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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Trade War Escalation Put Selling Pressure to S&P 500 (SPX)
Read MoreLast week, there was anticipation of market volatility as the Fed’s Chairman Jerome Powell was scheduled to speak at Jackson Hole. President Trump and China however stole the show. China introduced fresh retaliatory tariffs on $75 billion of U.S. imports, targeting politically sensitive products. President Trump immediately responded. Trump announced in twitter the existing 25% […]
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Elliott Wave View: Netflix Structure Looking Further Downside
Read MoreNetflix shows an incomplete bearish sequence favoring more downside while rally fails below Aug 9 high in 3, 7, 11 swing.
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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 […]