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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Nasdaq Elliott Wave Analysis: Ending Impulsive Move
Read MoreShort Term Nasdaq Elliott Wave view suggests that the rally from 12/5 low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25. This week, the Index made a new high above Minor wave W at 6545.75, suggesting the next leg higher has started. Internal of Minor wave W […]
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Elliott Wave Analysis: Nasdaq Has Resumed Higher
Read MoreElliott Wave view for Nasdaq suggests that the rally from Intermediate wave (4) on 12/5 unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25. The Index has made a new high above Minor wave W at 6545.75, which brings validity to this view. Subdivision of Minor wave W […]
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Elliott Wave Analysis: Nasdaq Ended Correction
Read MoreElliott Wave view for Nasdaq suggests that the Index has ended the correction to the cycle from 12/5 low at 6383.25 and from there it it has started the next leg higher. Up from Intermediate wave (4) low on 12/5, the rally unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X […]
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Elliott Wave Analysis: Nasdaq Correcting cycle from 6232.3 low
Read MoreNasdaq Short Term Elliott Wave view suggests that the Index is correcting the rally from 12/5 low (6232.3). While dips remain above Intermediate wave (4) at 6232.3, expect Index to extend higher. Rally from Intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X is in progress […]
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Nasdaq Elliott Wave Analysis: More Upside Favored While Above 6232.3
Read MoreNasdaq Short Term Elliott Wave view suggests that the Index remains bullish as far as pullbacks stay above Intermediate wave (4) at 6232.3. Rally from Intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X is proposed complete at 6432.25 in the green box. Internal of Minor […]
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Elliott Wave Analysis: Nasdaq Looking to Extend Higher
Read MoreNasdaq Short Term Elliott Wave view suggests that Intermediate wave (4) ended at 6232.3. Since then, Nasdaq has resumed the rally higher as a double three Elliott Wave structure. The subdivision of the first leg Intermediate wave W unfolded as a double three Elliott Wave structure where Minute wave ((w)) ended at 6427.75, Minute wave ((x)) ended at 6383, […]