Decline to 11167.55 completed wave W, and subsequent bounce in wave X took the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 11710.41, wave ((x)) ended at 11218.54, and wave ((y)) of X was completed at 11916.17.  From this level, the Index declines in wave ((w)) and the decline is taking the […]

Decline to 1.843 completed wave X. From this level, $TNX rallied in wave ((w)) in the form of a triple correction (w)-(x)-(y)-(x)-(z) where wave (w) ended at 1.989, wave (x) ended at 1.907, wave (y) ended at 2.252, second wave (x) ended at 2.101, and wave (z) of ((w)) ended at 2.335. From the high of 2.335, $TNX declined […]

Decline to 19054 completed wave ((X)), and the Index has since resumed the rally in the form of a triple correction (W)-(X)-(Y)-(X)-(Z) where wave (W) ended at 19865, wave (X) ended at 19495, wave (Y) ended at 20590, second wave (X) ended at 20318, and wave (Z) is currently in progress towards 20963 – 21999. Wave (Z) rally from 20318 ended the […]

Decline to 19054 completed wave ((X)), and the Index has since resumed the rally in wave W in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 19865 and wave ((x)) ended at 19495. In our previous Nikkei 225 Chart of the Day posted at 5.20.2015, we said wave ((y)) is in progress towards 20314 – 20507, […]

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In this interview video by Dale Pinkert at May 16, 2015, our chief currency strategist and founder Eric Morera explained how he believed $EURUSD is not as bearish the consensus from other analysts, banks, and social media. Despite the popular bearish sentiment and belief that $EURUSD is going to go below parity at the time […]