Latest Insights

Updates, webinar recordings, guides, videos, and public market commentary from the Elliott Wave Plus team.

• State of the Markets Webinar – August 2026

  Our State of the Markets Quarterly Webinar. Ratio charts, and how they are strongly suggesting which specific sectors will benefit from the current massive market rotations.

  August 7, 2026

• One Accident Away – Live Market Analysis Webinar Recording

  On May 22, 2026, Sid Norris of Elliott Wave Plus was the guest panelist and presenter for a Substack Webinar held by long-time money manager and market analyst Tim Fortier.

  May 22, 2026

• The Mega-Cap Mirage

  The chart suggests leadership exhaustion in mega‑cap tech. In Elliott‑wave terms, the setup argues for a retracement back to the wave‑4 extreme, which implies a meaningful pullback in the cap‑weighted S&P.

  May 18, 2026

• Momentum Algos and Automated Trading Webinar

  Over the ten days since, ALL of these forecasts turned out to be right on the money. NFLX almost immediately rallied over 30%, MSFT bottomed and has rallied 7%. Energy continued to rally big. The dollar is up impulsively. It was only today (March 4) that the talking heads on financial propaganda TV started talking seriously about a rotation back into tech

  April 22, 2026

• Calling The Rise In Tech Stocks

  Over the ten days since, ALL of these forecasts turned out to be right on the money. NFLX almost immediately rallied over 30%, MSFT bottomed and has rallied 7%. Energy continued to rally big. The dollar is up impulsively. It was only today (March 4) that the talking heads on financial propaganda TV started talking seriously about a rotation back into tech

  March 5, 2026

• Elliott Wave Analysis: S&P 500 Approaching Key Resistance

  Our latest analysis suggests the S&P 500 is nearing a critical inflection point...

  February 20, 2026

• Hurst Cycles Point to Gold Breakout

  Synchronized Hurst cycles across multiple timeframes suggest gold is set for a significant move...

  February 18, 2026

• Understanding Multi-Timeframe MACD Divergence

  A comprehensive guide to reading and interpreting multi-timeframe MACD divergence signals...

  February 15, 2026

• Our State of the Markets Quarterly Webinar

  Our State of the Markets Quarterly Webinar. Ratio charts, and how they are strongly suggesting which specific sectors will benefit from the current massive market rotations.

  February 6, 2026

• EWP Premium Plan Webinar Recording – October, 2025

  The October 2025 Quarterly Premium Plan webinar is now available to everyone! Please watch and subscribe to our content.

  October 23, 2025

• Sid’s Timing Reseach Presentation – Out with the Old & In with the New, The Great Rotation Underway NOW – Sept 26 2025

  During this one-hour presentation, Sid reveals his combined Elliott Wave and Hurst Cycles roadmaps on the S&P-500, gold, silver, the US dollar, each of the Mag-7 stocks, crude oil, natural gas, Bitcoin and more! Current sentiment and breadth extremes are discussed at length. Sid also shows several ratio charts that clearly reveal the beginnings of a massive rotation from the carry-trade bubble stocks to selected metals and energy ETFs. Also promised is a half price offer for first-time subscribers

  September 27, 2025

• Our Weekly “Counts” Webinar – April 19, 2025 – The entire recording

  We usually hold a quarterly Premium Plan webinar a couple of weeks after the end of each calendar quarter, but this time, at this critical juncture in the markets, we are posting the recording of our most recent weekly “Counts” webinar as a free sample of our work.

  April 23, 2025

• Elliott Wave and Hurst Cycles Event Presentation

  How Our Method of Combining Elliott Wave and Hurst Cycle Analysis is Far Superior to Elliott Wave Theory when used in isolation.

  February 28, 2025

• Synergy Traders Presentation – Elliott Wave Plus

  Who are the Commercials? What is their trading objective? Why Commercials positioning in Commodities are the most important Commercials to track. Check out Sid’s presentation here.

  February 3, 2025

• EWP Premium Plan Webinar Recording – January 16, 2025

  We have included our re-optimized AMA Algo results as always! Please use the download link below so you can view/sort the results as you see fit. We have included a special offer to any new subscribers as well. If you’re interested in subscribing to Elliott Wave Plus, we have conveniently provided you a link to our pricing page. Thank you for supporting us!

  January 20, 2025

• EWP Premium Plan Webinar Recording – October 17, 2024

  We have included our re-optimized AMA Algo results as always! Please use the download link below so you can view/sort the results as you see fit. We have included a special offer to any new subscribers as well. If you’re interested in subscribing to Elliott Wave Plus, we have conveniently provided you a link to our pricing page. Thank you for supporting us!

  October 17, 2024

• Elliott Wave Presentation for Synergy Traders

  Our unique approach is well worth consideration, especially if you’ve never experienced wave labeling and associated Fibonacci price targets that are derived in harmony with independent Hurst cycle analysis. Here’s more info about subscribing.

  September 17, 2024

• Elliott Wave Hub Bi-Annual Event

  We offer four subscription levels. The Premium Plan includes everything we do including daily momentum algo trade signals on over twenty items, as well as daily screenshots of our proprietary Sentiment Conditions template. The Pro and Premium plans include future roadmaps based on a combination of Elliott Wave and Hurst Cycles, as well as a “live” weekly Counts webinar. The Basic Plan includes the Elliott wave + Hurst cycles screenshots only (twice-per-week), but no weekly webinar. The entry level Trend Plan offers daily trend analysis (but no Elliott Wave or Hurst) on many popular items, plus momentum algo signals on Cryptos. It DOES include Elliott Wave daily and weekly counts on Bitcoin.

  August 28, 2024

• EWP Premium Plan Webinar

  We have included our re-optimized AMA Algo results as always! Please use the download link below so you can view/sort the results as you see fit. We have included a special offer to any new subscribers as well. If you’re interested in subscribing to Elliott Wave Plus, we have conveniently provided you a link to our pricing page. Thank you for supporting us!

  July 19, 2024

• Highlights from Sid’s Weekly Counts Webinar

  During Sid’s June 30, 2024 weekend webinar, Sid Norris of ElliottWavePlus.com showed what a bullish wave count would look like if the S&P-500 was in the process of carving out a 5-wave non-overlapping impulse starting from the March 2020 low. Spoiler Alert: The wave 3 up from that low has a wave target of 18,500 !!!

  July 1, 2024

• Elliott Wave Plus – Quarterly Premium Plan Webinar – April, 2024

  The session gave very specific information about the design of our proprietary momentum algos, as well as our proprietary Sentiment Conditions screenshots. As always, several of our combined Elliott Wave / Hurst cycle analysis roadmaps on popular tradable instruments was revealed. Be sure to view and/or download the spreadsheet that shows the most recent backtest results on our optimized algo trading signals below.

  April 25, 2024

• Elliott Wave Hub Event

  Another bi-annual Elliott Wave Hub Event is in the books, and Sid Norris was the first presenter of the day, February 13, 2024. During his presentation, Sid offered a glimpse of what we provide subscribers inside our four different levels of service. He also showed his current Elliott Wave counts and associated Fibonacci price targets on the Dow Jones Industrials. Transports, and Utilities, as well as the S&P-500, XLF financials, GDX gold miners, and a Hurst Cycle analysis of the US Dollar Index. The markets are at or near a protentional turning point! A special, limited time offer was also presented for new subscribers.

  February 15, 2024

• Quarterly Premium Plan Webinar – January, 2024

  Premium Webinar July 2023. Included in tonight’s edition is Sid’s Elliott wave counts on many popular tradable items. Click the link below.

  January 10, 2024

• Dow Jones Industrial Average Call – October 29, 2023

  Here’s a video clip of the October 29, 2023 webinar, where Sid predicted the 500 point up day in the Dow Jones Industrial Average.

  October 31, 2023

• Premium Plan Webinar Recording – October 10, 2023

  Premium Webinar July 2023. Included in tonight’s edition is Sid’s Elliott wave counts on many popular tradable items. Click the link below.

  October 12, 2023

• Elliott Wave Plus – Premium Plan Webinar Recording – July 20, 2023

  Premium Webinar July 2023. Included in tonight’s edition is Sid’s Elliott wave counts on many popular tradable items. Click the link below.

  July 21, 2023

• Elliott Wave Hub Presentation – June 27, 2023

  During this presentation, Sid showed his current wave counts on the Dow Jones Industrial Average, the S&P-500, Bonds, and Gold.

  July 6, 2023

• Elliott Wave Charts – Is Food Inflation Over?

  Welcome to a new blog post series entitled, Elliott Wave Charts – Sentiment Conditions! If you want to learn more, please visit ElliottWavePlus.com and visit our Youtube channel.

  April 25, 2023

• Premium Webinar April 2023

  Premium Webinar April 2023. Included in tonight’s edition is the spreadsheet showing the 3-year algo backtest results. Click the link below.

  April 14, 2023

• Elliott Wave Hub Presentation

  During this presentation, Sid showed his current wave counts on the Dow Jones Industrial Average, the S&P-500, Bonds, and Gold.

  February 17, 2023

• Why Our Trading System is Superior to Others

  We avoid directional bias by utilizing a combination of dissimilar but robust technical analysis tools and have developed a mix of the specific tools most likely to provide timely trading setups.

  January 18, 2023

• The Stock Market is Entering 2023 at a Critical Juncture

  The Stock Market Is Entering 2023 At A Critical Juncture Summary There is a cluster of three large-degree Fibonacci targets that suggest that the Dow Jones Industrial Average has not completed 5-waves up from the 1932, 1974 & 2009 lows yet. The March 2020 low was an intermediate-degree (black) wave 4 low. There are two potential ways the market can finish a 5-wave structure up from that low. Shorter-term, I’ve been tracking three potential wave counts for the S&P-500. The market could eliminate up to two of those counts during the first few weeks of the new year. Our method of combining Elliott wave and its associated Fibonacci price targets, Hurst cycle analysis, sentiment extremes, momentum, volume signatures and more provide higher confidence trading forecasts than Elliott wave theory when used alone.

  December 31, 2022

• What’s Driving the Markets this Year?

  What’s been driving the markets this year? If your market research consists primarily of watching financial television channels, you’d swear that the Fed must be controlling all market movements like it was a puppet master! The vast majority of TV pundits will answer questions about where the market is going next with at least some mention of the Fed. Let’s look at all the Fed’s rate changes so far this year to see if they are producing consistent buy or sell signals for investors and traders.

  October 19, 2022

• How to Utilize Elliott Wave Plus

  Welcome to the October 2022 Quarterly Premium Plan Webinar. These quarterly events are Elliott Wave Plus’s most anticipated events. Our current subscribers find these recording extremely useful, as do our free visitors at ElliottWavePlus.com. This video and blog will show how to best utilize our service offerings here at Elliott Wave Plus and will help new subscribers decide which subscription tier is right for them.

  October 19, 2022

• Accurate Predictive Technical Analysis

  Elliott Wave Plus continues its hot streak when it comes to technical analysis and future roadmaps on multiple stocks and sectors.

  September 13, 2022

• Quarterly Premium Plan Webinar and Sortable Spreadsheet – Aug 4, 2022

  We believe our sentiment condition screenshots are so amazingly valuable to traders, we wanted to spend some time showing viewers how to read those charts, and how to utilize them in your trading. These charts show DSI (retail positioning), and multiple measures of commercials (the producers/hedgers) positioning. As we all know, retail traders are notoriously positioned on the wrong side of trade at major turns. Knowing retail vs commercial is crucial when timing your trades.

  August 7, 2022

• All About our Improved Nightly “Sentiment Conditions” Screenshots – from Elliott Wave Plus

  It’s time for the Elliott Wave Plus Quarterly Premium Plan Webinar! Our Premium Plan is best known for supplying automated trade signals on about twenty different trade-able instruments to subscribers on a nightly basis. However, our longtime Premium Plan subscribers are telling us that our new, improved nightly “Sentiment Conditions” screenshots are easily worth the price of the subscription alone. See for yourself! We’ll spend most of the time in this online seminar revealing all aspects of our new improved Sentiment Conditions nightly screenshots. We’ll show how they can help subscribers become better informed about Commercials vs. Retail sentiment positioning, and how that knowledge can be extremely valuable when making trading decisions. Time will be allotted for Q&A.

  April 27, 2022

• Are Interest Rates Topping? Has Inflation Peaked?

