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Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of General Electric Co. ($GE) The rally from

"My focus mainly is on technical analysis. Being a disciplined trader or an investor and just applying technical analysis can help you to make money. Fundamentals can be an add-on because when it comes to fundamental analysis, you are looking at the earnings and the management," says Foram Chheda of ChartAnalytics

Nifty Pharma sector is going to be outperforming index for coming months, says Ashish Kyal.

DXY is showing higher high sequences from the 07/13 low. We got 5 waves up in the first leg (a). Then the price has given us corrective pattern in (b) blue, after which we got rally toward new highs again. At the moment Dollar index is showing higher high sequences. Recovery looks incomplete, calling for further strength toward 102.61-103.1 area. More upside should ideally follow in DXY as far as the price stays above (b) blue low : 100.55. As the first leg of correction has 5 waves structure, we assume recovery is having form of Elliott Wave Zig Zag. Consequently we expect to see 5 waves up i...

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dollar Index. As our members know, ($DXY) has…