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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$DAX (6.20.2013)
Read MoreIndex has turned lower after completing wave B. A new low will complete a 5 wave decline from wave B high and add more conviction to this view. We should then see a (( b )) wave pullback toward 8100 – 8120 and lower again.
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$TNX (10 yr yield)
Read MoreExpect 61.8 fib (2.096) to hold for another leg higher toward 2.36 to complete wave ( B ) before yields turn lower again. View is valid while price stays above 2.00%
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NI225-NKI (6.6.2013)
Read MoreIndex is headed lower for a test of 12500 to complete a cycle from 15942 peak before we get an upside reaction in the Index. Ideally Index should now stay below wave “b” high but 13711 is the more important level which needs to be respected until 12500 area has been tested.