Preferred view is that dip to 3.003 completed wave B of X and metal is now trading higher in wave C of X which can reach as high as 3.265 before the decline resumes. Short-term, a cycle from 3.003 low looks to have completed , we have labelled this as wave (( w )) as […]

Here is a quick blog from our Live Trading Room host, Dan Hussey.  Take a look at how to manage your risk by using inflection zones to your advantage.  The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these proven methods of […]

Preferred Elliott wave view is that pair has ended a cycle from 1.0853 low and wave (( B ))  high is in place at 1.1054. Wave ( A ) is over at 1.0809 and wave ( B ) bounce is in progress, it can reach as high as 1.0959 – 1.0995 to complete wave ( […]

US Indices remain bullish and dips have been presenting buying opportunities. Let’s take a look at a recent buy setup in SPX and INDU. Using Elliott Wave Principle we knew that initial drop in SPX from 1891 – 1866 was in 3 waves, so we were expecting this high to break once the correction finished. […]