How Sid Norris of ElliottWavePredictions.com Correctly Forecasted Market Direction Both Before and After the Brexit Vote
How I Correctly Forecasted Market Direction Both Before and After the Brexit Vote: Many traders have been surprised by two events recently. First, the surprise Brexit vote on Friday, June 22 (overnight, before the US markets opened), and second, the surprise stock market bounce starting on Tuesday, June 26. Here are the EXACT communications I sent out […]
Hurst Cycle Analysis of the S&P-500 (SPX), starting at the year 1966 high (by Sid from ElliottWavePredictions.com)
It’s been a while since I posted to the free blog, so here’s an update on the current Hurst Cycle analysis of the S&P-500. I’m basically tracking two different analyses. One starting at the year 1980 high, which I showed in my last post, and the one I’ll be showing in this post, which starts […]
Highlights from Sid’s January 10, 2016 “Counts” Webinar – from ElliottWavePredictions.com
Highlights from Sid’s January 10, 2016 “Counts” Webinar, featuring the Dow Jones Industrial Average and S&P-500 – from ElliottWavePredictions.com. A week ago, I posted highlights from the January 3 “Counts” webinar, indicating that I thought the week of Jan 4-8 would be a strong down week in the stock markets. As it turned out, the […]
Sid’s Combined Elliott Wave & Hurst Cycle Analysis of the S&P-500 (SPX) from his January 3, 2016 “Counts” Webinar – ElliottWavePredictions.com
Sid’s Combined Elliott Wave & Hurst Cycle Analysis of the S&P-500 (SPX) from his January 3, 2016 “Counts” Webinar – ElliottWavePredictions.com. The 5-minute video clip below is from my January 3, 2016 “Counts Webinar. Did your current subscription service predict strong downside continuation to new lows below the November and December lows in stocks this […]
Replay of the November 30 Hurst Cycles Webinar – Sid Norris, guest presenter
I had the distinct pleasure of appearing as the guest presenter in yesterday’s weekly Hurst cycles webinar. David Hickson, the creator of Sentient Trader software typically holds these free webinars every Monday and was kind enough to invite me to participate as guest presenter. During the webinar, I discuss why I consider October 2011 to […]
Elliott Wave Analysis of the Nasdaq 100 Index ETF (QQQ) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Nasdaq 100 Index ETF (QQQ) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. There are several ways to track the Nasdaq. Today I’m showing the Powershares QQQ Trust, which generally tracks with the Nasdaq 100 Index. First, let’s take a look at a long-term (monthly) chart: The most […]
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. After plunging 12.48% from May 20 through August 24, the S&P-500 it has now recovered over 84% of that drop. Will the rally continue? There are several technical signs the market may be ready to roll over again: […]
Have We Seen the Top in the S&P-500? Let’s Take a Look . .
Have we seen the top in the S&P-500? Possibly, but not quite yet in my opinion. As you all know, I utilize a combination of several technical analysis tools to predict price movements in the markets. Those tools include Elliott Wave and its associated Fibonacci price targets, Hurst cycle analysis, MACD divergence, RSI overbought/oversold, support […]
Quick SPX Elliott Wave Update from Sid @ ElliottWavePredictions.com
Quick SPX Elliott Wave update from Sid @ ElliottWavePredictions.com. Click on the chart twice to enlarge. As my regular paid subscribers know, the main count for several months in the SPX (S&P-500) has been that a black wave 5 ending contracting diagonal has been underway ever since the mid-October black wave 4 low. Today’s price […]
Elliott Wave and Hurst Cycle Analysis of the U.S. Stock Market by Sid from ElliottWavePredictions.com
Elliott Wave and Hurst Cycle Analysis of the U.S. Stock Market by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Many Elliotticians (including myself) regard the Y2K peak in stocks as the Supercycle wave 3 top. Supporting evidence includes the record-high RSI reading at that peak, as shown on the quarterly DJIA chart below. While many times, […]