Caterpillar Inc. Stock ($CAT) bounce is a Bull Trap. More Downside should take place soon.

Caterpillar Inc. Stock ($CAT) bounce is a Bull Trap. More Downside should take place soon.Good day Traders and Investors. In today’s article, we will look at the past performance of Caterpillar Inc. ($CAT). In our last article we explained that the stock has reached the Blue Box area where a bounce can happen. This is how we saw it back in Sep 2022.

Elliott Wave Forecast: Gold Miners Junior Stock (GDXJ) Looking to Form Bottom

Elliott Wave Forecast: Gold Miners Junior Stock (GDXJ) Looking to Form BottomGold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there’s recent indication that the world’s central banks may reduce the pace of the hike due to the rising probability of a recession. In this update, we will look at the technical outlook in Gold Miners Junior (GDXJ). We will use Elliott Wave to do the analysis.

Amazon Stock $AMZN Elliott Wave Forecast: Calling For A Further Decline

Amazon Stock $AMZN Elliott Wave Forecast: Calling For A Further DeclineHello fellow traders. As our members know, Amazon stock has completed 5 waves structure in the cycle from the 146.61. We were calling for a 3 waves bounce against the mentioned high after which we expected the price in stock to drop toward new lows. In previous blog on Amazon we shown how we called decline due to incomplete bearish sequences. In this technical article we’re going to take a quick look at the more recent Elliott Wave charts . We recommended members to avoid buying the stock and keep favoring the short side . Let’s take a look at the charts

The best ETFs to buy in anticipation of lower inflation. Direxion Daily 20+ Year Treasury Bull 3X

The best ETFs to buy in anticipation of lower inflation. Direxion Daily 20+ Year Treasury Bull 3XDirexion 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.

Goodyear Stock: Tyre leader with more than 50% growth potential

Goodyear Stock: Tyre leader with more than 50% growth potentialThe 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.

Russell 2000 Index Price Online | RUT Indices Futures Chart

Russell 2000 Index Price Online | RUT Indices Futures ChartRussell 2000 stock index futures price online. Quotes on the chart online. Composition and characteristics of Russell 2000, examples of index ETFs following Russell 2000. Russell 2000 is a US stock index covering about 2,000 of the smallest Russell 3000 companies by capitalization, which includes most of the largest US issuers. Russell 2000 Index is called a barometer showing the state of small-cap companies in the US. The structure of the index is reviewed annually in order to exclude companies with increased capitalization from it. The index is calculated and maintained by FTSE Russell, a subsidiary of the London Stock Exchange (LSE).

Elliott Wave Forecast: USDJPY Looking for Double Correction

Elliott Wave Forecast: USDJPY Looking for Double CorrectionShort 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.

Elliott Wave Forecast: IBEX Soon Reaching Resistance Area

Elliott Wave Forecast: IBEX Soon Reaching Resistance AreaIBEX 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.

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