Rally
Read MoreDow Jones Future (YM_F) rally from Oct 3 low is impulsive. The 5 waves rally should end soon & Index should pullback in 3 waves before the next leg higher.
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Elliott Wave View: Bullish Outlook in Russell
Read MoreRussell is close to break above May 6, 2019 (1621.9). A break above will open up a bullish sequence. This article & video look at the Elliott Wave path.
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Chinese Vipshop Stock Reached Extreme Area, Whats next?
Read MoreIn today’s blog, we will recap the blog I did recently about the Vipshop stock. The stock is traded as VIPS at the NYSE. In the blog, I pointed out that Vipshop should continue its recovery after the stock lost almost 77% of its value. Starting from its February 2019 peak. The stock dropped to $4.28 […]
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FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave
Read MoreFXC Canadian Dollar Trust Long Term Cycles & Elliott Wave Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value when the ‘loonie’ strengthens and declines when the dollar appreciates. In January 2002 the USDCAD forex pair made […]
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CME Group Daily Analysis: More Upside To Come
Read MoreHello fellow traders. In today’s blog, we will have a look at the CME stock. The stock is listed in the Eurostoxx SPX 500. The CME Group is an abbreviation and stands for the Chicago Mercantile Exchange, which is a global market company. While holding the largets derivatives and options exchanges in Chicago. the CME group […]
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Elliott Wave View: Nike Looking for Further Correction
Read MoreNike decline from Oct 23 high looks impulsive and the stock can see more downside. This article & video looks at the Elliott Wave path.