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 […]
-
$SPX: The Index Within Areas Where The Hedging Is Calling a Pullback
Read MoreThe $SPX trend is to the upside but the Index ended the cycle from 2.2016 and like every other Index, it is correcting that cycle. In Elliott Wave Theory, corrections run in the sequences of 3-7-11 swings and consequently trading against the main trend which is to the upside is always risky. We do understand […]
-
Elliott Wave Analysis: Calling The Double Correction In Russell
Read MoreIn this blog, I will show you some short-term Elliott Wave charts of Russell which we presented to our members in the past. Down below, you see the 1-hour updated chart presented to our clients on the 04/11/18 calling for more upside in a Double Elliott Wave correction in red W-X. Russell ended the cycle from […]
-
Elliott Wave Analysis: TASI (Tadawul All Shares) Calling Strength Higher
Read MoreTASI (Tadawul All Shares) an index from Saudi Arabia Elliott Wave Analysis suggests that the cycle from 11/21/2017 is showing higher high sequence. Calling for more upside extension towards 8259.82-8484.56 area next before it ends that cycle and starts the pullback. So now let’s take a look at the shorter cycles from February 11.2018 low. Which showed […]
-
Stocks Short Term Elliott Wave Bounce is Purely Technical
Read MoreStocks and ETFs follow the same code in the market same as the rest of financial instruments like Forex. Every 5 waves impulsive structure is followed by a technical corrective sequences which come in 3-7-11. At the end of the corrective sequence, usually the instrument will resume the move within the main trend or at least correct […]
-
Nifty 50 Index Bullish Sequence to the All Time Highs
Read MoreThe Nifty 50 Index has a bullish sequence from the lows to the all time highs. The index currently shows nine swings up from the all time lows into the 2018 highs. It is now correcting the cycle higher from the February 2016 lows. This is noted on the chart with the red 8 label. In […]
-
Indices Larger pullback from the Highs is Purely Technical
Read MoreThe Indices larger pullback from the highs is purely technical despite whatever fundamental or reason the news suggests. I will show the technical reasoning in this article. We will look at the Nikkei, FTSE, as well as the Hang Seng indices cycles up from the 2009 and 2008 lows. Each of these indices are shown […]