The BEL20 Index Long Term Bullish Trend and Cycles Firstly, the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle into the May 2007 highs. From there it made a sharp correction lower that lasted until March 2009 similar to other […]

The trade war between USA & China had led to a global fear around the stock market and causing a mid-term “bear market” in China which lost 30% since the start of 2018. The latest plan is that the two leaders US President Donald Trump and Xi Jinping would meet for dinner on December 1 immediately after the G20 […]

Hello fellow traders. Today, I want to share some Elliott Wave charts of the IYR ETF which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 11/06/18. showing that IYR ended the cycle from 10/12/18 low (75.15) at the peak of 10/30/18 (79.47) in red wave […]

Short term Elliott Wave view on Nifty suggests that the decline to 10004 on Oct 26 low ended Primary wave ((2)). This means that Index has ended the selloff which started from Aug 28 high (11760.20). It is currently either in the process of eventually breaking to new high again or at least rallying in […]

BAC short-term Elliott wave view suggests that a decline to $25.90 low ended cycle degree wave IV pullback as a Flat correction. Up from there, the stock is expected to resume the next leg higher in cycle degree wave V or should do another extension higher from $25.90 low because the rally higher from that […]

To be kind, it’s been quite a challenging couple of months for the emotional health of all of us, including traders. There’s been state sponsored attempted cover-up of a murder that could threaten the geo-political environment depending upon what the strong hand of the U.S. considers toward a so called “ally”, world record lottery jackpots […]