Is Colgate Palmolive ready to jump?

by | Mar 21, 2022 | US Stocks outlook

You might be wondering if Colgate Palmolive is preparing for a strong move higher. The weekly charts show that the stock has reached its Elliot Wave targets (a 3-wave correction that also complies with some Fibonacci projections). The daily charts show higher bottoms,...

Is the Indian Rupee ready to trap the bulls?

by | Mar 21, 2022 | Inr

The Indian Rupee is again above the 50 level, and both exporters and importers are anxious about its prospect. I had taken a stance several weeks ago that the currency is more likely to be at 45 than at 57. It actually topped out earlier around 50.25 and declined...

Has QQQQ posted a major bottom?

by | Mar 21, 2022 | US Stocks outlook

You must be wondering whether the QQQQ has posted a major bottom at $25.05. This post will help you make that decision. Users of Elliot wave principle are presented with some of their greatest difficulties when trying to determine whether a major trend has ended. We...