  The following video clip from our April 10, 2022 Weekly Counts Webinar provide timely food for thought on those two questions. Possible conclusions are based on Elliott wave theory and its associated Fibonacci price targets, multi-decades trendlines (on semilog charts), and current sentiment conditions. Rising Interest Rates and Inflation are all over the news. Conventional expectations of the directional market reactions to news have been consistently wrong. Investors are confused and worried. It’s time to get technical. Technical analysis eliminates the worry and confusion. It ignores mainstream financial media, and their ridiculous, news-based explanations of why the market moves up and down. Elliott Wave theory, Cycle analysis and Sentiment Conditions are more important to traders and investors now than ever before. The attached video clip was recorded on Sunday, April 12, and was a small portion of Sid’s Weekly Counts Webinar for ElliottWavePlus.com subscribers (Pro Plan and up). In the video, Sid Norris examines TNX (bond yields), and TIP (Treasury Inflation Protection bonds). Are rates going to continue to skyrocket unabated? Is the aggressive inflationary period over? Additional evidence of Sentiment extremes in bonds were presented later in the webinar. Here are current screenshots of current Sentiment Conditions in the ZB contract (30yr bonds), the ZN contract (10yr bonds), and the Japanese Yen, which is historically highly correlated with bonds. These screenshots show that Commercials are expecting rates to top about now (and bonds bottom), while retail traders, who are almost always wrongly positioned at major trend changes, think that rates will continue to aggressively rise. Premium Plan subscribers receive Sentiment Conditions screenshots on many tradable items nightly. Every Wednesday and Sunday, we provide EWP Screenshots to subscribers (Basic Plan and up) on over two dozen popular trading instruments. The following are the last nine of those for the S&P-500, starting Feb 23, 2022, the day before the first shots were fired in the Russia – Ukraine war:

  April 13, 2022

• How Accurate has Elliott Wave Plus been on the S&P-500 recently?

  How accurate has Elliot Wave Plus been on the S&P-500 Recently? Here are our nine most recent EWP Screenshots of Sid’s predictive roadmaps for the S&P-500 Every Wednesday and Sunday, we provide EWP Screenshots to subscribers (Basic Plan and up) on over two dozen popular trading instruments. The following are the last nine of those for the S&P-500, starting Feb 23, 2022, the day before the first shots were fired in the Russia – Ukraine war:

  March 25, 2022

• Quarterly Premium Plan Webinar – January 25, 2022

  It’s the first quarter of 2022, which means you’re in luck! The quarterly premium-plan webinar is now available for everyone to watch! If you’re new to Elliott Wave Plus, this is a chance for everyone to view an in-depth webinar where Sid goes over everything our premium plan subscribers get on a nightly basis! Every 3 months, Elliott Wave Plus reoptimizes it’s proprietary algos to the most current 3-year backtest results. In this blog, you will see all of the items covered on the nightly algo report, and which items have had the best results. Spoiler alert, the S&P-500 equivalent (SPX ES) had some amazing results! There were plenty of interesting topics discussed during the live webinar, so we encourage you to watch the entire video. Also, Sid has a special promotion for anyone interested in his most recent 4+ HOUR weekly counts webinar, where he goes over all of his Elliott Wave counts and associated Fibonacci price targets, for many of the world’s major stock markets, commodities, currencies, and bonds. Hurst Cycle analysis is also considered on virtually all items. The Premium Plan consists of: Nightly screenshots on over 20 trading instruments (stock index futures, commodities, currencies, bonds, etc.), showing the most recent momentum buy/sell signals, change stop to trailing indicators, and/or exit trade suggestions. Please visit ElliottWavePlus.com to see the full list of items covered. Sentiment positioning on all items that contain sentiment data. A nightly summary report including algo signals, sentiment conditions, Sid’s Elliott wave roadmap, and Hurst Cycle analysis on twenty items. A nightly email letting subscribers know that today’s signals are available to view and download. You’ll also be able to download a sortable excel spreadsheet showing the most recent 3-year backtest results. This sortable chart shows everything!

  January 26, 2022

• More Profitable Algo Trade Signals – KBE

  Elliott Wave + Hurst had been projecting upward movement ever since the December 20th low. See how our algo caught this move to the upside.

  January 14, 2022

• Dow Jones Industrial Average | Comprehensive Technical Analysis

  Dow Jones Industrial Average – Comprehensive Technical Analysis Today’s video post is an excerpt of our January 2, 2022 weekly Counts webinar for Pro and Premium Plan subscribers at ElliottWavePlus.com. This excerpt consists of Sid’s highly detailed coverage of the Dow Jones Industrial Average. Sid starts by showing a cluster of several long-term Fibonacci targets in the 41-44K range on the Dow. Sid explains that all this market needs to produce that grand Supercycle wave 3 top is a completed 5-wave structure up from the March 2020 low into that long-term target range. At this juncture, it appears that a 5-wave non-overlapping impulse is well underway from that March 2020 low. Hurst cycle analysis is current projecting that a major top will occur in the Dow in approximately late-May 2022. The Hurst projected top on the highly correlated S&P-500 is a little later, in late-Sept 2022.

  January 7, 2022

• GDX Miners Call 2021

  GDX miners coverage 2021. In mid-November of 2021, there was a flood of articles being published around the internet that were extremely bullish gold, silver and the precious metals mining stocks. We know that at the time, there were also numerous self-professed Elliott Wave gurus preferring bullish wave counts. Sid’s use of Elliott Wave and Hurst allowed him to project an accurate GDX roadmap for subscribers.The key to our GDX roadmap was the expectation of a 20-week Hurst cycle PEAK in mid-November. Just as the masses were screaming “GOLD BREAKOUT!”, we were expecting a reversal.Check out the video, which is a great example of Sid’s typical weekly “counts” webinar coverage. Keep in mind, this is coverage over one specific item. Sid goes into detailed analysis on dozens of items every single week. XLE Call Then, more recently, during his August 22, 2021 weekend “Counts” webinar, Sid suggested that the correction since March in XLE had likely ended, and that large-cap oil companies should rally once again for several months, this time out of a larger 18-month Hurst cycle trough. As of today, XLE is up 31.61% from its August 19, 2021 low. The Outcome To put this into perspective, had subscribers bought $10,000 worth of XLE at the open on November 2 ($29.11), and closed that position upon the first appearance of a deeply overbought pink exhaustion stripe on our daily charts (at $52.20 open on March 10, 2021), that 10K would have turned into $17,932, a profit of $7,932. Additionally, had subscribers bought $10,000 worth of XLE at the opening price of $47.00 on August 23, and held until the first pink exhaustion stripe occurred, taking profit at $57.62 on October 22, that would have turned the $10K investment into $12,260, an additional profit of $2,260. Total profit by these two example trades? $10,192. Not too shabby! Our question for you is, if you aren’t a current subscriber, why not? The Premium Plan consists of: Nightly screenshots on over 20 trading instruments (stock index futures, commodities, currencies, bonds, etc.), showing the most recent momentum buy/sell signals, change stop to trailing indicators, and/or exit trade suggestions. Please visit ElliottWavePlus.com to see the full list of items covered. Sentiment positioning on all items that contain sentiment data. A nightly summary report including algo signals, sentiment conditions, Sid’s Elliott wave roadmap, and Hurst Cycle analysis on twenty items. A nightly email letting subscribers know that today’s signals are available to view and download. You’ll also be able to download a sortable excel spreadsheet showing the most recent 3-year backtest results. This sortable chart shows everything!

  December 17, 2021

• XLE Precision Timing 2021

  As a reminder, during his November 1, 2020 weekend “Counts” webinar for Pro and Premium Plan subscribers, Sid Norris of ElliottWavePlus.com suggested that the large-cap Oil companies ETF: XLE would rally big for several months out of a 40-week cycle trough. XLE went on to rally from 101.52% (from 26.98 to 54.37) through March 11, 2022. See our previous YouTube video showing Sid’s call here. XLE Call Then, more recently, during his August 22, 2021 weekend “Counts” webinar, Sid suggested that the correction since March in XLE had likely ended, and that large-cap oil companies should rally once again for several months, this time out of a larger 18-month Hurst cycle trough. As of today, XLE is up 31.61% from its August 19, 2021 low. The Outcome To put this into perspective, had subscribers bought $10,000 worth of XLE at the open on November 2 ($29.11), and closed that position upon the first appearance of a deeply overbought pink exhaustion stripe on our daily charts (at $52.20 open on March 10, 2021), that 10K would have turned into $17,932, a profit of $7,932. Additionally, had subscribers bought $10,000 worth of XLE at the opening price of $47.00 on August 23, and held until the first pink exhaustion stripe occurred, taking profit at $57.62 on October 22, that would have turned the $10K investment into $12,260, an additional profit of $2,260. Total profit by these two example trades? $10,192. Not too shabby! Our question for you is, if you aren’t a current subscriber, why not? The Premium Plan consists of: Nightly screenshots on over 20 trading instruments (stock index futures, commodities, currencies, bonds, etc.), showing the most recent momentum buy/sell signals, change stop to trailing indicators, and/or exit trade suggestions. Please visit ElliottWavePlus.com to see the full list of items covered. Sentiment positioning on all items that contain sentiment data. A nightly summary report including algo signals, sentiment conditions, Sid’s Elliott wave roadmap, and Hurst Cycle analysis on twenty items. A nightly email letting subscribers know that today’s signals are available to view and download. You’ll also be able to download a sortable excel spreadsheet showing the most recent 3-year backtest results. This sortable chart shows everything!

  October 26, 2021

• The Recording of the Elliott Wave Plus Quarterly Premium Plan Webinar – October 19, 2021

  Another quarter has gone by, which means it’s time for Elliott Wave Plus to reoptimize our proprietary algos to the most current 3-year backtest results. In this blog, you will see the everything our Premium Plan subscribers have access to on a nightly basis. The Premium Plan consists of: Nightly screenshots on over 20 trading instruments (stock index futures, commodities, currencies, bonds, etc.), showing the most recent momentum buy/sell signals, change stop to trailing indicators, and/or exit trade suggestions. Please visit ElliottWavePlus.com to see the full list of items covered. Sentiment positioning on all items that contain sentiment data. A nightly summary report including algo signals, sentiment conditions, Sid’s Elliott wave roadmap, and Hurst Cycle analysis on twenty items. A nightly email letting subscribers know that today’s signals are available to view and download. You’ll also be able to download a sortable excel spreadsheet showing the most recent 3-year backtest results. This sortable chart shows everything!

  October 20, 2021

• Gold Mining Stocks – GDX Traded with Precision Timing

  On March 28, 2021, Sid published the above chart of GDX for Elliott Wave Plus Basic Plan, Pro Plan, and Premium Plan subscribers: Sid’s roadmap had GDX ready to bottom in early April, rally through late May, and then pull back sharply into a large Hurst cycle trough due in mid-August. His late-March 2021 main Elliott wave count predicted that the correction that had been underway in GDX since the early August 2020 high would eventually unfold as a WXYXZ triple zig-zag, likely ending in mid-August 2021, in harmony with the Hurst cycle analysis at the time. The chart below is a current GDX weekly (through Sept 13, 2021): This has been our challenge at Elliott Wave Plus, and we have alerted subscribers to several buying opportunities in undervalued sectors on the verge of ripping higher over the past year. We have posted YouTube videos of a couple of these timely alerts over the past year. The first was our call to buy XLE (the large cap oil companies) in late October 2020. (See the post and video here). XLE more than doubled over the following 4.5 months. At the time that we made that call, famous talking heads on financial propaganda TV were vehemently recommending avoiding the sector. The second was our call to buy stocks in the shipping sector in early November 2020. (See the post and video on the shipping sector here.) Many, many stocks in that sector have more than doubled since then as well. In both examples, the sectors were at exceptionally low junctures after being beaten down for an extended period, and almost no one was talking about them. In this post, we will show you another sector buying opportunity that we pointed out to subscribers in late March of this year. GDX (the Gold Miners ETF) has been up as much as 16+% so far since our mid-week (March 31) EWP ScreenShot (for Basic Plan and up subscribers) suggested an imminent turn to the upside. That suggestion that GDX would rally came after the precious metals sector endured seven long months of downside chop. Many of the companies in this recently neglected sector have been nicely profitable all through that multi-quarter correction, so bargain valuations have been easier to find here than in most other sectors. The question is, does this rally have legs, or is it already done? There are many technical aspects we are actively looking at for clues, including a potential bullish 1-2-1-2 wave count from the early-March low, combined with the expectation of future peak and trough dates based on Hurst cycle analysis. We will keep our subscribers aware of our projected future roadmaps on GDX in addition to many tradable items with EWP ScreenShots of our analysis every Sunday and Wednesday (Basic Plan), as well a multi-hour weekly Sunday video (Pro Plan), excerpts of which were used to produce the YouTube video featured in this post. Also shown in the attached video is a potential trade signal and associated multi-indicator setup produced by our proprietary momentum algo on GDX. Our Premium Plan provides screenshots and automated momentum trade signals on twenty popular items every night. Many of our subscribers use these nightly signals as confirmation of our proprietary analysis based on a combination of Elliott wave and its associated Fibonacci price targets, as well as Hurst cycle analysis.

