Elliott Wave Technical Analysis: Tesla Inc. – Monday, Nov. 25
TSLA Elliott Wave Analysis Trading LoungeTesla Inc., (TSLA) Daily ChartTSLA Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 3.DIRECTION: Upside in 3 of (1).DETAILS: Looking for upside thrust after the completion of the long lasting triangle in primary wave 4. Looking for upside towards Medium level at 400$.Tesla Inc., (TSLA) 1H ChartTSLA Elliott Wave Technical AnalysisFUNCTION: […]
Gold Drops On Bessent Appointment But Bears Face Lots Of Hurdles
Image Source: Pixabay The big news in the markets has been the appointment of Scott Bessent for US Treasury Secretary by president-elect Donald Trump. Apparently, he is a measured choice, who is seen providing more stability into the US economy and financial markets than some of the other candidates that were under consideration. As a result, […]
The Secret To Stable, High-Yield Monthly Income
I don’t look at fixed income based exclusively on Wall Street expectations. The news media and large investment firms like to play the interest rate game, investing based on where they think interest rates will go. I prefer using fixed-income investments to generate stable, high-yield cash income streams.Recently, one of my favorite income ETFs sent […]
USD/CHF Price Prediction: Pulling Back Within An Uptrend
USD/CHF is correcting back within an established uptrend. This is likely just a correction of the dominant trend with a resumption higher to follow. USD/CHF is pulling back within an established short and medium-term uptrend. At the moment the pullback looks corrective in nature and this suggests bulls will eventually push price higher again. Given […]
Two Trades To Watch: EUR/USD, Oil Forecast – Monday, Nov. 25
Image Source: Pixabay EUR/USD recovers from a 2-year low but gains could be limited German IFO business climate deteriorates in November USD eases after Trump’s Treasury Secretary nomination EUR/USD rises towards 1.05 EUR/USD is recovering from its 2-year low reached last week as the market digests the latest German Ifo survey and Trump’s likely nomination for […]
Strong Start To The Quarter For Polish Industry
Image Source: Pexels Despite challenging conditions in Europe, the start of the fourth quarter has been very promising for the Polish industry. Production rebounded in October, both on a seasonally adjusted monthly basis and in annual terms.Poland’s industrial production increased by 4.7% year-on-year in October, surpassing both the consensus and our expectations (ING: 3.0% YoY, consensus: […]
Key Metrics Showing Unusual Readings
Last week I hosted an A.I. stocks training session where I demonstrated how to focus on those fast-moving A.I. stocks while using a timeless strategy. If you missed the session, I highly recommend catching the replay as we covered some key lessons for anyone hoping to cash in on what is being coined ‘Phase 2’ […]
Ripple Is On Fire, Eyeing All-Time Highs
Image by WorldSpectrum from Pixabay We talked about Ripple with ticker XRPUSD back in July, where we mentioned and highlighted a big upside potential, as we spotted a completed larger weekly bullish triangle pattern in wave IV that can send the price higher for wave V. As you can see today, Ripple is in strong and impulsive rise after we […]
Elliott Wave Technical Analysis: S&P 500 Index – Monday, Nov. 25
S&P 500 Elliott Wave Analysis Trading Lounge Day ChartS&P 500 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange wave 3 Position: Navy blue wave 3 Next Lower Degree Direction: Orange wave 4 Details: Orange wave 2 appears completed, with orange wave 3 of navy blue wave 3 now in progress. Invalidation Level: 5,691.98 Analysis SummaryThis analysis evaluates the S&P […]
S&P 500, Nasdaq 100 And Russell 2000 All Defend Post-Election Breakout Last Week
Major US equity indices experienced a gap-up breakout on November 6, after it became apparent that the presidential election from the previous day was won by Donald Trump. Last week, those breakouts were successfully retested.On the 6th, the S&P 500 gapped up 2.5 percent, pushing through horizontal resistance at 5860s going back to mid-October.By the […]
