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. Up from the May 17 low, wave w (pink) was a corrective “three”, and subsequent downward movement to green “a” did not reach a 90% retracement. The Euro therefore appears to be extending wave 2 blue […]
Elliott Wave Analysis of GDX (Gold Miners ETF) by Sid from ElliottWavePredictions
Elliott Wave analysis of GDX (Gold Miners ETF) by Sid from ElliottWavePredictions. Click on the chart twice to enlarge. GDX looks to continue lower, with the next large-degree Fibonacci target at 18.50 (where blue C will equal blue A times 2.618). The movement to the downside since September 2012 appears to be a 5th wave […]
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 charts twice to enlarge. The Dow hit my triangle thrust target of 15261.35 today, and while Elliott Wave thrust-from-triangle targets are guidelines and not rules, the market is respecting the level so far. The upward movement in the […]
Elliott Wave Analysis of Caterpillar Inc. (CAT) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Caterpillar (CAT) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since February 2012, CAT has been sporting 5-wave impulses to the downside, and 3-wave corrective structures to the upside, essentially amounting to a very bearish nested 1-2. Look out below! Services Offered by ElliottWavePredictions.com: EWP ScreenShots Weekly “Counts” […]
Elliott Wave Analysis of the Dow Jones Transportation Average by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Dow Jones Transportation Average by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The “reporters” at the most prominent financial TV news network have lately been chirping about Dow Theory, the oldest known form of technical analysis of the markets, proclaiming that new highs in both the Transports […]
Three Charts Suggesting a Top in US Equities and in Junk Bonds, and the Resumption of a Huge Move Up in the US Dollar (by Sid from ElliottWavePredictions.com)
Three Charts Suggesting a Top in US Equities and in Junk Bonds, and the Resumption of a Huge Move Up in the US Dollar (by Sid from ElliottWavePredictions.com). Click on the charts twice to enlarge. The attached charts show that US equities and Junk bonds are both at trendline resistance after possibly complete terminal patterns, […]
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. Many, including myself, have been counting 5 waves up from the November 16 low, and have been expecting that that would be followed by downward movement. Then yesterday, a very slight new high appears to give the […]
