For many reasons, I believe that the market will move upwards for the next year I think Wink's uptrend will be similar to the chart above. I think we have reached the end of the second (2) wave of Elliott Wink we are now at the beginning of one (1) of the three (3) main Elliott waves
EURUSD increasing to form the 3rd of the 3rd. Just relabel when it needs! Good luck!
Going from the monthly time frame I can see gold breaking the 2011 highs
The DAX has been channeling in a 400 pip wide band for the past 2 months. To make matters interesting, the highest high ever of the DAX has already been approached, already bouncing back just 15 pips away from it! So the question arises: will the DAX break through the channel or not? If the DAX REMAINS in the channel (as I am hoping), then the following...
Recovery in U.S. show up slower than expecting, seeing from Jobless Claim report increased to 276,000 against analysis forecast median of 263,250 jobs which is a greater numbers than Feb 2016 report. However the incremental is still below 300,000 which is an acceptable rate. Counting from Jackson Hole Fed's meeting last week statement was given clear of timeline...