1 WEEK TRIAL FOR $1.00
I have been asked a few times if there is a free week trial. The simple answer is that is no free trial, the reason is that people take advantage of my good will. As when you offer something for free, what happens is people take...Read More »
Elliott Wave Analysis of TWM (ProShares UltraShort Russell 2000)
The recent gyrations between Jun – Aug 2018 appear to count well enough as a running triangle. For those readers that have some knowledge of Elliott Wave, will note that a triangle is a very common pattern for a 4th wave of an impulse wave. I...Read More »
RUSSELL 3000 vs SPX
“The Russell 3000 tracks the performance of the 3000 largest US traded stocks which represents about 98% of all US incorporated equity securities” Source – Google.
Essentially that means the Russell 3000 is a fair representation of the US stock market, so if the advance...Read More »
Elliott Wave Analysis of XLY (The Key to AMZN)
According to ETF.com AMZN represents 24.37% of XLY, so it stands to reason that whenever AMZN reverses and moves lower, we should also see a sustained move lower on XLY. I have been tracking XLY for clues to both AMZN and the NDX. Based on the...Read More »
Elliott Wave Analysis of the INDU (Dow Jones Industrial Average)
There are number of ways to count the recent gyrations, one such way is to suggest an expanded flat from the Feb 2018 lows. The initial rally into the Feb highs appears to be in 3 waves. The subsequent decline into the Apr 2018 lows can...Read More »
Elliott Wave Analysis of USDDKK (ADDED USDPLN )
When I look at counting the DXY, I also try to correlate the idea I am working with on the DXY with many of USD$ pairs such as USDPLN and USDDKK. The pattern on USDDKK appears to suggest the recent spike is a post thrust from...Read More »
Elliott Wave Analysis of Chipotle Mexican Grill (CMG)
In the last post on this stock I was targeting new highs and tracking a couple of ideas, incidentally the gyrations now appear to suggest a running examined flat could have taken place to end wave 4 and the new high is wave 5. If you...Read More »
Elliott Wave Analysis of Roper Technologies
The sideways price action over the last 4-6 months appears to suggest a triangle, so that would fit well for a 4th wave of an impulse, the strong upside is a classic post thrust from a triangle. In Elliott wave terms we label that as a...Read More »
Elliott Wave Analysis of Boeing (BA)
In the last post I did on this stock I mentioned 3 ideas that could be possible, fast forward and whilst we have many swings over the last 2-3 months, the actual price action is no further forward, it’s pretty much moved sideways. The recent gyrations...Read More »
Elliott Wave Analysis of AUDUSD
Is now the time to be buying AUDUSD?
I have been working the idea of an impulse wave (5 wave decline) from the Jan 2018 highs; the recent sideways rice action is reminiscent of a possible triangle. For those readers that have some knowledge of Elliott Wave...Read More »