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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DAX Elliott Wave Analysis: Wave 3 Remains In Progress
Read MoreDAX short-term Elliott Wave view suggests that the rally from March 26.2018 low (11704) is unfolding as Impulse Elliott Wave structure. As an impulse, the internals of Minor degree wave 1, 3 & 5 should have subdivision of 5 waves impulse of lesser degree. In the case of DAX, Minute wave ((i)), ((iii)) & ((v)) are all impulsive. […]
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FTSE MIB Index – Bullish Extension Higher Started
Read MoreIn this blog, we will have a look at a European index called FTSE MIB. It is the stock market index for the Borsa Italiana. Which is traded in Italy. It has a market capitalization of around 4 Trillion €. The index consists of the 40 most-traded stocks in Italy. This index has a very interesting swing structure. Having a […]
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DAX Elliott Wave Analysis: Ending The Wave 3 Soon
Read MoreDAX Elliott Wave view in shorter cycles suggests that the rally from March 26.2018 low (11704) is extending higher in Impulse sequence with extension in the 3rd wave. It’s important to note that an impulse structure should have internal subdivision of lesser degree 5 waves impulse. And in particular, DAX’s case, Minute wave ((i)), ((ii)) and […]
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CVR Energy CVI Showing Bullish Structure
Read MoreCVR Energy (NYSE: CVI) is one of the best performing Energy stocks in the recent 2 years yielding +220% since November 2016 low. Despite the correction taking place in the stock market, CVI did manage to retrace the whole decline since January peak and it’s currently already up +7.9% year-to-date. To understand further the technical […]
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VOX Elliott Wave View: Calling For A Bounce Soon
Read MoreVanguard communication services ETF ticker symbol: VOX short-term Elliott Wave view suggests that the bounce to 88.35 on 4/24/2018 high ended cycle degree wave “b”. Below from there, the cycle degree wave “c” remain in progress as an Impulse Elliott Wave structure looking for more downside extensions. Down from 88.35 high, Primary wave ((1)) is in progress as […]
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FTSE Showing Impulse Elliott Wave Structure
Read MoreFTSE short-term Elliott Wave view suggests that the decline to 3/26/2018 low 6866.94 ended the cycle degree wave “b”. Above from there, the index is rallying higher in a strong Impulse Elliott Wave structure with extension in the 3rd wave. It’s important to note that an impulse structure should have internal subdivision of lesser degree 5 […]