Honeywell finally funded their Enron, WorldCom style 401K retirement plan, with shares out of thin-air. The shares were at the current price and never mind the missed dividend payments, but they did follow through... The question is when to trade them off. As the S&P trades up into the 61.8% Fibonacci range, all other stocks will top out as well. For me, the...
Trying to make heads and tails of the price action in the markets. The Elliott Wave count I’m getting is a series of running b waves with lower highs unfolding with an oncoming major wave down right in front of us. Monday is Martin Luther King day with the US markets closed. I’m expecting a rally above the Minuette a wave highs of mid-December and a challenge...
EURJPY giving us some clear structure ABCD Pattern with obvious rejection at a major level of support Price has just begun to re-enter our band so I will go to the lower levels to look for entry Blue - Training Range (I am currently looking to trade from the current position (once I go to the lower levels and find entry) to the top blue band @ the least) Pink -...
After completing the simetric pattern (A-I), the goal of minimizing the fall in the 78% of fibo range....