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Markets / Other

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The Dominant Alternating Cycle

Oct 21, 2016 at 08:01

I first mentioned the 47 TD alternating cycle back on September 9 2016, when it was looking for an early September High. The 41-42 week cycle mentioned in that same…

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The Banking Index ($BKX) ...

Oct 21, 2016 at 07:29

The Banking Index closed at 73.49 with an up tick and with the 30 day C-RSI at a good positive level of +8.15. The Accelerator was in positive territory while…

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Silver Bull Market Still in Force

Oct 21, 2016 at 07:24

As we await the end of this silver correction, it is appropriate to stand back and look at the bigger picture. To that end, take a look at this chart…

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EURAUD Elliott Wave Analysis: Looking for 3 Waves Bounce

Oct 21, 2016 at 07:23

Best reading of Elliott Wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high and this cycle is proposed complete with wave W at…

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EUR/GBP - Bearish Recovery

Oct 21, 2016 at 07:22

EUR/GBP continues to head lower since the pair has broken uptrend channel. Hourly support is given at 0.8776 (05/10/2016 low) while resistance is given at 0.9026 (20/10/2016 high). Expect to…

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Federal Reserve Admits it Never Knew What it was Doing

Oct 20, 2016 at 08:11

The Federal Reserve is, at last, acknowledging at top levels that its economists are completely baffled, its recovery is failing, that the Fed cannot raise interest and may even have…

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Gold Bull Market Still Intact, But...

Oct 20, 2016 at 07:45

The gold bull market is still very much intact. In fact, it appears that the all-time high could be taken out real soon.

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EURAUD Short-term Elliott Wave Analysis

Oct 20, 2016 at 07:18

Best reading of Elliott Wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high. Pair has got enough number of swings in place to…

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Stock Trading Alert: More Short-Term Fluctuations Following Earnings Releases

Oct 20, 2016 at 07:03

In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.

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USD/CHF – Basing Below Resistance

Oct 20, 2016 at 06:59

USD/CHF is testing resistance area between 0.9919 (07/08/2016 low) and 0.9950 (27/07/2016). The pair remains on a bullish momentum since September 15. Hourly support is be located at 0.9733 (05/10/2016…

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