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Trade In Counterfeit Goods Hits Half A Trillion Dollars

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The counterfeit market has breached…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

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NASDAQ and DAX Could Turn Up This Week

DAX has sold-off sharply from around 11770 today so looks like that new swing low is coming as current decline seems very sharp. We think it represents wave C) of a second zigzag in wave (4) that can retest the lower side of a corrective channels. Ideally price will bounce from that area.

DAX 4h Elliott Wave Analysis

DAX 4-Hour Elliott Wave Analysis Chart

Nasdaq100 is down today, but with three waves from the latest high against previous five wave rally from the low. As such, we see market in temporary weakness that is seeking for a support around now at 4430-4450 area. Apr 30 low is invalidation level.

NASDAQ100 (June 2015) 1h Elliott Wave Analysis

NASDAQ100 (June 2015) 1-Hour Elliott Wave Analysis Chart

 


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