USDCAD is making an aggressive turn from 1.2800 area, now already back above 1.2900 so we are considering that bottom can already be in place. We see wave 1) ... Read More
Crude oil has recently fully unfolded a triangle correction in blue wave 4, which found support near the 67.00 area and from there broke higher. We can see a ... Read More
ast thing I remember, I was Running for the door I had to find the passage back to the place where I was before “Relax” said the night man, ... Read More
Stock discussion boards can be exhausting places, with nuggets of wisdom and occasionally actionable information buried in mountains of invective and aimless meandering. But the nuggets are sometimes worth ... Read More
Dax is trading lower or sideways I should say since 2018, and at the moment it is in strong negative correlation with SP500 if we consider that US stocks ... Read More
2008 has special significance for gold bugs, both because of the money they lost in August of year and the money they made in the half-decade that followed. Today’s ... Read More
Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: “Argentina Central Bank hikes interest rate to ... Read More
As you have undoubtedly heard, the current Bull Market in U.S. stocks (S&P 500) is the longest in recent history–though some historians claim that Rome’s SPQR Index rose ... Read More
Seems like every few days a new developing country discovers that it can’t pay back the dollars and/or euros it borrowed back when “external foreign currency debt” seemed ... Read More
USDCAD is currently reversing down from 1.3090 level which looks to be wave b of a three-wave correction from the lows. That said, current drop may look for support ... Read More
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