Elliott Wave Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The up-slanting chop since March 19 in the DJIA meets all the rules of a completed ending expanding diagonal. Wave 3 (green) is longer than wave 1, wave 4 is longer than wave 2, […]
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 charts twice to enlarge. Since my last free post about the British Pound on January 10, when the pair was at 1.6166 and I suggested that a very sizeable move to the downside was imminent, Cable has moved southward by over […]
Elliott Wave Analysis of Junk Bonds (JNK) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Junk Bonds (JNK) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. From a purely technical standpoint, I’ve rarely seen a more compelling intermediate-term short setup than in junk bonds right now. A 5-wave non-overlapping impulse down though March 2009 was followed by a choppy, overlapping, corrective recovery in […]
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Beware of being overly bearish the euro right here. The break lower since February 27 could be a false breakout (known in Elliott Wave as wave B of an expanded or running flat). So far, it […]
