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: FTSE should extend higher after 5 waves move
Read MoreThis article and video explain the near term path for FTSE. Direction of the next move is likely higher provided it can hold the proposed invalidation level. An alternate count is also offered in case Index breaks below
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Elliott Wave View: 5 Waves Rally in Alibaba (BABA)
Read MoreAlibaba (BABA) shows what looks like an impulse move. This article and video talks about the short term Elliott Wave path for the stock. Next price target for the rally is provided as well as invalidation level and alternate view.
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Cleveland Cliffs (NYSE:CLF) Aiming for Double Digits
Read MoreCleveland Cliffs (NYSE:CLF) is an American mining company that specializes in Iron Ore. With the demand for construction steel soaring around the world and specially in China, the price of Iron Ore continues to rise which makes big miners such as CLF, BHP, Rio Tinto and Vale a major beneficiaries thanks to the high-grades of […]
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Elliott Wave View: Suggesting Continuation Lower In BABA Soon?
Read MoreAli Baba ticker symbol: BABA Elliott wave view suggests that the cycle from 6.05.2018 peak is having lower low sequence & missing the extreme areas to the downside still, which we have highlighted in our previous blog here. Below is the 4 Hour updated Chart from 1/07/2019, showing BABA having a bearish sequence tag & […]
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IYF Flat from the January 29, 2018 highs
Read MoreIYF Flat from the January 29, 2018 highs The iShares US Financials ETF, symbol IYF appears to be a flat correction lower from the January 29, 2018 highs. It has been persistent and strong enough to suggest it is correcting the bullish cycle up from the February 11, 2016 lows. At this point in time […]
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Elliott Wave View looking for SPX Rally to Fail
Read MoreShort term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended at 2520.27, wave X ended at 2443.96, and wave Y remains in progress towards 2619.58 – 2727.95 area […]