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The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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Stock Look To Move Higher, Looking At APPLE and DJIA

US stocks are rising at the moment, and if that would stay unchanged till the end of the day then we would look for much higher levels in days ahead as corrections from May highs can be bottoming. On DJIA we see three wave set-back from the highs that will signal for more upside if price would go above 18000.

DJIA 4h Elliott Wave Analysis

DJIA 4-Hour Elliott Wave Analysis Chart

Apple is moving sideways for the last few months but this could come to an end soon, as price could break through the upper side of a range if we consider a five needed subwaves for a completed triangle formation. Ideally prices will rise up into wave five in the coming days, targeting 137.

APPLE Daily Elliott Wave Analysis

APPLE Daily Elliott Wave Analysis Chart

 


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