  September 13, 2021

• Thrift Savings Plan TSP

  Thrift Savings Plan | TSP Charts. Elliott Wave Plus is now providing weekly coverage on TSP funds (Thrift Savings Plan). Investing in TSP funds doesn’t have to be passive. Being aware of each fund’s current condition is critical when trying to decide where to invest. We have started charting the five core funds offered in the Thrift Savings Plan and are including two bonus charts each week to help the TSP participants have a broader picture of the overall market. Every week, Elliott Wave Plus will post these charts to the website under the current Trend Plan subscription. Subscribers will receive everything our Trend Plan has to offer, but will also receive the following:VOO – Vanguard S&P-500 VXF – Extended Market Index (small & midsize stocks)VEA – Markets around the globeBND – Total Bond Market VGSH – Short-Term Treasury The Premium Plan consists of: Nightly screenshots on over 20 trading instruments (stock index futures, commodities, currencies, bonds, etc.), showing the most recent momentum buy/sell signals, change stop to trailing indicators, and/or exit trade suggestions. Please visit ElliottWavePlus.com to see the full list of items covered. Sentiment positioning on all items that contain sentiment data. A nightly summary report including algo signals, sentiment conditions, Sid’s Elliott wave roadmap, and Hurst Cycle analysis on twenty items. A nightly email letting subscribers know that today’s signals are available to view and download. You’ll also be able to download a sortable excel spreadsheet showing the most recent 3-year backtest results. This sortable chart shows everything!

  July 20, 2021

• Elliott Wave Plus Premium Plan Algos

  Another quarter has gone by, which means it’s time for Elliott Wave Plus to reoptimize our proprietary algos to the most current 3-year backtest results. In this blog, you will see the everything our Premium Plan subscribers have access to on a nightly basis. The Premium Plan consists of: Nightly screenshots on over 20 trading instruments (stock index futures, commodities, currencies, bonds, etc.), showing the most recent momentum buy/sell signals, change stop to trailing indicators, and/or exit trade suggestions. Please visit ElliottWavePlus.com to see the full list of items covered. Sentiment positioning on all items that contain sentiment data. A nightly summary report including algo signals, sentiment conditions, Sid’s Elliott wave roadmap, and Hurst Cycle analysis on twenty items. A nightly email letting subscribers know that today’s signals are available to view and download. You’ll also be able to download a sortable excel spreadsheet showing the most recent 3-year backtest results. This sortable chart shows everything!

  July 13, 2021

• Inside Look at our Automated Trade Signals

  Time flies! We just crossed over into the second quarter of 2021, and that means we just completed our quarterly updates to our automated momentum algos. Moving forward, the nightly trade signals (produced on all twenty three covered items) will be based on updated backtesting and optimization, to the last three years of data. Premium Plan subscribers receive nightly algo screenshots on all 23 items, and a summary PDF showing the latest algo signals (buy & sell), trade management (stop, trailing stop & exits), commercials vs. retail sentiment positioning, Elliott Wave count, and Hurst Cycle analysis. Visit ElliottWavePlus.com to see the items covered in the Premium Plan, or see for yourself with our sortable Excel spreadsheet.Sortable Excel SpreadsheetBelow is a link to our downloadable spreadsheet, which includes the current 3-year backtest results on all items covered in the Premium Plan at Elliott Wave Plus. Within the table, you can sort by ROI, account size required, maximum closed-out drawdown, winning percentage, net profit, etc. Download and play with the spreadsheet using the link below.April 2021 sortable excel spreadsheet.Algo Signals – Our 3 year backtest resultsAs always, Elliott Wave Plus held a quarterly webinar explaining our propriety automated trading system, and how subscribers can best utilize our services. During the webinar, Sid goes into detail about the most successfully traded items over the past 3 years, as well as many aspects about how the algo was built and produces signals. Watch the video below, and please consider subscribing to our Youtube channel if you enjoy this free content.

  April 16, 2021

• Educational Course: Fibonacci Price Targets

  Our friends at Elliott Wave International have allowed us to share some excellent education content with our subscribers! We are happy to share one of their most popular courses, for free. The 4-hour course teaches traders how to use Fibonacci levels to trade with more confidence. We use Fibonacci price targets extensively in our analysis to form our Elliott Wave counts, and we think you should, too. The Fibonacci sequence provides the mathematical basis of the Elliott Wave Principle. The stock market’s price pattern builds fractally into similar patterns of increasing size. Familiarity with these patterns can prove incredibly useful to investors. In the course, you’ll learn this and more: How the Golden Ratio can help you see trading opportunities. What the most important Fibonacci relationships are. How Fibonacci relationships can help add confidence to your wave count. How to project valuable time and price targets using Fibonacci dividers.

  March 31, 2021

• All About Our Premium Plan Automated Trade Signals

  We’ve made significant improvements to our Premium Plan algorithmic trade signals. Our 3-year back-testing and re-optimization, and algo enhancements has been completed for Dec 1 2017 thru Dec 31 2020, and the results may surprise you! Every quarter, Elliott Wave Plus performs extensive re-coding and backtesting on all aspects of our proprietary algos. We then produce those backtest results via a sort-able excel spreadsheet, which is free and downloadable for everyone. A link to download the spreadsheet is provided below. Also, Sid just held an hour long webinar entitled “All About Our Premium Plan Automated Trade Signals”. This in-depth recording covers everything you need to know about our flagship subscription offering, and how to best utilize the nightly information provided to subscribers. This is a great tutorial for both new & long-time subscribers! Check out the video and download the spreadsheet.

  January 13, 2021

• Elliott Wave Plus | XLE Precision Timing

  Elliott Wave Plus | XLE Precision Timing | A 55% gain in 29 trading days. For more technical analsysis visit ElliottWavePlus.com

  December 15, 2020

• S&P-500 – Almost 500% Return For The Year.

  Trend Report. Elliott Wave Trading – Elliott Wave S&P-500 review. How our algo trade signals produced nearly 500% in gains for the year.

  November 20, 2020

• Trend Following vs Algo Trading

  Every Elliott Wave Plus subscriber receives our trend following charts each night following the close of the U.S stock market. We believe that these trend charts are valuable trading tools, and everyone should be aware of them. But does that make it a perfect system? The short answer is…no. We take a look at our Daily Trend Report charts in direct comparison to our Nightly Algo trade signals. They might look similar, but the Algo signals have one major advantage. You’ll see why in the video below, which is an excerpt of the previous week’s webinar. Premium Plan subscribers receive the Nightly Algo Report every evening, as well as weekly access to Sid’s Elliott Wave “counts” webinar, bi-weekly screenshots, and the Daily Trend Report.

  November 18, 2020

• Trading Using Elliott Wave – Technical Analysis on Baltic Dry Index – Shipping Sector

  Elliott Wave Plus took a deeper look at Baltic Dry Index during the November 8, 2020 weekly-webinar. Pro Plan subscribers were pleased to see an immediate jump, specifically in the shipping sector just one day after the webinar. Check out the excerpt below. Be sure to subscribe for more in-depth technical analysis. Below is a list of items routinely covered by ElliottWavePlus.com. Check out our other resources on educational Elliott Wave trading.

  November 9, 2020

• Quarterly Premium Plan Webinar – October 2020 | A Look at our Algo Signals

  We have reoptimized our algo trade signals! Every quarter, we record a webinar that gives everyone an inside look at our Premium Plan Nightly Algo Report, which includes nightly conditions on dozens of tradable items. The link below will allow you to download our algo-stats sortable Excel spreadsheet so you can see the backtest and optimization results for yourself. All aspects of the Premium Plan are covered in the webinar recording, and Sid adds additional detail about current market conditions, important future trading dates, and much more. Check out the video and feel free to forward this to anyone who might be interested in receiving the Nightly Algo Report.

  October 15, 2020

• How An Experienced Trader Utilizes Our Analysis in His Trading

  How An Experienced Trader Utilizes Our Analysis in His Trading The following trading education document and accompanying chart were provided to us by longtime Premium Plan subscriber “William” yesterday. William is a highly experienced and learned trader, and a multi-decade student of the methods of Larry Williams, Tom DeMark, and others.

  September 9, 2020

• The VIX Predicted a Downturn in the Market – Volatility Index Coverage

  Volatility Index Coverage – Webinar Video Excerpt

  September 3, 2020

• A Beginner’s Guide to Wave Counting | Educational Video

  The following educational presentation was recorded live during a Synergy Traders / TimingResearch.com event held on August 4, 2020. In the one-hour video, Sid Norris of ElliottWavePlus.com focuses on multiple time-frame Dow Jones Industrial Average charts, and shows beginners/intermediates how to develop an Elliott wave count, while using Fibonacci relationships between waves to assist in labeling.

  August 7, 2020

• Quarterly Premium Plan Webinar – July 2020 | A Free Look at our New Algos

  Every quarter, we here at ElliottWavePlus.com record a webinar that gives an in depth look at our Premium Plan Nightly Algo Report, which includes nightly conditions on dozens of tradable items. We’ve been particularly excited about the July webinar because the re-optimized 3-year backtest on our algorithms have improved results across the board, as long as slightly larger stops than normal are used to accommodate the generally elevated VIX levels of 2020. A link below will allow you to download our algo-stats sortable Excel spreadsheet so you can see the backtest and optimization results for yourself. All aspects of the Premium Plan are covered in the webinar recording, and Sid adds additional detail about current market conditions, important future trading dates, and much more. Check out the video and feel free to forward this to anyone who might be interested in receiving the Nightly Algo Report. Thank you and happy trading!

  July 8, 2020

• Exciting New Improvements to our Premium Plan Algos for Subscribers

  We want to keep our most valued subscribers up to date on what is going on behind the scenes here at ElliottWavePlus.com. We are currently re-optimizing the Nightly Report’s algo trade signals to the most current 3-year backtest (6/30/17 thru 6/30/20). Initial backtesting and optimization indicates that the algos generally need to utilize larger stop-losses during recent high volatility. Our combined Elliott Wave and Hurst Cycle roadmaps suggest that higher volatility will continue to be the norm moving forward. We will be holding the Quarterly Premium Plan webinar within a few days to showcase the results of our backtests and re-optimizations. The results after utilizing larger stops thus far have been very positive and are likely to improve future automated trade signal results. We are working feverishly day and night to finish updating the algos, and should be ready for the quarterly Premium/Crypto Plan webinar very soon. Here are a couple of examples of before/after charts.

  July 2, 2020

• Thank You New Email Subscribers! Here’s More Info About Our Paid Subscription Coverage

  Thank You New Email Subscribers! Here’s More Info About Our Paid Subscription Coverage Thank you for signing up for Elliott Wave Plus emails! We try to keep subscribers up to date on what’s going on here at ElliottWavePlus.com without flooding your inbox. Today we would like to show you an inside look at the Pro Plan and Premium Plan subscriptions. As a thank you, we will throw in some bonus material on Crypto currencies, specifically Bitcoin’s Elliott Wave roadmap – a $25 value.

  June 16, 2020

• Elliott Wave Plus Informed Subscribers on Friday Morning of an Imminent Up Move in the Stock Market This Week

  Elliott Wave Plus Informed Subscribers on Friday Morning of an Imminent Up Move in the Stock Market This Week As we were headed into the weekend last week (Friday, May 15), many Elliotticians and market forecasting services were content holding on to their bearish positions regarding the stock market, and specifically the S&P-500. The Fed had previously stated that more measures were likely going to be needed to pull the economy out of its current downturn, Buffett was selling off millions of dollars of shares, and talk of major department stores filing for bankruptcy flooded the news. All of which made a very bearish outlook to almost every market forecaster . . . except from us.

  May 20, 2020

• Quarterly Premium Plan Webinar | Free Bonus Content

  Every quarter here at ElliottWavePlus.com, we hold a live “Premium-Plan” Webinar, and invite all of our paying subscribers at all levels. The purpose of the webinar is to educate subscribers on the vast array of information provided at all subscription levels. During this (April 7, 2020) webinar, we explained the Nightly Algo Report, and revealed the most current optimized (3-year) backtest settings and results associated with our proprietary momentum algo, in downloadable excel format.

  April 8, 2020

• Has Silver Delivered An Important Message About Gold? – Gold & Silver Analysis

  Gold and Silver are traditionally very highly correlated. When one moves up, the other moves up, and vice versa. They may not move the same percentages, but the directionality is typically identical. During Silver’s recent capitulation move to below 12 cents per ounce, a level last seen in Jan 2009, Gold stayed above 1450. If Silver’s “capitulation” is finished, and that idea is supported by the fact that it has already rallied 28% from that low, why would gold puke out now? And yet, those “mainstream” Elliotticians continue to be deadly bearish with their Gold wave count because they think they saw five waves down from 2011 thru 2015. The time to consider the possibility that that was not a 5-wave down structure is WAY overdue, don’t you think? Maybe it was a WXY, or WXYXZ structure. That has been my main wave count all along. Why? Hurst Cycle Analysis. My secret weapon.

