Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
I have main and alternate wave counts to show today for the S&P-500. The main count was first presented here in the August 9 2011 post, except that the Burgundy wave B has been drawn out and expanded ridiculously by an unprecedented level of central bank manipulation of the markets. It shows that Burgundy wave B is very close to completion. The alternate […]
Elliott Wave Analysis of the Nasdaq Combined Composite Index (COMPQ) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Nasdaq Combined Composite Index (COMPQ) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. As bullish as the other U.S. stock indices seem at the moment, the top in the Nasdaq back on September 21 is still holding. That peak, the highest achieved in the Nasdaq since November […]
Elliott Wave Analysis of the Russell 2000 Index by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Russell 2000 Index by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The Russell 2000 index is showing several technical reasons why a top may be “in”, or quite near: The choppy, overlapping, corrective movement since the October 4 2011 low counts best in my opinion as a completed […]
Quick Elliott Wave Update on the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com
Quick Elliott Wave Update on the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since my last post regarding the British Pound, it appears we’ve seen 5 waves down, and a 50% retracement. This is a textbook short setup, with the objective to catch what is expected to be a very […]
Elliott Wave Analysis of the USD/JPY Currency Pair and 30-year T-Bonds by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the USD/JPY Currency Pair and 30-year T-Bonds by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The first week of 2013 was very important for the USD/JPY currency pair and U.S. Treasuries. Last week, the combination of continued weakness in the Yen and renewed US Dollar strength pushed the […]
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. Before chasing today’s huge move in equities to the upside, one might want to consider the pattern in the British Pound. The triangle that started in January 2009 has managed to last almost 48 full months […]