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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Trade War Uncertainty Limits Market Strength
Read MoreEscalation in U.S. and China Trade War On Tuesday, the White House published a list of 1300 Chinese products subject to tariffs with total value of $50 billion. It’s however still subject to a review process which will last through at least May before it takes effect. The U.S. list focuses on high-tech item such […]
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AT&T Elliott Wave View: Calling Bounces to Fail
Read MoreAT&T ticker symbol: ($T) short-term AT&T Elliott Wave view suggests that the bounce to 3/13 high (37.81) ended Intermediate wave (X) bounce. Below from there, intermediate Y leg lower remains in progress as a Zigzag correction. Where initial decline unfolded in 5 waves Elliott Wave Impulse Sequence with extension in Minor wave A. Which can be seen in […]
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NASDAQ Elliott Wave : Bearish Sequence Called The Decline
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ published in members area of the website. As our members know, NQ #F have had incomplete sequences in the 4H cycle , according to Sequence Report. Consequently, we advised clients to keep on selling […]
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Elliott Wave Analysis: Tesla in a Turning Area
Read MoreLatest Elliott Wave view in Tesla (TSLA) suggests that the decline from 2.27.2018 ($359.99) is unfolding as an impulse Elliott Wave structure. Down from 2.27.2018 high, Minor wave 1 ended at $322.97, Minor wave 2 ended at 347.21, and Minor wave 3 ended at $244.59. Minor wave 3 has an extension and also have 5 waves […]
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Tesla TSLA Providing the Floor in Stock market
Read MoreTESLA (NASDAQ:TSLA) shares spiked 7% higher today before closing the day at $268 same level as late March of last year. What’s hiding behind the move and can investors be relieved ? Shares of the electric-car maker are still down 16.5 percent since the beginning of the year, alongside other automakers like General Motors (NYSE:GM) Down […]
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AMAZON Elliott Wave Analysis: Tracking Recent Price Action
Read MoreIn today’s blog, we will have a look at some past short-term Elliott Wave structures of the Amazon stock which we presented to our members. In the first chart below, you can see the 4-hour weekend update chart presented to our members on the 03/25/18. Calling for a bounce in 3 waves at least to the […]