Hello fellow traders. Today, I want to share some Elliott Wave charts of the IYR ETF which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 11/06/18. showing that IYR ended the cycle from 10/12/18 low (75.15) at the peak of 10/30/18 (79.47) in red wave […]

Short term Elliott Wave view on Nifty suggests that the decline to 10004 on Oct 26 low ended Primary wave ((2)). This means that Index has ended the selloff which started from Aug 28 high (11760.20). It is currently either in the process of eventually breaking to new high again or at least rallying in […]

BAC short-term Elliott wave view suggests that a decline to $25.90 low ended cycle degree wave IV pullback as a Flat correction. Up from there, the stock is expected to resume the next leg higher in cycle degree wave V or should do another extension higher from $25.90 low because the rally higher from that […]

To be kind, it’s been quite a challenging couple of months for the emotional health of all of us, including traders. There’s been state sponsored attempted cover-up of a murder that could threaten the geo-political environment depending upon what the strong hand of the U.S. considers toward a so called “ally”, world record lottery jackpots […]

Johnson & Johnson (NYSE: JNJ) is one of the oldest companies around the market as it was founded in 1886. It manufactures medical devices, pharmaceutical and consumer packaged goods and its stock JNJ  represent 10.8% of the Health Care ETF “XLV” weight. J&J beats Earnings & Sales Estimates in Q3 and since the release in mid […]

If you have been reading the headlines lately, something would have come to your attention, several prominent economists and investors are calling for a recession in the year 2020. Market is a product of many participants, some trade on Fundamental grounds and some trade on Technical or a combination of both. Many keep calling and […]