  March 25, 2020

• U.S Dollar Index – Algo Trade Signals and Sentiment Positioning 2020

  U.S Dollar Index – Algo Trade Signals and Sentiment Positioning 2020 It’s been another profitable month for our Nightly Algo Report for Premium Plan subscribers here at ElliottWavePlus.com. In this post. we’ll provide an in-depth look at the U.S Dollar Index, and the trade signals that our proprietary momentum algorithm has been producing. Remember, this is just one of twenty popularly traded items covered for our Premium Plan subscribers, who receive screenshots every evening (M-F), along with a summary “check list” PDF. Click here for a complete list of items covered.

  March 6, 2020

• Educational Resources Available To Everyone

  Here’s a look into the most recent weekly “counts” webinar from ElliottWavePlus.com. During this week’s introduction, Sid talks about many of the free resources available at the site.

  March 5, 2020

• Free In-Depth Look At Our Nightly Algo Report

  We’d like to give you a more in depth look at an AMA momentum algo chart that our Premium Plan subscribers received last night, as well as the associated sentiment conditions screenshot and PDF “quick check” summary. All of those items are provided to to Premium Plan subscribers nighty (M-F).

  February 28, 2020

• Who Could Have Predicted This Huge Down Move In The Market?

  On November 15, 2019, the S&P-500 reached 3120 for the first time ever. For the next 63 trading days, the S&P continued relentlessly higher, topping on Feb 19 at 3393. Just four days later, the S&P was back down to 3120, almost instantly erasing three full months of gains! Nobody could have seen that coming ahead of time, could they? We know of at least one person who did.

  February 26, 2020

• Have We Reached An Unsustainable Situation?

  Gold & Bonds are typically correlated. As of this writing, that historic relationship appears to be intact. Compare that to Gold & the U.S dollar. Those two items typically move opposite (inverse) of each other. However, since mid-July 2019, they have generally been moving up and down together. Bonds, which are the most popular alternative to stock ownership in the investment world, typically move opposite of the stock market. However, ever since the start of the new year (2020), stocks, bonds, gold and the US Dollar have all been rallying together. Is this a distortion that has developed because of mid-October 2019 Fed announcement of QE? Many think so. If so however, there was a delayed reaction of 2.5 months.

  February 20, 2020

• Is The Stock Market Losing Upward Momentum?

  The most publicized stock market indices continue to hover near all-time highs, but is this market losing momentum? The answer is YES. Examine the following multi-timeframe screenshots of the Dow Jones Industrial Average (DJIA) with a standard RSI indicator on the bottom of the screen. The loss of momentum is clearly shown in the form of bearish RSI divergence.

  February 14, 2020

• Is a Dow Theory Non-Confirmation In Play?

  The original Dow Theory states that the market is in an upward trend if either the industrial or transportation index advances above a previous important high and is accompanied or followed by a similar advance in the other average. For example, if the Dow Jones Industrial Average (DJIA) climbs to a new all-time high, and the Dow Jones Transportation Average (DJTA) follows suit within a reasonable period of time, the upward trend is confirmed.

  February 12, 2020

• When the Stock Market Goes Down, Gold Goes Up. Right?

  During the Jan 19 webinar, Sid showed an intermediate-term chart of Gold and the S&P-500 Index, one overlaid upon the other. The chart clearly showed that gold and the stock market don’t always move inversely, as many seem to believe. Sometimes the two items move opposite each other, but other times they generally move together, in positive correlation. For instance, since early October 2019, the two items have generally been moving to the upside together. This video clip, taken from that January 19 weekly “Counts” webinar includes Sid’s discussion of the above myth, as well as his chart of Gold vs. the S&P. For those who believe that Gold will “save them” when the stock market crashes next, the video is worthy of consideration. Are there potential trading profits to be made on both the upside and downside of the S&P as well as Gold? Absolutely. But the two items really should be analyzed and traded independently. Bonus screenshot from the January 26 weekly webinar. Notice how highly correlated the S&P and the XAU (Gold & Silver Sector Index) have been since early October.

  January 27, 2020

• The Quarterly Premium Plan Webinar

  Quarterly Premium Plan Webinar 1-17-20. During this free webinar, we cover multiple topics such as: The different levels of services offered at ElliottWavePlus.com (Crypto Plan, Basic Plan, Pro Plan, and our Premium Plan), How to navigate within our ElliottWavePlus.com website, Helping yourself to our Resources, Our Blog and how to use it, How to utilize our top-tier service – The Premium Plan.

  January 20, 2020

• Sid’s Current Analysis on Gold – January 12, 2020

  Sid Norris of ElliottwavePlus.com, during the Sunday, January 12, 2020 weekly “counts” webinar for Pro-Plan subscribers describes his Elliott Wave count and associated Fibonacci price targets on Gold.

  January 14, 2020

• All About Sid’s Momentum Algo for Elliott Wave Plus Premium and Crypto Plan Subscribers

  All About Sid’s Momentum Algo for Elliott Wave Plus Premium and Crypto Plan Subscribers

  December 18, 2019

• Sid’s Current Algo Statistics and Results (November 2019 Edition)

  By combining robust methods of technical analysis (Hurst cycle analysis, Elliott wave theory and its associated Fibonacci price targets, extreme sentiment positioning, algorithmic trade signals based on momentum, indicator divergences, etc.), our problem-solving power has increased, providing higher confidence trading opportunities.

  November 22, 2019

• How Hurst Cycle Analysis Improves Our Elliott Wave Counts

  By combining robust methods of technical analysis (Hurst cycle analysis, Elliott wave theory and its associated Fibonacci price targets, extreme sentiment positioning, algorithmic trade signals based on momentum, indicator divergences, etc.), our problem-solving power has increased, providing higher confidence trading opportunities.

  October 31, 2019

• The September Sortable Algo Spreadsheet

  The Results Are In! Over the past couple of years, we have developed algorithms that provide momentum-based trading signals on over 40 items. We publish three-year backtest results of the algo on those 40 items momthly in the form of a sortable, downloadable spreadsheet.

  September 28, 2019

• Trading XLE with Precision using Elliott Wave & Hurst Cycle Analysis

  During our August 25, 2019 Weekly “Counts” Webinar, I showed that Hurst cycle analysis was suggesting that a rally was imminent in XLE, the large-cap Oil stock ETF, and the rally was expected to continue through mid-September 2019. XLE bottomed on August 27 and rallied over 14% through September 16. That rally was well underway when the two Saudi Oil installations were bombed by drones on Saturday, September 14. So which method of predicting trend changes was more effective? Technical analysis, or trading the news? The answer is obvious.

  September 21, 2019

• Elliott Wave Plus – Testimonials

  Lots of glowing testimonials have been pouring in at ElliottWavePlus.com. I wanted to take a minute to thank everyone around the globe who has supported my work. Here’s a video highlighting some of the recent testimonials:

  September 6, 2019

• Trading Stocks with Elliott Wave Plus (Subscription Tiers)

  At Elliott Wave Plus we utilize multiple methods of technical analysis. Through these methods we can position ourselves in a way that gives us (the retail trader) an advantage over others. With the combination of Elliott Wave, Fibonacci price targets, Hurst Cycle analysis, and advanced volume indicators, we can help remove insecurities and emotions from current trading opportunities. We have a plan for everyone.

  August 29, 2019

• Trading AAPL (Apple Stock) with Precision Timing!

  During the June 2 weekly webinar, Sid expected an important bottom was imminent for AAPL. That bottom came in the very next day. From there, Sid predicted a push to the upside for the rest of the month. He stated in the weekly webinar that AAPL would reach a top near the end of July. The stock peaked on July 31 and continued to meticulously follow Sid’s Elliott Wave count.

  August 27, 2019

• Trading the DOW with Precision Timing!

  In late May, Sid projected a road map for the DOW, calling for an early June bottom and a late July top. Check out this video including excerpts from Sid’s June 2 and June 9, 2019 webinars, which included amazingly accurate calls for the recent multi-week swing low and swing high in the DJIA (Dow Jones Industrial Average):

  August 16, 2019

• Sid’s Monthly “Premium Plan” Webinar Recording – August 13, 2019

  This month, Sid describes how his momentum algo was designed.

  August 14, 2019

• Trading Gold with Precision Timing!

  In late May of 2019, while other market forecasting services were suggesting that gold would continue further to the downside, Sid was bullish. Those other forecasters remained bearish until gold broke out above the 2016 high. What good did that do anyone? Now, with gold only about 5% percent above that 2016 high, those other guys are very bearish on gold once again. Why? Because Elliott Wave theory, when used alone, is dangerously subjective. However, when Elliott Wave is combined with a dissimilar but equally robust methodology (like Hurst Cycle Analysis), a different forward roadmap often emerges.

  July 26, 2019

• Sid’s Monthly “Premium Plan” Webinar Recording – July 9, 2019

  The theme of this month’s webinar: “All Profitable Trading Systems Include Systematic Acceptance of Losing Trades”.

  July 9, 2019

• The Dow Jones Industrial Average is Up Over 1000 Points Since Monday. Did Anyone Predict This Ahead of Time?

  As far as I can tell, there were precious few market prognosticators calling for an imminent rally in the stock market just prior to this week’s surge. On the contrary, virtually all article writers and market technicians were projecting the market to move lower. As it turned out, the DJIA was up over 500 points on Tuesday, and is currently up over 1000 points for the week, and it’s only Thursday (June 6). Here’s highlights of my coverage of the DJIA and the VIX from my Sunday, June 2 Weekly “Counts” Webinar:

  June 7, 2019

• Trading Bitcoin with Precision Timing! (My calls on Bitcoin since late 2017)

  In late 2017, the relentless parabolic move to upside in Bitcoin had caught the attention of the entire trading world. Since that time though, market participants have made OR lost a fortune during the one-year-long 84% crash of Bitcoin, depending on whether they were on the right side of the trade or not. The video below shows my analysis and projections for price movement in Bitcoin since late 2017.

  June 5, 2019

• Sid’s Recent Call on GDX (Gold Miners ETF)

  The following screenshot was provided to all Elliott Wave Plus paying subscribers on Wednesday night, May 29, 2019:

  May 31, 2019

• Sid’s Monthly “Premium Plan” Webinar Recording – May 13, 2019

  Here’s the link to the recording of Sid’s May 13, 2019 “Premium Plan” Webinar .The continued success of Sid’s momentum algo is covered, as well as the internal wave structure of the move to the downside so far in stocks this month. Additionally, Sid shows his current Elliott Wave & Hurst Cycles roadmap for Gold, Silver, and the Precious Metal Miners.

  May 14, 2019

• Sid’s Monthly “Premium Plan” Webinar Recording – April 11, 2019

  [vc_row][vc_column][vc_column_text css=”.vc_custom_1555034852464{margin-bottom: 0px !important;}”]Recorded Webinar Links: April 11, 2019 – https://zoom.us/recording/share/I8sGnxZ7eXc8qXnOQKnCTWLfuXL-owfHB2BbXHJd0lKwIumekTziMw [/vc_column_text][/vc_column][/vc_row]

  April 12, 2019

• Sid’s Monthly “Premium Plan” Webinar Recording – March 12, 2019

  [vc_row][vc_column][vc_column_text css=”.vc_custom_1552443128458{margin-bottom: 0px !important;}”]Recorded Webinar Links: March 12, 2018 – https://zoom.us/recording/share/wInc2QF_ppblgvMAZza6opHpqVVSL4JsLw1y_85LevWwIumekTziMw [/vc_column_text][/vc_column][/vc_row]

  March 12, 2019

• Combining Elliott Wave, Fibonacci and Hurst Cycle Analysis to Predict the Future Direction of the Dow Jones Industrial Average

  The following charts include my main and alternate wave counts and associated Fibonacci price targets for the Dow Jones Industrial Average, starting with the quarterly, then monthly, weekly and daily charts. Hurst cycle analysis is also utilized at all time frames.

  March 9, 2019

• Technical Analysis of the CRB Index (the Commodities Complex) by Sid Norris from ElliottWavePlus.com

  The weekly chart (below) of the CRB Index (cash) shows my main Elliott wave count and associated Fibonacci price targets, as well as Cycle analysis, utilizing both the Hurst system and a custom 3.5-year model. (Click on the chart to enlarge).

  January 28, 2019

• My Current Analysis of the S&P-500 by Sid Norris from ElliottWavePlus.com

  From an Elliott Wave perspective, my top two wave counts are shown. The main count is that an incomplete expanding leading diagonal to the downside is underway starting at the September 21 all-time high. The alternate (shown with question marks) is that an intermediate degree (black) wave 5 to the upside commenced at the December 24 low.

