General Motor’s contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out the next four-year contract. The situation has been all over the news which can be misleading for traders. We at Elliottwave Forecast do not follow fundamentals news but what we follow is a system which […]

DJUSRE (Dow Jones Real Estate Index) recently broke above 2007 peak and it would be a good time to revisit the article we published back in 2017 about Real Estate Index and highlighted the target area above 2007 peak. We will also cover Proshares Ultra Real Estate ETF today and look at it’s sequence from […]

In the bigger picture, Bitcoin has been in sideways consolidation since topping out at $13880 on June 26. It did a 3 waves pullback to $9049.54 on July 17 and since then has been sideways. Further correction in larger degree can’t be ruled out as a double zigzag structure from June 26 high, but the […]

The social networking giant Twitter (NYSE:TWTR) has become the number one platform for government leaders and it’s still considered one of the best places for breaking news. For the first time in the company’s history, Twitter made a profit in the fourth quarter of the 2017 just one year after its stock established a major bottom. […]