There was significant event risk through the end of the week that could have sparked significant volatility for the energy markets. » Read More

If you have decided to delve into Elliott wave analysis and the Wave Principle, a great place to start is to learn why financial markets are patterned. This article explains why. » Read More

Obviously the federal government can use its power to tax to collect more money. But rising unemployment and falling consumption already mean less revenue for Uncle Sam. At the same time, debt is piling up... » Read More

Price action on GBP/USD (a daily chart of which is shown) as of Friday (7/30/2010) has consolidated above 1.5500, a prior resistance region that was broken to the upside earlier in the week. This occurs within the context of a strong accelerated uptrend extending originally from the 1.4230 area lows in May, and after price [...] » Read More

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