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. As many of you are aware, I think that since the DJIA started in 1896, supercycle wave 1 ended in 1929 as a leading diagonal with a huge wave 5 throw-over, then supercycle wave 2, a 90% […]
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. With the expectation for additional QE from the Fed reaching a fever pitch, I thought I would show this count one last time, with a reasonable understanding that it is very near invalidation. Everybody and their […]
Elliott Wave Analysis of the Shanghai Composite Index (SSE) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Shanghai Composite Index (SSE) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The Shanghai composite Index is showing a number of technical reasons why it may have bottomed last week. For one thing, Wave C black appears to have turned after reaching exact equality with wave A […]
Elliott Wave Analysis of the US Dollar Index (DXY) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the US Dollar Index (DXY) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. While the 240 minute bullish divergence shown in yesterday’s chart of the US Dollar Index portends an imminent turn toward US Dollar strength, close inspection of the wave structures since the orange wave 3 bottom […]
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 charts twice to enlarge. While it appears that the August high will hold in the DJIA, as I’ve been showing in my weekend “Counts” webinar the last two weeks, the S&P still has a last-ditch chance of making a slight new high […]