  January 25, 2019

• Sid’s Elliott Wave Analysis of McEwen Mining Inc. (ticker symbol MUX)

  After my recent post on First Majestic Silver Corp. (AG), I’ve received a number of requests for my current wave count on McEwen Mining Inc. (MUX), another highly regarded stock in the precious metals mining sector.

  November 21, 2018

• Sid’s Elliott Wave Analysis of First Majestic Silver Corp (ticker symbol AG)

  Since AG’s August 2011 high of $26.88, the company’s stock price tumbled all the way down to $2.40 per share in January 2016. Let’s look at the price action in AG starting at that January 2016 low from an Elliott Wave perspective. (Click on the chart to enlarge)

  November 14, 2018

• How To Spot Fake Financial News

  Wouldn’t it be nice to see a financial news report that simply reported the facts? For instance, the following would be an example of accurate reporting: “The stock market was down X percent today.” But the following is how financial media always reports the news: “The stock market was down X points today on {insert a rationale here}.” Stating ANY REASON for movements in the stock market is more than suspect. It is the perfect example of fake news.

  October 11, 2018

• The Chinese Yuan vs Gold. How Correlated Are They?

  I’ve seen a number of articles lately from various sources stating that essentially the Chinese government is now in full control of the price of Gold. Admittedly, from mid-June through mid-August of this year, the price of gold moved . .

  September 24, 2018

• Is Gold’s Historical Correlation with the Australian Dollar and Swiss Franc Predictive?

  Is Gold’s Historical Correlation with the Australian Dollar and Swiss Franc Predictive? Historical Price movement in Gold is quite similar to price action in the Australian Dollar, especially since late-2008. Gold is also highly correlated with the Swiss Franc, especially since mid-2013. Recently, notice that during Gold’s April-August plunge, the Swiss Franc moved sideways. Then, in mid-August, the Swiss Franc stopped basing and started moving strongly to the upside. Gold has also moved upward since mid-August, although it has lagged the Swiss Franc in aggressiveness. Now let’s look at the AUD/USD currency pair from an Elliott Wave and Hurst Cycles perspective, first on a weekly chart.

  September 14, 2018

• A Chartist’s View of New Gold Inc. (ticker NGD)

  New Gold Incorporated is a mid-tier gold mining company with mining operations in Canada, the U.S. and Mexico. NGD stock made its all-time low of 74 cents per share in December 2008, and its all-time high of $14.15 per share in September 2011. New Gold is one of the holdings in the two most popular gold mining ETF’s, GDX and GDXJ. Its annual revenue is currently about $725 million. Let’s examine a chart of NGD starting at the 2011 high from a technical point of view.

  September 3, 2018

• Carnage in the Currency Markets – Is It Over Yet?

  The recent “trade war” continues to show itself in numerous unusually aggressive price movements in the currency markets. Huge, fast movements in currencies profoundly affects all markets, but most of all commodities. Trader sentiment hits rare extremes, and quite simply, there is blood in the streets. Lets take a peak at just a few currencies to see if there are any technical reasons that suggest an end to the recent carnage.

  August 15, 2018

• Charting the Effects of the Trade War

  The recent “trade war” appears to have triggered several aggressive price movements in the financial markets. The most obvious reactions are in tariffed commodities like soybeans and lean hogs. But, there are other recent price movements, specifically in the currency market that appear most likely to have been caused by direct government and/or central bank intervention. These currency interventions have affected, at least in the short term, the pricing in numerous commodities, some more than others.

  July 12, 2018

• There’s an FOMC meeting and announcement next week. What’s the likely market reaction in silver?

  My work as a market technician is generally based on the premise that markets move based on technical aspects derived from prior price action. However, very large players with an agenda (ie: central banks around the globe) are actively involved in the markets. Can looking at both the technical and the influence of the FED provide greater insight into market forecasts? Let’s take a look.

  June 8, 2018

• 10-Year Treasury Yields Have “Broken Out” to a New Multi-Year High. Will Yields Continue Higher?

  Yesterday’s market jolt, according to the talking heads on financial propaganda TV was due to 10-year treasury yields “breaking out” above their Dec 2013 high. I’m sure this slight new high invalidated a few Elliott Wave counts, and “confirmed” a few others.

  May 16, 2018

• How I Eliminated Emotion and Directional Bias from my Elliott Wave Counts – A blog post by Sid Norris of ElliottWavePlus.com

  I’ve been labeling charts using Elliott Wave theory for a very long time. I’ve also always tracked the Elliott Wave interpretations (wave counts) from several published wave counters over the years. Almost everyone familiar with Elliott Wave theory knows that . .

  April 17, 2018

• The Current State of the US Stock Market, the US Dollar, and Gold. A free blog post by Sid Norris of ElliottWavePlus.com

  The S&P-500: The January rise in the US stock market went parabolic before topping on January 26. The 11.84% drop over the next 2 weeks (thru February 9) carved out a clear 5-wave impulse to the downside. The recovery so far appears to be choppy, overlapping, and corrective. From an Elliott Wave perspective, the aggressive move down thru Feb 9 is therefore very likely to be a wave 1 of a new downtrend, or a wave A within a 4th wave zigzag. Therefore, another 5-wave wave structure to the downside, taking out the Feb 9 low of 2532.69 would be a high probability expectation. Also possible within Elliott Wave theory is that the drop from Jan 26 thru Feb 9 was wave A within a wave 4 triangle. Only 4 of the 5 legs of a triangle are required to be a zigzag or zigzag combination. One of the legs can be something else, including a 5-wave impulse.

  March 20, 2018

• What’s Next for the US Dollar? (by Sid Norris of ElliottWavePlus.com)

  The US Dollar has been quite weak since the beginning of last year. Will it continue to weaken? The monthly chart below shows my long-time main Elliott Wave count for the US Index, an unfinished ending contracting diagonal starting at the 1985 high. This wave count correctly expected the US Dollar to top near a .618 retacement of the downward wave from July 2001 through March 2008. That top came in early January 2017, and the Dollar has surprised many by moving strongly lower ever since. Hurst cycle analysis also correctly projected that top, and from a long-term perspective is quite bearish the Dollar moving forward, potentially all the way to the year 2027.

  January 30, 2018

• An Important Large-Cap Gold-Mining Stock (ABX) is Still Searching for a Bottom

  Gold, Silver and Platinum were up big again on a “Fed” day yesterday, a recurring motif in recent quarters. Yesterday’s bounce was fairly large, especially in many of the large and mid-cap precious metals mining stocks. I’ve been projecting for a long time that a large cycle trough was due near year-end 2017, so is the bottom in on precious metals or not? Let’s take a look.

  December 27, 2017

• Precious Metals and Mining Stocks Were Up Big Yesterday. Is the Bottom “In”?

  Gold, Silver and Platinum were up big again on a “Fed” day yesterday, a recurring motif in recent quarters. Yesterday’s bounce was fairly large, especially in many of the large and mid-cap precious metals mining stocks. I’ve been projecting for a long time that a large cycle trough was due near year-end 2017, so is the bottom in on precious metals or not? Let’s take a look.

  December 14, 2017

• Thoughts on the Current State of the Stock Market (and other stuff) – A blog post by Sid Norris from ElliottWavePlus.com

  Without further ado, here are the current combined Hurst projections on several items of interest: 1) US Stock Market: a major top in late 2017 is expected, to be followed by an ABC correction through the year 2024. (And no, I haven’t called the top yet like those super blogging, email blasting, google search manipulators! (-:) From an Elliott Wave perspective, the 5-wave impulse up from the March 2009 low is likely to end soon, though. That bull market will have lasted about 8.5 years, so even if the 2009-2017 bull was a very bullish cycle-degree wave 1 (my main count), a multi-year (cycle-degree) correction would be next.

  November 21, 2017

• Sid’s Sentiment Algo. How and Why it Works.

  In the following video, Sid Norris of Elliott Wave Plus shows the latest revision of his Sentiment Algo, how it was constructed, and how well it has marked several trend changes in the S&P-500 and Gold over the past year.

  October 10, 2017

• Trader sentiment, and how we use it to our advantage at Elliott Wave Plus.

  Trader sentiment, and how we use it to our advantage at Elliott Wave Plus. Larry Williams is surely one of the greatest traders and trading educators ever. If you are trading the markets now, and haven’t read his book: “Trade Stocks & Commodities with the Insiders – Secrets of the COT Report”, stop trading, get […]

  August 30, 2017

• Sid’s timely call on Natural Gas during the May 14, 2017 weekly “Counts” Webinar

  Sid’s Timely Call on Natural Gas (NG Futures Contract) During his May 14, 2017 Weekly “Counts” Webinar. Each week, Sid Norris of ElliottWavePlus.com holds a Sunday webinar for “Pro Plan” subscribers. During the session, he presents his Elliott Wave counts and associated Fibonacci price targets for many of the world’s major stock markets, commodities, currencies, […]

  June 23, 2017

• “The Best Advice I Ever Received” – a guest blog post by EW+ Pro-Plan subscriber Geno Jorgensen

  Quick Introduction from Sid: I’ve come to learn over the years that many of my subscribers are very smart, highly successful people. They often look to my analysis simply as a second opinion to their own market analysis and trading techniques, which they’ve honed over decades. So I recently asked my paid subscribers if anyone […]

  June 9, 2017

• Did a 9-yr cycle trough just occur in the NZD/USD currency pair?

  Did a 9-yr cycle trough just occur in the NZD/USD currency pair? I’ve been tracking the NZD/USD currency pair using both the Hurst nominal model and the gold 7.4-yr model for quite some time now. One would think that this pair would work nicely with the 7.4-yr gold model, since gold and the down-under currency […]

  June 6, 2017

• Sid’s Highly Accurate Call on GDX during the April 4, 2017 Weekly “Counts” Webinar

  Each week, Sid Norris of ElliottWavePlus.com holds a Sunday webinar for “Pro Plan” subscribers. During the session, he presents his Elliott Wave counts and associated Fibonacci price targets for many of the world’s major stock markets, commodities, currencies, and bonds. Hurst cycle analysis and retail trader sentiment are also strongly considered. Screenshots of all the […]

  May 19, 2017

• Sid’s new website, ElliottWavePlus.com is the only way to subscribe to his weekly “Counts” webinars and twice-per-week EWP Screenshots starting April 10, 2017

  Important Notice: Sid’s new website, ElliottWavePlus.com is the only way to subscribe to his Weekly “Counts” Webinars and twice-per-week EWP Screenshots (starting April 10, 2017). ElliottWavePlus.com is a huge improvement over ElliottWavePredictions.com! All paid subscribers can now log in to the subscriber area, where one full month of Webinar and ScreenShots history is available all […]

  April 11, 2017

• Sid’s Bullish Call on the GBP/USD Currency Pair During a Recent “Counts” Webinar

  [vc_row][vc_column][vc_column_text title=”Sid’s Bullish Call on the GBP/USD Currency Pair during the March 12, 2017 “Counts“ Webinar “]Each week, Sid Norris of ElliottWavePlus.com holds a Sunday webinar for “Pro Plan” subscribers. During the session, he presents his Elliott Wave counts and associated Fibonacci price targets for many of the world’s major stock markets, commodities, currencies, and […]

  March 31, 2017

• How Will Trump Affect the Stock Market in 2017?

  Now that Donald Trump has been sworn in as the 45th president, lots of folks are speculating about what his policies might mean for the stock market in 2017. For some, the conventional wisdom is that expected policies on corporate taxes, regulation, and fiscal spending will create a more favorable business climate and lead to […]

  February 2, 2017

• Rethinking the “Trump Stock Rally”

  [vc_row][vc_column][vc_column_text title=”Rethinking the “Trump Stock Rally“”]Market watchers have widely credited Donald Trump’s election victory for the late 2016-early 2017 rally in stocks. As reported by CNNMoney, the market had shot up nearly 1,600 points between election day and the end of the first trading day of 2017, and it was up 13% for 2016 overall. […]

  January 23, 2017

• Gold Update (from Sid) – January 11, 2017

  [vc_row][vc_column][vc_column_text title=”Gold Update”]My last ElliottWavePlus.com blog post about gold (on December 5) suggested that the deep correction in Gold was nearly finished. Gold bottomed on December 15, and has rallied nicely through today. ElliottWavePlus “Pro Plan” and Basic Plan” subscribers were made aware in the days leading into the December 15 low that Gold was […]

  January 11, 2017

• Announcing Sid’s New Website & Associated Client Services: ElliottWavePlus.com!

