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 to enlarge. From 1966 through 1974, the Dow Jones Industrial Average carved out a cycle-degree fourth wave expanding triangle (shown on the quarterly chart below). In expanding triangles, each lettered wave makes a new extreme. Wave B […]
Technical Analysis is Suggesting that the Russell 2000 is Very Near a Significant Top
Technical Analysis is Suggesting that the Russell 2000 Index (RUT) is Very Near a Significant Top. Combined Elliott Wave and Hurst Cycle Analysis of the Russell 2000 Index (RUT) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. When examining the Russell 2000 index since 1998 on a monthly (semi-log) chart (shown below), a […]