Bitcoin Bulls Might Be Getting Nervous (Elliott Wave Analysis)
With the U.S. Dollar Index poised to embark on the next leg of its climb, as we highlighted in our currency post earlier this month,...
Elliott Waves: Gold Rallying As US Dollar Hits Resistance
The US Dollar Index appears to be turning lower due to speculation that the Federal Reserve may not withdraw stimulus as fast as first...
Cybersecurity Stocks Trigger Breakout Trading Buy Signal
The Cybersecurity trade looks to be re-igniting, as the sector ETFs are breaking out above short-term downtrends and select stocks are thrusting higher.
Stocks like...
Back-to-School Boom: A Closer Look at Same Store Sales Data
The following research was written with Christine Short, VP of Research at Wall Street Horizon.
The July Retail Sales report revealed a drop of 1.1%,...
Russell 2000 Index Reversal Triggers Short-Term Buy Signal
The Russell 2000 decline on Thursday undercut both the 200-day moving average and the MOB band price target (as shown on the chart above).
But on...
Shopping Mall Traffic Returns – But Is It Sustainable?
As vaccinations increase, and economies reopen, consumers are becoming more comfortable returning to pre-COVID activities.
One notable activity was visiting shopping malls, and data shows...
Australian Dollar (Aussie) and Kiwi Elliott Wave Analysis
The aussie dollar (AUD) and Kiwi dollar (NZD) decline on lockdowns and lower stock prices.Â
Could this be an A-B-C drop on a daily charts;...
Can Key Sectors Along With Bitcoin Hold Support?Â
The Economic Modern Family now has 5 members sitting in a confirmed cautionary phase.
A cautionary phase is defined by the 50-Day moving average stacked...
Crude Oil Prices Shaken By Rise Of Delta Variant
Fluctuating oil prices is nothing new. We’re no longer surprised to see crude move +/- 4% in a day depending on the news, whether it be...
New Zealand Dollar (Kiwi) Currency Pairs Elliott Wave Analysis
The New Zealand Dollar currency is still navigating its way through some general weakness.
Today we look at Elliott wave analysis on some currency pairs...