  Announcing Sid’s New Website & Associated Client Services: ElliottWavePlus.com! Whew! What a ride so far! Back in 2010, I started a Google sites blog called SidsCharts.com, and used it as a simple diary of Elliott Wave counts on miscellaneous financial instruments. In 2011, I switched to a WordPress-based blog named ElliottWavePredictions.com, and initiated weekly “Counts” […]

  December 5, 2016

• What’s Up With Gold?

  [vc_row][vc_column][vc_column_text title=”What’s Up With Gold?”]Gold has certainly seen an interesting 2016! From December 3, 2015 to July 6, 2016 gold rallied 30% (from $1061.80 to $1388.50). Since that mid-year high, gold has fallen back to $1158.60 as of this morning, December 5, 2016, a drop of about 16%. Let’s take a look at the technical […]

  December 5, 2016

• Welcome to the Elliott Wave Plus Blog

  [vc_row][vc_column][vc_column_text]Greetings! My name is Sid Norris. For the past five years, I’ve been hosting weekly EWP “Counts” webinars, and producing twice-per-week editions of EWP ScreenShots for subscribers in association with my website/blog ElliottWavePredictions.com.

  October 30, 2016

• Quick Update on Crude Oil from Sid at ElliottWavePredictions.com

  Quick Update on Crude Oil from Sid at ElliottWavePredictions.com. Click on the chart to enlarge. The combination of Hurst cycle analysis and Elliott Wave is suggesting that the recent bullish period for crude oil has likely come to an end. A Hurst analysis starting at the 2008 high suggests that oil has topped, and will […]

  October 13, 2016

• Sid’s latest call is working well! (Long Crude Oil out of a 20-week Hurst cycle trough, from a major Fibonacci target)

  Following a highly successful long gold (and gold miners) call in late May, and then a call for a good-sized rally in US equities out of the post-Brexit vote low in late June, Sid Norris from ElliottWavePredictions.com suggested to paid subscribers that crude oil was due for a large bounce starting as early as late July. […]

  August 19, 2016

• 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 […]

  July 9, 2016

• Video Highlights from Sid’s June 5 and June 12 “Counts” Webinars – featuring the Dow Jones Industrial Average (DJIA)

  The following video highlights are from the June 5 and June 12, 2016 “Counts” Webinars, featuring a portion of Sid’s coverage of the Dow Jones Industrial Average (DJIA): Please join me for my Weekly “Counts” Webinar, where I go over all of my Elliott Wave counts and associated Fibonacci price targets for many of the […]

  June 17, 2016

• Video Highlight from Sid’s May 29, 2016 “Counts” Webinar – featuring GDX

  The following is a two-minute video clip highlight from my May 29, 2016 “Counts” Webinar. This clip features coverage of GDX. Please join me for my Weekly “Counts” Webinar, where I go over all of my Elliott Wave counts and associated Fibonacci price targets for many of the world’s major stocks markets, commodities, currencies, and […]

  June 10, 2016

• 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 […]

  May 20, 2016

• Highlights from Sid’s March 20, 2016 “Counts” Webinar, featuring long-term Elliott Wave and Hurst Cycle Analysis of the Dow Jones Industrial Average

  The video clip below is the first 15 minutes from Sid’s March 20, 2016 “Counts” Webinar. The primary topic is the long-term Elliott Wave and Hurst Cycle Analysis of the Dow Jones Industrial Average. Included is a discussion of the proper placement of the most recent 54-year Kondratieff cycle trough, and how a combined Elliott […]

  March 24, 2016

• Updated Elliott Wave & Hurst Cycle Analysis of 30-year Treasury Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com

  Updated Elliott Wave & Hurst Cycle Analysis of 30-year Treasury Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. It’s been a few weeks since I last posted, and as I pondered potential topics to cover, an updated analysis of Treasury Bonds once again presented itself as a logical […]

  March 3, 2016

• Elliott Wave and Hurst Cycle Analysis of Treasury Bonds – by Sid from ElliottWavePredictions.com

  Elliott Wave and Hurst Cycle Analysis of Treasury Bonds – by Sid from ElliottWavePredictions.com. Wasn’t it just a few weeks ago that virtually every Elliottician and talking head fundamental analyst was expecting bond prices to plummet and yields soar? The consensus expectation was initially that the July 2012 high in bonds was the end of the […]

  January 20, 2016

• 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 […]

  January 16, 2016

• 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 […]

  January 6, 2016

• 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 […]

  December 1, 2015

• 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 […]

  November 5, 2015

• 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: […]

  October 30, 2015

• Elliott Wave Analysis of IBB (Biotech Sector ETF) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of IBB (Biotech Sector ETF) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. A quick glance at a weekly chart of IBB (above) shows the obvious parabolic rise into the July 2015 top. Parabolic bubbles are followed by crashes, so is the crash in the Biotech sector already finished, as […]

  October 8, 2015

• Elliott Wave Update on Gold and Gold Miners (GDX) from Sid at ElliottWavePredictions.com

  Elliott Wave Update on Gold and Gold Miners (GDX) from Sid at ElliottWavePredictions.com. Click on the charts to enlarge. GDX moved to slight new lows today, but the larger picture is unchanged. A large 18-month cycle trough is imminent in gold miners, and Gold and Silver appear to have already shown five small-degree waves up […]

  September 11, 2015

• Highlights from Sid’s Weekly “Counts” Webinar (August 9, 2015)

  The video clip below contains highlights from my Weekly “Counts” webinar from three days ago (August 9, 2015). Included are portions of my analysis of the Dow Jones Industrial average, GDX, and the US Dollar Index. ALL of the calls in this video were contrarian against the so-called “consensus trades”, like long dollar, and short […]

  August 13, 2015

• Updated Elliott Wave Analysis of ASA by Sid from ElliottWavePredictions.com

  Updated Elliott Wave Analysis of ASA by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. Back on July 2nd, I posted a workup on ASA Gold and Precious Metals Limited. Since then, ASA has continued lower, and yesterday reached a significant Fibonacci target of $8.94, where wave 5 blue equaled the net traveled by […]

  July 16, 2015

• Elliott Wave Analysis of ASA (Gold & Silver Stocks) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of ASA (Gold & Silver Stocks) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. From Yahoo Finance: “ASA Gold and Precious Metals Limited is ASA a self management investment trust. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in […]

  July 2, 2015

• 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 […]

  June 19, 2015

• 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 […]

  June 12, 2015

• 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 […]

  May 29, 2015

• 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 charts to enlarge. There appears to be quite a debate going on these days about whether the Euro is finished going down or not. In my opinion, a combination of Elliott Wave and Hurst cycle analysis suggests that the March […]

  May 19, 2015

• Elliott Wave Analysis of the iShares NASDAQ Biotechnology ETF (IBB) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the iShares NASDAQ Biotechnology ETF (IBB) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. As the weekly chart above clearly shows, the biotech sector has been experiencing a parabolic rise since October 2008. From that low, I can count 5 clear (black) waves up through the recent March […]

  May 13, 2015

• A Recent Testimonial from an ElliottWavePredictions.com Subscriber

  I just had to share the following testimonial, received yesterday from one of my Weekly “Counts” Webinar subscribers: — “Sid, I wanted to thank you for the incredible research and analysis that you provide by giving you a brief history on me and how my account is exploding to the upside since I started following […]

  May 9, 2015

• 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 […]

  May 1, 2015

• Elliott Wave Analysis of 30-Year Treasury Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of 30-Year Treasury Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. Taking a short break from the stock market, here’s my current technical analysis of the ZB futures contract (30-year bonds). As shown in the lower left corner of the monthly chart above, the last large-degree […]

  April 20, 2015

• Elliott Wave Analysis of Cisco Systems Inc (CSCO) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Cisco Systems, Inc. (CSCO) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. This continues my series on Dow 30 components. As you can see on the monthly chart above, after crashing over 90% in a 5-wave impulse from March 2000 through October 2002, CSCO has been stuck in a […]

  March 31, 2015

• Elliott Wave Analysis of Caterpillar Inc. (CAT) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Caterpillar Inc. (CAT) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. This continues my series on individual Dow 30 components. In my main count of the Dow Jones Industrial Average, 1978 marked the end of a cycle (teal) degree wave 4, but in CAT, the sideways movement from […]

  March 28, 2015

• Elliott Wave Analysis of Gold (XK futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Gold (XK futures contract) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. As many who follow my work know, I’ve been singing a bullish tune on Gold ever since I counted the terminal downward thrust from the burgundy X wave triangle complete in November 2014. As the weekly chart […]

  March 6, 2015

• Thoughts on the USD/CHF currency pair by Sid from ElliottWavePredictions.com

  Thoughts on the USD/CHF currency pair by Sid from ElliottWavePredictions.com. Cick on the chart to enlarge . . This the USD/CHF exact chart and wave count I showed in last week’s “Counts” webinar. None of the annotations on the chart have been changed since before the surprise announcement from the Swiss National Bank. Suffice it […]

  January 17, 2015

• Elliott Wave & Hurst Cycle Analysis of the U.S. Dollar Index (DX) by Sid from ElliottWavePredictions.com

  Elliott Wave & Hurst Cycle Analysis of the U.S. Dollar Index (DX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Using a combination of Elliott Wave and Hurst Cycle analysis sometimes provides expectations that are not widely accepted. For instance, if my interpretation of the narrowing sideways chop in the US Dollar […]

  January 6, 2015

• Technical Analysis of Silver Wheaton Corp. (ticker: SLW) by Sid from ElliottWavePredictions.com

  Technical Analysis of Silver Wheaton Corp. (ticker: SLW) by Sid from ElliottWavePredictions.com. Silver Wheaton (SLW) is showing clear signs that it’ll be producing a 5-wave, non-overlapping Elliott Wave impulse to the upside from its November 11 low. The 60-minute chart really tells the tale, as an almost unmistakeable wave 4 (pink) triangle is forming. The […]

  December 6, 2014

• Elliott Wave Analysis of ASA Gold & Precious Metals Ltd by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of ASA Gold & Precious Metals Ltd by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. As I mentioned in my last post about precious metals and the Aussie/Dollar, ASA Gold & Precious Metals Ltd (ticker: ASA) has long been utilized as a proxy for the precious metals and miners sectors […]

  October 20, 2014

• Elliott Wave, Hurst Cycles and Fibonacci Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com

  Elliott Wave, Hurst Cycles and Fibonacci Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com. Click on each chart to enlarge. The Dow Jones Industrial Average is down only 2.33% since the Friday September 19 all-time high, but Hurst cycle analysis is already suggesting that a major top is “in”. As I […]

  September 26, 2014

• Elliott Wave and Associated Fibonacci Analysis of the AUD/USD Currency Pair (by Sid from ElliottWavePredictions.com)

  Elliott Wave and Associated Fibonacci Analysis of the AUD/USD Currency Pair (by Sid from ElliottWavePredictions.com). The Aussie is nearing a area of strong support. Since Gold and the Aussie are often highly correlated, Gold could easily follow a similar roadmap. Often, the stock “ASA” can be used as a proxy for Gold. See the potential […]

  September 25, 2014

• Elliott Wave & Hurst Cycle Analysis of Silver (XY futures contract), & the US Dollar (DX Index) by Sid from ElliottWavePredictions.com

  Elliott Wave & Hurst Cycle Analysis of Silver (XY futures contract), & the US Dollar (DX Index) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. By utilizing a combination of Elliott Wave and Hurst Cycle Analysis, I believe silver will put in a significant bottom in about 3 weeks. As the daily chart […]

  September 15, 2014

• Sid’s Technical Take on the Long-Term Expectations for the Hang Seng Index ( HSIX / HKHI )

  With U.S. stocks in nose-bleed territory, many money managers are smartly on the lookout for investment alternatives. The Hang Seng appears to be a decent intermediate-term option in my opinion. By combining Hurst Cycle Analysis and Elliott Wave, I’ve developed the roadmap below. Since the October 2011 (Burgundy B) low, which, by the way, was the US stock market low since […]

  September 1, 2014

• 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, […]

  July 11, 2014

• Opportunity to receive rare e-book access to the classic investment text “Non-Random Profits” by Hanson & Mann

  Here’s an opportunity to receive rare e-book access to the classic 1978 investment book “Non-Random Profits” by Ray Hanson & Robert K. Mann. All Eleven-Quarter-Stocks subscribers this month will receive a free bonus from one of the authors of Non-Random Profits, Robert K. Mann: The “Non-Random Profits” in ebook format! (Additional research has been added in this e-book edition). […]

  June 19, 2014

• Elliott Wave Analysis of Junk Bonds ETF (ticker JNK) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Junk Bonds ETF (ticker JNK) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. On the weekly chart, after the large 5-wave downward impulse from late 2007 through March 2009, junk bonds recovered (partially) via what appears most likely as a corrective ABC zigzag, culminating at the .707 retracement fib in May 2013. Notice […]

