Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Today’s rally moved higher than I thought it would, so despite there having been no invalidation of yesterdays’s wave count, the question must be asked: What if the July 19 high is […]
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My main wave count for the S&P expects a big up-day tommorow, likely completing a 50 to 61.8 percent retracement of the 5-wave non-overlapping downward impluse that occurred between July 19 and July 24. The most likely […]
Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Although a bearish leading diagonal starting with a “three” is possible, a 5th green wave down would certainly add a lot of confidence to this wave count . . Sid http://elliottwavepre.wpengine.com
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
Here’s a quick update of my main hourly count for the S&P . . Sid http://elliottwavepre.wpengine.com
Another Quick Update on GBP/USD
It looks like the Pound is going to try to smoke out every short it can before continuing to the downside. The strong upward movement today appears most likely to be the terminal thrust from a wave 4 triangle. Based on the size of the triangle, the upside target is 1.5767. Any movement below 1.5580 […]
Quick Update on GBP/USD
Here’s a quick update on the GBP/USD currency pair. Click on the chart twice to enlarge. It looks like cable is carving out an expanded flat for wave 2 green, which will delay the resumption of strong downward movement for a couple of days. Explanations and invalidation points are on the chart. Sid
Elliott Wave Analysis of the GBP/USD (British Pound) Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the GBP/USD (British Pound) Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. It is difficult to imagine a more bearish Elliott Wave scenario for the British Pound right now. The same goes for the Euro. The charts speak for themselves. The ramifications of the strengthening dollar […]
Elliott Wave Analysis of the Dow Jones Industrial Average (YM futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Industrial Average (YM futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My main Elliott Wave count for the Dow Jones Industrial Average (YM futures contract) is that 5 green waves down are complete from the July 5 high, with wave 5 green carving […]
Elliott Wave Analysis of the Nasdaq 100 (NQ futures contract) by Sid from EllliottWavePredictions.com
Elliott Wave Analysis of the Nasdaq 100 (NQ futures contract) by Sid from EllliottWavePredictions.com. Click on the chart twice to enlarge. The last 24 hours have brought further clarity to several of my equity and currency Elliott Wave counts. For instance, the NQ futures contract has now retraced almost exactly .618 of the clear, non-overlapping impulse down […]