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: Tesla Starts Impulse Rally
Read MoreTesla soars as the company reported better than expected earnings. This article and video looks at the Elliott Wave path of the stock.
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Citigroup (NYSE: C) Impulsive Rally Extending for Year-End
Read MoreCitigroup (NYSE: C) is currently up $34 year-to-date and the stock is still aiming for further gains before year-end as the financial sector continues the recovery from last year correction. The recent impulsive rally from 10.03.2019 low allowed the stock to break above September 2019 peak which opened a bullish sequence from August low and […]
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Elliott Wave View: Netflix Looking to Resume Lower
Read MoreShort Term Elliott Wave view on Netflix (Ticker: NFLX) suggests that the spike to $318.79 on October 17, 2019 ended wave ((4)). Internal subdivision of wave ((4)) unfolded as a zigzag Elliott Wave structure where wave (A) ended at 288.17, wave (B) ended at 265, and wave (C) ended at 318.79. Since then, the stock […]
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Elliott Wave View: Nasdaq Pullback Should Continue To Find Support
Read MoreNasdaq shows a bullish sequence from August 6, 2019 low favoring more upside. Near term, while pullback stays above 7480, expect Index to extend higher.
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DAX Bullish Sequence Aims for New All Time High
Read MoreThis month, DAX broke above 7/4/2019 peak (12656.05) and even though it’s still below it’s peak seen back on 1/23/2018 (13596.89), series of higher highs from 12/27/2018 (10279.20) calls for more upside. In this blog, we will take a look at two different degrees of bullish sequences in $DAX and explain why we believe the […]
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Rallies In Lufthansa Stock Should Fail For More Downside
Read MoreHello fellow traders. In today’s blog, we will recap a blog I did last month about Lufthansa. In that blog, I talked about the reasons why the stock should remain weak in the coming weeks and months. Of course, we need to understand that the market never moves in one straight line. There will be […]