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Top News In பெருநிறுவன அங்கீகாரம் பெற்றது பிரதிநிதி Today - Breaking & Trending Today

Iron Ore: Remain Bullish


Resistance Levels: N/ (all-time highs)
Technical Discussion
→ Chinese demand remains strong
→ larger multi-year [A]-[B]-[C] move north remains in play
→ price robust throughout the 2020 global market turmoil care of the Covid-19
We haven’t reviewed Iron Ore since back in February. At that time we were watching the higher degree Wave-(4) developing. With our outlook being that when the Wave-(4) completed, price action would be ready to make a charge at the all-time high zone circa $191.90 as part of a Wave-(5). And as you can see on our weekly chart, this has now been achieved.
From an Elliott Wave perspective, it now appears as though the higher degree Wave-(5) of [C] is subdividing as a 5-wave pattern within itself. With the recent highs locked in at $215.48 representing the intermediate Wave-3 of (5), and by all accounts potentially getting close to completion. ....

Shartru Wealth Management Pty Ltd , Fortescue Metals Group , Chartist Pty Ltd , Iron Ore , Elliott Wave , Rio Tinto , Corporate Authorised Representative , Product Disclosure Document , ஃபார்‌டெஸ்க்யூ உலோகங்கள் குழு , இரும்பு ஒரே , எலியட் அலை , ரியோ டின்டோ , பெருநிறுவன அங்கீகாரம் பெற்றது பிரதிநிதி , ப்ராடக்ட் வெளிப்படுத்தல் ஆவணம் ,

S&P500: Bullish Trend Remains


Resistance Levels: N/A (all time highs)
Technical Discussion
→ Elliott Wave count continues to have motive bigger picture
→ Support / resistance zone around 3400 continues to hold strong
→ higher degree Wave-[4] confirmed a major low back in March
→ bigger picture Grand Super-Cycle Wave-[ III ] now in the very early stages of development

Our wave counts have been constructed off the Great Depression lows in 1932, which in our view have culminated in a Grand Super-Cycle (GSC) Wave-[ I ] locking in at the pre ‘tech-wreck’ 2000 highs. So almost 70 years of price action with plenty of major bear dips of varying degrees along the way, making up the subdivisions before the GSC Wave-[ I ] high finally locked in.’ ....

Shartru Wealth Management Pty Ltd , Chartist Pty Ltd , Elliott Wave , Grand Super Cycle , Great Depression , Big Picture Week , Global Area , Corporate Authorised Representative , Product Disclosure Document , எலியட் அலை , மாபெரும் அருமை மிதிவண்டி , நன்று மனச்சோர்வு , பெரியது படம் வாரம் , உலகளாவிய பரப்பளவு , பெருநிறுவன அங்கீகாரம் பெற்றது பிரதிநிதி , ப்ராடக்ட் வெளிப்படுத்தல் ஆவணம் ,