SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 – 313.2. In the chart below, we took the more aggressive view of the rally. We...
General Motor’s contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out the next four-year contract. The situation has been all over the news which can be misleading for...
DJUSRE (Dow Jones Real Estate Index) recently broke above 2007 peak and it would be a good time to revisit the article we published back in 2017 about Real Estate Index and highlighted the target area above...
Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. The Elliott Wave Theory classic pattern is represented in the following chart which shows the idea of...
EQT Corporation is one of the largest natural gas exploration and pipeline companies in United State. The Energy giant has more than 130 years of experience and it continues to be a leader in the use of...
UUP Bullish Cycles from May 2011 lows Firstly the dollar tracking ETF fund UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a low in May...
Short term Elliott Wave view in Amazon (AMZN) suggests that the rally from August 6, 2019 (1743.51) low is unfolding as a 5 waves impulsive Elliott Wave structure. We label the pullback to 1743.51 as wave (B). The...
Short Term Elliott Wave structure in 10 Year Notes (ZN_F) suggests the pullback to 129.28 ended wave 4. The note has resumed higher in wave V. The internal subdivision of wave V is unfolding as a 5...
Great Year for Precious Metals Year 2019 certainly has been a good year for the Gold bulls. The metal accelerated its rally after President Trump announced 10% tariffs on the remaining $300 billion of Chinese imports. China...
US Dollar has been rallying strongly against Swedish Krona and Singapore Dollar for the past couple of months and have broken above significant peaks so in this blog, we would take a look at the cycles and...
