In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
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Investing in Solar Energy : SunPower SPWR
Read MoreSunPower Corporation (NASDAQ:SPWR) is the biggest commercial solar company in the U.S. The energy company designs manufactures and delivers high-performance solar electric systems worldwide for residential commercial and utility-scale power plant customers. Its high-efficiency solar modules and a commercial solution called Helix makes solar projects turnkey for installers, helping businesses, schools, and municipalities across the country save […]
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Timing the Peak in Stock Market
Read MoreIs Stock Market Valuation in Bubble Territory? Many analysts and forecasters argue that stock market is in bubble territory and about to do significant correction or even a crash. There’s a lot of reasons given, both from fundamental and technical point of view. For example, some popular reasons are: 1) The rally in S&P is the […]
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DAX Short-Term Elliott Wave Analysis
Read MoreDAX shows a 5 swing Elliott Wave bullish sequence from 8/29 low, suggesting further upside is likely. The rally from 8/29 low is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 13089 and Intermediate wave (X) ended at 12903. The rally from 12903 low appears to be unfolding as an impulse […]
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Is Trump’s Tax Reform Bullish for Equities?
Read MoreThe tax reform is perhaps the single most important agenda for Republicans. The consequence for falling short of the tax overhaul is dire. Should Republicans fail to deliver the tax reform, they could face rout in the mid-term elections next year. This means losing control of the Senate and possibly also the House of Representatives where they […]
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FTSE Elliott Wave Analysis: Ended Correction
Read MoreFTSE Elliott Wave view suggests that decline to 7199.5 ended Primary wave ((4)). Up from there, the rally is unfolding as an impulse Elliott Wave structure where Minor wave 1 ended at 7327.5 and pullback to 7289.75 ended Minor wave 2. Rally to 7494.34 ended Minor wave 3, and pullback to 7473.12 ended Minor wave […]
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FTSE Elliott Wave Analysis 10.26.2017
Read MoreFTSE Short-Term Elliott Wave view suggests that the Index ended Primary wave ((4)) with the decline to 7199.5. The rally from there is unfolding as an impulse Elliott Wave structure where Minor wave 1 ended at 7327.5 and Minor wave 2 ended at 7289.75. Minor wave 3 rally ended at 7494.34, and Minor wave 4 […]