Every 4 years the elections arrive in the United States, the performance of the most important health indicator of the financial markets, such as SP500, is reviewed again. In recent years the SP500 has been well above other indices worldwide like the DAX or the FTSE. That leads us to think about the importance of […]

Another blog on a great looking Energy producer.  Yes, this sector has been under a strong bearish trend.  But, there are some names that have better structures than others.  Penn Virginia Corp chart has a great technical chart.  As with the MTDR Blog I did a few weeks back, I am going to compare PVAC […]

$FXY Longer Term Elliott Wave Cycles Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back into the longer term 1970’s time frame available for the currency cross rate in the USDJPY. The foreign exchange […]

ASX 200 has reached 100% in 3 swing from Oct 19 peak and can see support for 3 waves bounce at least. This article and video look at the Elliott Wave path.

Drawing The Blue Box in the Russell In the London updated, the Russell showed possible flat correction to complete the wave (2). That is because wave B reaction was strong near to the level of (1), classic movement for a flat structure and we looked for 3 or 5 swings down as an impulse to […]

Nokia is a Finnish multinational telecommunications, consumer electronics and information technology company. Founded 1865, it is headquartered in Espoo, Finland. Investors can trade it under the ticker $NOKIA at Nasdaq Nordic OMX and at Euronext Paris. The company is a part of Euro Stoxx 50 (SX5E) index. Also, one can trade Nokia under the ticker $NOK […]