  June 17, 2014

• Elliott Wave Analysis of the TF Futures Contract – Russell 2000 – RUT – by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the TF Futures Contract – Russell 2000 – RUT – by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Evidence is mounting for strong (wave 3) downward movement in the Russell 2000 to commence shortly: There were 5 waves down from the March 3 high (in the RUT cash index) to […]

  June 9, 2014

• 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. Many Elliotticians are counting the rise since March 2009 as a cycle-degree wave B now, and many are counting the internal wave structure of the cycle wave B as a double zigzag. The weekly chart above provides […]

  June 1, 2014

• Elliott Wave Analysis of Uranium & Uranium Stocks by Sid from ElliottWavePredictions.com & ElevenQuarterStocks.com

  Elliott Wave Analysis of Uranium & Uranium Stocks by Sid from ElliottWavePredictions.com & ElevenQuarterStocks.com. Click on the charts twice to enlarge. Since just before the Tsunami hit Japan in March 2011, the Uranium ETF: URA lost over 79% of its value through the October 2013 capitulation low. From that low, URA appears to have carved […]

  May 4, 2014

• Monthly Update on the Eleven-Quarter System by Sid (from ElliottWavePredictions.com and ElevenQuarterStocks.com)

  Monthly Update on the Eleven-Quarter System by Sid (from ElliottWavePredictions.com and ElevenQuarterStocks.com) During the month of March 2014, I decided to track the effectiveness of the 11-Qtr-System moving forward using two different portfolios. One model portfolio will be named “The Non-Random Profits “Ideal System” Model Portfolio. This portfolio will theoretically buy $2000 worth of each […]

  April 1, 2014

• Monthly Report on the Eleven-Quarter-System (11-Qtr-System) from Sid at ElevenQuarterStocks.com & ElliottWavePredictions.com

  Here’s the monthly update on the Eleven-Quarter-System (11-Qtr-System) from Sid at ElevenQuarterStocks.com & ElliottWavePredictions.com. The screenshot above is the February 28 end-of-day model-portfolio holdings. With February now complete, our ElevenQuarterStocks.com model portfolio is up 7.6% YTD, while the DJIA is down 1.5%, the S&P-500 is up 0.75%, the Nasdaq (QQQ) is up is 3.2%, and the Russell 2000 is up […]

  March 1, 2014

• Elliott Wave Analysis of the Dow Jones Euro STOXX 50 by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Euro STOXX 50 by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. If you aren’t familiar with the Dow Jones Euro STOXX 50 Index, it is essentially the European equivalent of the Dow Jones Industrial Average in the U.S. It consists of 50 select blue chip […]

  February 17, 2014

• 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. The “Teflon Euro” has stayed amazingly resilient for a full year now after the initial calls for the end of a multi-year triangle emerged in February 2013. The above wave count shows that the Euro may have one more trick […]

  February 13, 2014

• End-of-January Comparison of the S&P-500 vs. Our 11-Quarter-System Model Portfolio (from Sid @ ElliottWavePredictions.com & ElevenQuarterStocks.com)

  Here is the end-of-January comparison of the major U.S stock market indices vs. our Eleven-Quarter-System Model Portfolio (from Sid @ ElliottWavePredictions.com & ElevenQuarterStocks.com). January is “in the books”, and the DJIA is down 5.27% YTD, the SPX is down 3.71%, the Nasdaq Composite is down 1.35%, and the Russell 2000 is down 2.53%. During the […]

  February 1, 2014

• Elliott Wave Analysis of Sugar (SB futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Sugar (SB futures contract) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The price of Sugar is nearing some very significant Fibonacci price targets, as well as Hurst cycle date targets for a turn. After an upward 5-wave impulse from May 2010 through April 2011, Sugar has retraced […]

  January 15, 2014

• While the DJIA was down 179 points today, the 11-Qtr-System Model Portfolio was up 6.23%

  While the DJIA was down 179 points (1.41%) today, our 11-Qtr-System Model Portfolio was up 6.23% today alone (as shown above). We started the model portfolio less than two weeks ago (on January 2) using the stock simulator at Investopedia.com, with a starting balance of $100,000. Since then, it is up 9.62% while the Dow Jones Industrial Average is down […]

  January 14, 2014

• Elliott Wave Analysis of the Dow Jones Industrial Average (DJIA / INDU) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Industrial Average (DJIA / INDU) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since my last post regarding a major US stock index (November 14 – SPX), everything has gone exactly to plan, and now, the Dow Jones Industrial Average is only 1/2 of 1% shy […]

  January 2, 2014

• Introducing a New Additional Website and Service Offering from Sid: ElevenQuarterStocks.com

  Introducing a new additional website and service offering from Sid Norris of ElliottWavePredictions.com called ElevenQuarterStocks.com. Check out my new FREE 12-minute video explaining the concept behind the new service. ============================================================================= The following is reprinted from the “About” page on the new Eleven Quarter Stocks website: ============================================================================= “ElevenQuarterStocks.com is the work of Sid Norris (me), a long-time […]

  December 20, 2013

• Elliott Wave Update on the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Update on the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Necessity is the mother of invention, and after the invalidation of count on the USDCHF pair (shown in the previous free post), here is the slightly revised wave count. The bottom line: It appears that the […]

  December 10, 2013

• Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The long-term pattern in in the USD/CHF currency pair shows that the August 2011 low was a VERY significant low, essentially ending two terminal Elliott Wave patterns simultaneously. The monthly chart above shows that the 2011 […]

  December 5, 2013

• Elliott Wave Analysis of the Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Today’s slight new low in the GDX below the June 26 low is a big deal. Essentially it sends a message that the GDX has further down to go over the next few months and […]

  November 25, 2013

• Elliott Wave Analysis of the S&P-500 (SPX) and the US Dollar Index ETF (UUP) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 (SPX) and the US Dollar Index ETF (UUP) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The S&P-500 continues to stretch upward, and corrections are becoming more shallow and brief. It appears that the SPX is seeking the 1891.35 level, where cycle (teal) wave B will […]

  November 15, 2013

• Elliott Wave Analysis of Gold (XK futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Gold (XK futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Ever since Gold bottomed in late June, it has been moving sideways in either a black bullish 1-2 configuration (my main count), or sideways in a black wave 4 (alternate count). Either way, both the main […]

  November 4, 2013

• Elliott Wave Analysis of Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. It appears we have seen 5 waves up from the October 15 low in the GDX, and price has broken above the corrective trend channel that has contained price since August 27. My target for Wave […]

  October 22, 2013

• Elliott Wave Analysis of the French CAC & the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the French CAC & the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. After today’s surprising rally following the historic midnight U.S. Government shutdown, one of my long-time subscribers asked: “Is the top in or not”. It is a good question, and one that is on the […]

  October 2, 2013

• 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 twicec to enlarge. The recent breakout to the upside indicates that the triangle that started on Halloween 2008 in the Euro is still underway. Since wave E of the triangle didn’t quite reach the most typical .618 retracement of […]

  September 19, 2013

• Elliott Wave Analysis of Oil (QM futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Oil (QM futures contract) by Sid from ElliottWavePredictions.com. Click on the Chart twice to enlarge. Oil may have just finished a blue wave 4 triangle, and if it did, Oil will be shooting to the upside aggressively for probably the next couple of weeks at least. If an upward thrust from […]

  September 18, 2013

• Elliott Wave Analysis of 30-yr T-Bonds by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of 30-yr T-Bonds by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The weekly and daily charts above illustrate May 1 as the orthodox top in 30-yr bonds, allowing the wave counts moving forward to be similar in junk bonds, the 30-yr, and the 10-yr. (The actual price high in […]

  September 18, 2013

• Announcing the Release of a New Educational Video Entitled “Sid’s Elliott Wave 101”

  Announcing a New 50-Minute Educational Video Entitled “Sid’s Elliott Wave 101”. In this video, I present all the rules, guidelines, and patterns of the Wave Principle, complete with real-life examples of each. Also included are how to draw and interpret R.N. Elliott’s trendlines, how to place Fibonacci retracement and extension price targets on your charts, and […]

  September 14, 2013

• EUR/USD update by Sid from ElliottWavePredictions.com

  Here’s another interpretation of the recent price action in the Euro. A corrective wave count in the Euro up from the August 6 low is confirmed by a corrective WXY double zigzag count during the same period (but in the opposite direction) in the inversely correlated USD/CHF pair. The fact that MACD divergence is already […]

  September 12, 2013

• Short-Term Update on the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com

  Short-term Update on the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Since last posting about the Euro, I think we’ve seen 5 waves down for pink wave 1. Pink wave 2 appears to be carving out an expanded flat. Wave C green of the expanded flat is nearly […]

  September 11, 2013

• Elliott Wave Analysis of Apple Inc. (AAPL) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Apple Inc. (AAPL) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Here are my long, intermediate, and short-term Elliott Wave counts on Apple. Explanations of each degree of trend are on the charts. The bottom line: I have a short-term upside target of 519-523 for APPL, after which, […]

  September 11, 2013

• The Euro may have put in a significant top yesterday (August 20). Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com

  The Euro may have put in a significant top yesterday (August 20). Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. The upward movement from the July 9 though August 20 in the Euro doesn’t look like a textbook contracting diagonal at first glance, but upon closer examination, it does meet all […]

  August 22, 2013

• Announcing a Big Improvement to Sid’s Flagship Service Offering!

  Announcing a Big Improvement to Sid’s Flagship Service Offering! I am very happy to announce that my Weekly “Counts” Webinars will be produced using Adobe “Connect” instead of Cisco’s “Webex” from now on. The switch will provide several significant enhancements: The recordings won’t require long waiting times before they start playing. They will start up within […]

  August 18, 2013

• The weekly RSI, the daily MACD, and 240-minute divergence are all shouting “A MAJOR TOP IS IN”. 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. While I’m leaving open an alternate possibility of one last slight new high in my alternate Elliott Wave count, if all I could look at was the weekly RSI, and the MACD on daily and 240-minute SPX […]

  August 6, 2013

• Revised Long-Term Elliott Wave Count on Silver (XY futures contract) by Sid from ElliottWavePredictions.com

  Revised Long-Term Elliott Wave Count on Silver (XY futures contract) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Upon re-examination of a 100-year (admittedly inflation-adjusted) chart of Silver (shown courtesy of a screenshot of a chart found at Macrotrends.net), it seems most likely that the century-long upward move through 1980 was a […]

  July 31, 2013

• 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. Here is a complete update of my wave counts for the S&P-500 (SPX) at every degree of trend. As you can see, RSI or MACD divergences are forming in every timeframe. Still, on the 60 minute chart, wave 3 pink does […]

  July 12, 2013

• Question: From an Elliott Wave Perspective, What do Gold and Silver have in Common Right Now?

  Question: From an Elliott Wave perspective, what do Gold and Silver have in common right now? Answer: They have simultaneously arrived at the extreme of wave 2 within their preceding extended 5th waves. Quote from Frost & Prechter, Elliott Wave Principle, 1978-2006, 10th Ed. p 68: (under the heading: Behavior Following Fifth Wave Extensions) “The […]

  June 27, 2013

• Elliott Wave Analysis of Gold Miners (GDX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Gold Miners (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The Market Vectors Gold Miners ETF (GDX) has continued to the downside as expected in my last GDX post, but if the attached analysis of the most recent wave structures is correct, the bottom is close at […]

  June 24, 2013

• Elliott Wave Update on the Euro from Sid at ElliottWavePredictions.com

  Elliott Wave Update on the Euro from Sid at ElliottWavePredictions.com. Click on the chart twice to enlarge. In my last post (on June 6), I said that the Euro would continue to chop higher in a series of 3-4’s. This appears to have occurred, and now the EUR/USD pair may now be putting in a […]

  June 14, 2013

• 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. The Euro count shown in the last post was invalidated by today’s upward blast, so here is my revised main count. As you can see, I’m still thinking that the 4-year long triangle in the Euro […]

  June 6, 2013

• Quick Elliott Wave Update on the Euro (EUR/USD) from Sid @ ElliottWavePredictions.com

  Quick Elliott Wave Update on the Euro (EUR/USD) from Sid @ ElliottWavePredictions.com. Click on the chart twice to enlarge. Today’s burst higher in the Euro does not change the main wave count. Deep wave 2’s are not at all uncommon, and the upward movement from the May 17 low still counts best as corrective. So, […]

  June 3, 2013

• 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 […]

  May 29, 2013

• 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 […]

  May 16, 2013

• 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 […]

  May 15, 2013

• 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” […]

  May 10, 2013

• 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 […]

  May 9, 2013

• 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, […]

  May 7, 2013

• 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 […]

