SPY. The Elliott wave Theory is a Technical Analysis method that traders use to analyze the market and located the trend by using the relationship between highs and lows and applying a system developed by Ralph Nelson...
Summary A strong 3.2% U.S first quarter GDP indicates robust economy. Temporary drivers of the growth however may not be sustainable for the remainder of the year. Strong U.S. economic data can continue to boost global stock...
In today’s blog, we will have a look at the latest price action of the Caterpillar. Caterpillar is an American company which has its headquarter in Deerfield Illinois. Caterpillar is one of the largest construction equipment manufacturer...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website. GOLD has had incomplete sequences in the cycle from the February...
Trading is a profession that many enter with big dreams, we all have been guilty one way or the other of the illusion of making a living out of trading. Many aspects are part of a trader...
JPMorgan Chase (NYSE: JPM) is the largest bank in the United State. It is a multinational banking and financial service provider that was formed as a result of a merger of several banking companies in 1996. The Banking...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DJI Mini Futures ( $YM_F ). As our members know DJI is showing incomplete bullish sequences in...
Coffee Futures (KC_F) formed a lower high in October 2018 and have been declining since then. In the last 6 months, KC_F lost approximately 27.8% dropping from a high of 125.51 to it’s current levels. In this...
In today’s blog, we will have a look at the latest price action of the Blackrock stock. The stock is listed in the S&P500. BlackRock is an American company which is based in York City. It is a...
Bank of America (BAC) shows an incomplete bullish sequence from December 25,m 2018 low, favoring further upside. In the short term update below, the rally from March 26, 2019 low ($26.61) to $29.50 unfolded as an impulse...
