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Todd Gordon's 2023 growth fund was over-diversified, but he still anticipates further growth in the tech sector in 2024. He highlighted the importance of yield curves & Vanguard ETF's to watch. He suggested to focus on unemployment figures to observe possible recession.
A top crypto strategist says that a significant correction may be brewing for both Bitcoin (BTC) and Ethereum (ETH). Pseudonymous trader Bluntz tells his…
Short Term Elliott Wave View in GBPJPY shows that it has ended wave ((3)) at 188.66. Pullback in wave ((4)) is currently in progress as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 185.06 and wave B ended at 186.18. Wave C lower made a strong drop ended at 178.47 which completed wave (W). The yen pair then corrected in wave (X) as a zigzag structure. Up from wave (W), wave A ended at 182.04 and wave B ended at 180.45. Wave C higher ended at 184.32 which completed wave (X).
Short Term Elliott Wave View in Nasdaq (NQ) shows a bullish sequence from 10.26.2023 low favoring further upside. Up from 10.26.2023 low, wave (1) ended at 16208.5 and dips in wave (2) ended at 15721.25. Wave (3) is in progress as the 45 minutes chart below shows. Internal subdivision of wave (3) is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave (2), wave 1 ended at 15989.75 and pullback in wave 2 ended at 15790.47. Index then resumes higher in wave 3.
Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)).