Financial markets just finished its memorial 2023.
Whatever the numbers at the “Closing bell”, on your monitors and in your portfolios, there is no doubt that 2023 year’s Santa Rally will go down in history as one of the most outstanding in many years.
In November and December, 2023 the U.S. stock market was rallying for the 9th consecutive week in a row.
This...
First I would like to say "Happy New Year" to all my followers and wish you good fortune in 2023.
This chart shows yearly candles in the past 40 years for NASDAQ 100, S&P 500, and Dow Jones.
In these charts, you can see yearly changes in 2022, 2009,2008, 2001, and 2000.
To plan your investment strategies in 2023, you need to answer this question:
What stage of...
THE ONLY NOTICABLE DIFFERECNE IS THE CONNECTION WAVE "X" & "XX" IN WHICH THEY CAN
BE ANYTHIGN BUT AN EXPANDING TRIANGLE !!!
Double and Triple ZigZag Rules:
Double (DZ) and Triple (TZ) Zigzags are similar to Zigzags, and are typically two or three Zigzag patterns strung together with a joining Wave called an x Wave, and are corrective in nature. Doubles are not...
What Is the Random Walk Theory?
The random walk theory raised many eyebrows in 1973 when author Burton Malkiel coined the term in his book "A Random Walk Down Wall Street.
Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other. Therefore, it assumes the past movement or trend of a stock price or market...
