Dare to Guess the Best Stock Market Index of 2019?

The first half of 2019 saw stock market indices around the globe rebound sharply. In the U.S., NASDAQ, DJIA and the S&P 500 are up 22.7%, 14.8% and 18.9% since the start of the year, respectively. In Europe, the German DAX and France’s CAC 40 both climbed 17.8%, UK’s FTSE 100 surged by 12% and…

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Greece is Better and Elliott Wave Confirms It

History was made last week, when Greece and its euro zone partners made a deal on the country’s debt. Under the agreement, Greece has been granted a 10-year debt maturity extension and will not have to make any debt payments until 2032. While both sides see the deal as a win, some think it simply…

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EURUSD With Two Bullish Counts

More than a month ago, on June 17th, we published “EURUSD Complicated Ahead Of FOMC”. With the pair trading near 1.1260, the wave structure was suggesting it could reach 1.15, before reversing to the south again. The chart below shows how the forecast looked like then. As visible, we were expecting a post-triangle thrust for…

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Greece? Greek Stocks? Why Not!

Greece is in trouble. The biggest trouble in its financial history. The country just missed a payment to the International Monetary Fund and is now asking its people whether to continue paying its debts or not. The banks will not open for a second consecutive week, because, as “The Telegraph” claims, they are down to…

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