The Corona Virus has had its toll on the marketplace in general. But some select names have rallied sharply off the March 2020 lows, Penn National Gaming is one of those names.  Not only has Penn rallied from a low of 3.75 to a high of 40.46.  But it has made a new All Time […]

Nasdaq has broken above June 23 high and shows bullish sequence against June 15 low. While above June 29 high, expect dips in 3,7,11 swings to find support.

The next entry in the theme of Corona Virus stocks is iBioPharma Inc.  iBio has had a steady advance during the COVID-19 spreading worldwide.  It also remains very technical as with all other stocks. Lets take a look at what they do as a company: “iBio is an innovator biologics company developing therapeutics and vaccines […]

In this blog, we take a look at the past performance of 1 hour Elliott Wave charts of XOM In which our members took advantage of the blue box areas.

Banco Santander is the largest bank in Spain and the 5th largest bank in Europe. Traded under ticker $SAN at BMAD and NYSE, it is a component of the EuroStoxx50 and IBEX35 market indices. In particular, the weighting of 15% in the IBEX35 makes Santander the component to watch in strongly correlated markets. Indeed, IBEX35 […]

$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in the EURUSD foreign exchange pair suggests the high in April 2008 was the end of a cycle up […]