Short Term Elliott Wave View on Chesapeake Energy Corp (ticker: CHK) shows 5 waves impulsive Elliott Wave decline from November 5 high.  The bounce to $1.59 in the stock ended wave (2) as a double three Elliott Wave structure. On the chart below, we can see wave X of this double three ended at $1.33 and […]

Dow Jones Future (YM_F) rally from Oct 3 low is impulsive. The 5 waves rally should end soon & Index should pullback in 3 waves before the next leg higher.

Russell is close to break above May 6, 2019 (1621.9). A break above will open up a bullish sequence. This article & video look at the Elliott Wave path.

In today’s blog, we will recap the blog I did recently about the Vipshop stock. The stock is traded as VIPS at the NYSE. In the blog, I pointed out that Vipshop should continue its recovery after the stock lost almost 77% of its value. Starting from its February 2019 peak. The stock dropped to $4.28 […]

FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value when the ‘loonie’ strengthens and declines when the dollar appreciates. In January 2002 the USDCAD forex pair made […]

Hello fellow traders. In today’s blog, we will have a look at the CME stock. The stock is listed in the Eurostoxx SPX 500. The CME Group is an abbreviation and stands for the Chicago Mercantile Exchange, which is a global market company. While holding the largets derivatives and options exchanges in Chicago. the CME group […]