By Elliott Wave International Forbes magazine summed up the Fed’s January statement this way (Jan. 26): The federal funds rate remains on hold at zero to 0.25% for now, bond purchases should end in March — and...
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of XLK. In which, the rally from 23 March 2020 low unfolded as an impulse and showed a higher high...
Ziff Davis Inc ( ZD ) operates as a vertically focused digital media & internet company. It primarily invests in technology, entertainment, shopping, health & cybersecurity. It based in New York. It comes under Communication services sector...
The last time I Chevron was back in November 2021 (you can view this article here). The energy Industry has been impulsive and bullish since the low struck at the March 2020 low. In my previous view...
The Newmont Corporation Longer Term Bullish Cycles $NEM Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle in...
GBPAUD has found bid due to the divergence in the monetary policy between RBA and BOE. Bank of England (BOE) this year has hiked interest rate twice to fight against inflation. However, BOE indicates that it may...
Caterpillar Inc. (often shortened to CAT) is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. It is the world’s largest construction-equipment manufacturer. Caterpillar stock is a component of the Dow Jones...
Hello fellow traders. Another instrument that has given us nice trading opportunity recently is NZDJPY . In this technical article we’re going to take a look at the past charts of NZDJPY presented in members area of...
The last time I looked at Workhorse was in August 2020, I was still expecting some further upside to take place. And after that, I was looking for a pullback correcting the whole cycle from the all...
Bovespa Index Long Term Cycles and Bullish Trend The Bovespa Index has been trending higher with other world indices. Since inception the cycles have shown a bullish trend. In early years not seen on this chart it rallied...