Direxion Daily 20+ Year Treasury Bull 3X is a bond exchange-traded fund that invests in US Treasury bonds with a maturity of more than 20 years. The ETF has a third leverage. Our team expects an accelerated reduction in inflation as early as the first half of 2023. The realisation of this forecast will have a positive impact on both stock and debt markets in anticipation of the Fed's move to a looser monetary policy.

The Goodyear Tire & Rubber Company (GT) manufactures and markets tyres for cars, trucks, buses, aircraft, motorbikes, earthmoving, mining and industrial machinery under the brands Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster and others. The company sells its products through a network of independent dealers, regional distributors and retailers throughout the world. The Goodyear Tire & Rubber Company was founded in 1898 and is headquartered in Akron, Ohio.

Short Term Elliott Wave structure of USDJPY shows a 5 swing sequence from 10.21.2022 high. This suggests the decline can extend lower into a 7 swing double three structure. Rally to 10.21.2022 high at 151.94 ended wave (3). Pullback in wave (4) is in progress with subdivision as a double three Elliott Wave structure. Down from wave (3), wave ((a)) ended at 146.15, rally in wave ((b)) ended at 149.71, and wave ((c)) lower ended at 145.37. This completed wave W.

IBEX shows an incomplete bearish sequence from 6.14.2021 high favoring further downside against 5.30.2022 high (8992.7). Short term, Index is now correcting cycle from 5.30.2022 high in 3, 7, or 11 swing before the decline resumes. Down from 5.30.2022 high, wave (W) ended at 7191.57 as the 1 hour chart below shows. Wave (X) rally is currently in progress to correct cycle from 5.30.2022 high with internal subdivision as a double three Elliott Wave structure.

Short term Elliott Wave view on Nifty suggests the decline from 9.15.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 9.15.2022 high, wave 1 ended at 17429.7 and rally in wave 2 ended at 17919.30. Index then resumes lower in wave 3 towards 16820.40, rally in wave 4 ended at 17026.05, and final leg lower wave 5 ended at 16747.70 which completed wave (1).

NextEra Energy Inc. ticker symbol: $NEE is an electric power and energy infrastructure company. The company was founded in 1984 and is headquartered in Juno Beach, FL. It operates through the following segments: FPL and NEER. The FPL segment engages primarily in the generation, transmission, distribution, and sale of electric energy in Florida.

The series of rate hikes by the Fed has provided a challenge for the World Indices. World Indices continue to make a series of lower low since they formed the peak in 2021. One of the popular vehicles to trade Indices is QQQ. Invesco QQQ is an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index™. The Index includes the 100 largest non-financial companies listed on the Nasdaq based on market cap. Below we will take a look at the Daily Elliott Wave chart for QQQ which favors further downside overall.

Short term Elliott Wave view on Nasdaq (NQ) shows an incomplete bearish sequence from 11.22.2021 high favoring further downside in the higher time frame. Near term, cycle from 8.16.2022 high has ended and the Index is now rallying to correct this cycle in 3, 7, or 11 swing before the decline resumes. Down from 8.16.2022 high, wave (A) has ended at 10485.39 as the 45 minutes chart below shows.