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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Russell 2000 $RUT Short-term Elliott Wave Analysis 5.17.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 1156.07. Decline from there is unfolding as a double three structure where wave (W) ended at 1101.57 and wave (X) bounce ended at 1129.08. Secondary high wave ((x)) is also proposed complete at 1119.68. While pair stays below below 1129.08, expect the Index to resume the decline either to new […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.13.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave ((x)) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.12.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave (x) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.11.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding in a zigzag where wave (A) ended at 17580.38 as 5 waves diagonal. Wave (B) bounce is in progress to correct decline from 18173.54. Wave (B) bounce has enough swing and extension to call it completed although a marginal high still can’t […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.10.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding in a zigzag where wave (A) ended at 17580.38 as 5 waves diagonal. Near term, while wave B pullback stays above 17580.38, Index has scope to do another leg higher in wave C of (B) towards 17872.98 – 18028.26 […]
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IBEX Short-term Elliott Wave Analysis 3.31.2016
Read MoreShort term Elliottwave structure suggests rally to 9218.68 ended wave ((4)) and the Index has resumed lower. Down from 9218.68, wave W ended at 8753. Wave X bounce is currently in progress as a double correction where wave ((w)) ended at 8960.7, and while wave ((x)) pullback stays above 8753, the Index has scope to do […]