Netflix: Way More Room to Drop
By Elliott Wave International The glory days of at least one of the FAANG stocks appear to be all but over — at least for now. As revenue shrinks at Netflix, more heads have rolled at the...
Month: July 2022
GCC (Wisdomtree Commodity Strategy Fund) Calling For Higher Commodities
GCC (Wisdom Tree Commodity Strategy Fund) is a great indicator for commodities direction. This Fund is positively correlated with Oil. Previously, we have mentioned the idea that the Fund reached the blue box area back in 03.2020....
Platinum Support Area
The Fed’s aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed’s GDP gauge now sees the second quarter running at – 2.1%. With the first quarter’s decline of 1.6%, this makes it...
EURNZD Buying The Dips At The Blue Box Area
In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. As our members knew, we’ve been favoring the long side in EURNZD since it...
NTR : Favors Short Term Weakness Before Turning Higher
Nutrien Ltd., (NTR) provides crop inputs & services. It offers potash, nitrogen, phosphate & sulphate products, & financial solutions. The company also distribute through approximately 2000 retails locations in US, Canada, South America & Australia. It is...
EMN – Favors Flat Correction Before Turning Higher
Eastman Chemical Company (EMN) operates as specialty materials company globally. It serves transportation, personal care, wellness, food, feed, agriculture, building & construction, water treatment, energy, consumables, durables & electronic markets. It is based in Kingsport, Tennessee, US,...
Canada Index (TSX) Needs One Wave Down To End A Double Correction
The S&P/TSX is a major stock market index which tracks the performance of largest companies by market capitalization on the Toronto Stock Exchange in Canada. It is a free float market capitalization weighted index. The index covers...
EURAUD Buying The Dips At The Blue Box Area
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURAUD, published in members area of the website. As our members know, we’ve been favoring the long...
Here’s Why IPOs Will Likely Dwindle to Near Zero
By Elliott Wave International Financial activity is usually abuzz during times of financial optimism, such as the issuance of initial public offerings (IPOs). An IPO means that a company is transitioning from private to public ownership. The...