  May 1, 2013

• Short-Term Elliott Wave Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

  Short-Term Elliott Wave Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The retracement of the downward movement from April 11 through April 18 has deepened. My current main and alternate counts are shown above, and both still expect a large downward impulse to below the April 18 […]

  April 25, 2013

• 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. The fairly clear 5-wave impulse to the downside in the S&P-500 from April 11 has now been retraced by slightly more than .618, creating a textbook Elliott Wave short. 1597.35 is invalidation, and even if the more […]

  April 23, 2013

• Elliott Wave Analysis of Silver (XY Futures Contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Silver (XY Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Yesterday’s overlap in Silver below the May 2008 high of 22.862 prompted a fresh look back at historical spot silver price data, and the attached chart is the initial result. First, let me say that I’ve […]

  April 17, 2013

• A History of Sid’s Elliott Wave Counts on Gold (XK Futures Contract), as shown in the “EWP ScreenShots” Service

  Here’s a chronology of several Gold charts, exactly as posted by my EWP ScreenShots Service since December of last year: December 2, 2012 (daily candles): December 2, 2012 (240 minute candles): December 16, 2012 (240m) December 30, 2012 (240m) January 13, 2013 (240m): January 27, 2013 (240m): February 10, 2013 (240m): February 24, 2013 […]

  April 10, 2013

• 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. Ending diagonals are tricky to count in realtime, and if they continue to chop to new extremes, different diagonal interpretations can emerge. With the S&P moving to new highs this morning, there is now a way to […]

  April 2, 2013

• 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, […]

  March 30, 2013

• 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 […]

  March 21, 2013

• 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 […]

  March 8, 2013

• 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 […]

  March 1, 2013

• Elliott Wave Analysis of Lead and the NZD/USD Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Lead and the NZD/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. This weekly chart of the price of Lead reinforces the same concept shown in the last post. If this Elliott Wave interpretation is correct, a number of commodities have begun the strongest portion of […]

  February 27, 2013

• Elliott Wave Analysis of Copper (QC futures contract) and the Baltic Dry Index by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Copper (QC futures contract) and the Baltic Dry Index by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Here are two ominous indications that a more aggressive phase of the deflationary downturn in the global economy has just gotten underway. Copper appears to have begun a thrust from a […]

  February 22, 2013

• 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. Since the summer of 2011, I’ve been showing a main count in the US stock indices sporting a 5-wave impulse up from the March 2009 low through July 7, 2011, followed by a Primary wave A lasting 3 […]

  February 21, 2013

• Elliott Wave Analysis of the German DAX by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the German DAX by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Announcement! I’m adding the German DAX to my EWP ScreenShots product effective immediately. Now, all weekend “Counts” webinar enrollees and EWP ScreenShots enrollees will recieve detailed screenshots of my weekly, daily, 240-minute, and 60-minute Elliott Wave analysis of the SPX, Gold, Oil, […]

  February 17, 2013

• Elliott Wave Analysis of the CBOE Oil Index (VIO) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the CBOE Oil Index (VIO) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here’s a chart of CBOE Oil, an index of the 15 largest integrated oil companies. It shows how oil stocks have taken off to the upside as a direct result of QE4. A quick check […]

  February 10, 2013

• Quick Update on the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com

  Quick Update on the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. For those who’ve been tracking my main count for the SPX, DJIA and Russell, you know I’ve been looking for a completed blue wave C of a zigzag up from the November 16 low. The […]

  February 9, 2013

• Quick Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

  Quick Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. So far, the upward movement in the S&P from the December 31 low is eerily similar to many of the up waves since the March 2009 low. A fractal of this odd looking impulse has occurred numerous times […]

  February 4, 2013

• 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 […]

  January 31, 2013

• 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 […]

  January 24, 2013

• 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 […]

  January 12, 2013

• 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 […]

  January 10, 2013

• 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 […]

  January 5, 2013

• 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 […]

  January 2, 2013

• Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The wildly bullish talk regarding the USD/JPY currency pair appears to be well-founded from a supercycle point of view, but the moon-shot over the last 100 days has likely just about run out of rocket fuel. […]

  December 28, 2012

• 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. The up-move from the November 28 low is choppy and overlapping, so the best interpretation I can deduce at the moment is that of an expanding ending diagonal for wave c pink. Wave 5’s of expanding ending […]

  December 18, 2012

• Elliott Wave Analysis of the US Dollar Index (DX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the US Dollar Index (DX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The Dollar has weakened a bit further since the Fed announced Wednesday that they would double the amount of monthly printing of dollars moving forward, which begs the question: Is the Fed big enough and […]

  December 14, 2012

• EUR/USD and GBP/USD Update by Sid from ElliottWavePredictions.com

  EUR/USD and GBP/USD Elliott Wave Update by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Even though the wave count in my last EUR/USD post was not invalidated, it came so very close that I revisted all timeframes on both the Euro and British Pound, and here are the results. Both the EUR/USD […]

  December 5, 2012

• Elliott Wave Analysis of the S&P-500 (SPX) from Sid @ ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 (SPX) from Sid @ ElliottWavePredictions.com. Click on the chart twice to enlarge. In a nutshell, I still think that October 18 was the end of burgundy wave B, based on the strong fibonacci relationship of the lengths of burgundy A and B, as well as the strong MACD divergences […]

  November 28, 2012

• Announcing a New Service Offering: “EWP Screen Shots” from Sid @ ElliottWavePredictions.com

  Announcing a New Service Offering from Sid @ ElliottWavePredictions.com: EWP Screen Shots Immediately after each weekly Sunday morning “Counts” webinar, I’ll produce a set of 24 screen shots consisting of my weekly, daily, 240-minute, and 60-minute Elliott Wave counts and targets for each of the following: SPX Index (S&P-500) Gold (XK contract) Oil (QM contract) US […]

  November 27, 2012

• 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. The move down from October 18 through November 16 looks more like an abc than a 5-wave impulse, although because wave 1’s are often “unclean”, either could be correct. My main count is that wave 1 blue […]

  November 26, 2012

• 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. The rally from 1343 has certainly been aggressive, and has already broken slightly above the blue trend channel shown in the last post. While this doesn’t necessarily invalidate my main count (because wave 4’s often end just […]

  November 20, 2012

• 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. Wave 3 blue ended a few minutes ago at 1343, about 4 points shy of my wave 3 blue target, where wave 3 would have equalled 1.618 times wave 1. Since wave 2 blue was a “flat”, […]

  November 16, 2012

• Elliott Wave Analysis of the S&P-500 (SPX) from Sid at ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 (SPX) from Sid at ElliottWavePredictions.com. Click on the chart twice to enlarge. Wave 3 blue will reach 1.618 times the length wave 1 blue traveled at 1338.5. If wave 3 blue continues past that point, the next most likely relationship will be 2.618, which would take wave 3 blue […]

  November 7, 2012

• Quick Elliott Wave Update on the S&P-500 (SPX) by Sid from Elliott Wave Predictions.com

  Quick Elliott Wave Update on the S&P-500 (SPX) by Sid from Elliott Wave Predictions.com. Click on the chart twice to enlarge. The tentative targets and invalidation points are on the chart. Gotta go vote . . Sid http://elliottwavepre.wpengine.com

  November 6, 2012

• 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. If the above wave count is correct, the orthodox end of wave B (burgundy) ended on October 18 with a bearish truncated pink wave 5, which achieved an exact 1.382 relationship with wave A (burgundy). Wave B’s […]

  October 28, 2012

• Quick Update on the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com

  Quick Update on the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The Euro is following the roadmap set out in the previous post nicely. If the main count shown is correct, the Euro will rally early next week, likely through Tuesday, October 23rd. The wave 5 green target […]

  October 19, 2012

• 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. So far, the expanding ending diagonal for wave 5 pink ending in truncation count shown in the last post is following though nicely. The chart above shows what I believe is a better way to count the […]

  October 10, 2012

• 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 to enlarge. The choppy upwards movement since September 26 may be an expanding diagonal. If it is, the SPX must rally to above 1460.51 before moving below 1435.60. If that occurs, subsequent movement below 1430.53 would likely indicate that a […]

  October 3, 2012

• 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. After the threat of unlimited debasement of the US Dollar from Ben Bernanke two weeks ago, the S&P jumped, but just as quickly stalled out. Now, upon Friday’s close, a second weekly MACD histogram divergence has occurred, […]

  October 1, 2012

• 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. As many of you are aware, I think that since the DJIA started in 1896, supercycle wave 1 ended in 1929 as a leading diagonal with a huge wave 5 throw-over, then supercycle wave 2, a 90% […]

  September 15, 2012

• 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. With the expectation for additional QE from the Fed reaching a fever pitch, I thought I would show this count one last time, with a reasonable understanding that it is very near invalidation. Everybody and their […]

  September 12, 2012

• Elliott Wave Analysis of the Shanghai Composite Index (SSE) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Shanghai Composite Index (SSE) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The Shanghai composite Index is showing a number of technical reasons why it may have bottomed last week. For one thing, Wave C black appears to have turned after reaching exact equality with wave A […]

  September 9, 2012

• Elliott Wave Analysis of the US Dollar Index (DXY) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the US Dollar Index (DXY) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. While the 240 minute bullish divergence shown in yesterday’s chart of the US Dollar Index portends an imminent turn toward US Dollar strength, close inspection of the wave structures since the orange wave 3 bottom […]

  September 6, 2012

• 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. While it appears that the August high will hold in the DJIA, as I’ve been showing in my weekend “Counts” webinar the last two weeks, the S&P still has a last-ditch chance of making a slight new high […]

  September 4, 2012

• 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. The initial movement down from the August 23 high to the August 28 low in the Euro counts best as a “three”, and the subsequent waves have so far been making lower highs and higher lows. […]

  August 31, 2012

• 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. Here is one of my alternate long-term Elliott Wave counts for the SPX that appears to be gaining in probabilty. As many of you know, I think the 90% U.S. stock market crash from 1929-1932 was a […]

  August 20, 2012

• Short-Term Elliott Wave Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

  Short-Term Elliott Wave Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. If the May 1 high is going to hold, a top in the SPX is quite near. My short-term main count is that the August 7 high is the end of wave 2 black. My short-term […]

  August 9, 2012

• Elliott Wave Analysis of the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The choppy upward movement since early June reminds me very much of the choppy conclusion to the 90 day 18+ percent nose dive last summer. Its amazing how there are still so many Elliott Wave […]

  August 2, 2012

• Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Today’s rally moved higher than I thought it would, so despite there having been no invalidation of yesterdays’s wave count, the question must be asked: What if the July 19 high is […]

  July 27, 2012

• 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. My main wave count for the S&P expects a big up-day tommorow, likely completing a 50 to 61.8 percent retracement of the 5-wave non-overlapping downward impluse that occurred between July 19 and July 24. The most likely […]

  July 26, 2012

• Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Industrial Average (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Although a bearish leading diagonal starting with a “three” is possible, a 5th green wave down would certainly add a lot of confidence to this wave count . . Sid http://elliottwavepre.wpengine.com

  July 24, 2012

• Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

  Here’s a quick update of my main hourly count for the S&P . . Sid http://elliottwavepre.wpengine.com

  July 18, 2012

• Another Quick Update on GBP/USD

  It looks like the Pound is going to try to smoke out every short it can before continuing to the downside. The strong upward movement today appears most likely to be the terminal thrust from a wave 4 triangle. Based on the size of the triangle, the upside target is 1.5767. Any movement below 1.5580 […]

  July 18, 2012

• Quick Update on GBP/USD

  Here’s a quick update on the GBP/USD currency pair. Click on the chart twice to enlarge. It looks like cable is carving out an expanded flat for wave 2 green, which will delay the resumption of strong downward movement for a couple of days. Explanations and invalidation points are on the chart. Sid

  July 13, 2012

• Elliott Wave Analysis of the GBP/USD (British Pound) Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the GBP/USD (British Pound) Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. It is difficult to imagine a more bearish Elliott Wave scenario for the British Pound right now. The same goes for the Euro. The charts speak for themselves. The ramifications of the strengthening dollar […]

  July 12, 2012

• Elliott Wave Analysis of the Dow Jones Industrial Average (YM futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Industrial Average (YM futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My main Elliott Wave count for the Dow Jones Industrial Average (YM futures contract) is that 5 green waves down are complete from the July 5 high, with wave 5 green carving […]

  July 10, 2012

• Elliott Wave Analysis of the Nasdaq 100 (NQ futures contract) by Sid from EllliottWavePredictions.com

  Elliott Wave Analysis of the Nasdaq 100 (NQ futures contract) by Sid from EllliottWavePredictions.com. Click on the chart twice to enlarge. The last 24 hours have brought further clarity to several of my equity and currency Elliott Wave counts. For instance, the NQ futures contract has now retraced almost exactly .618 of the clear, non-overlapping impulse down […]

  July 5, 2012

• Elliott Wave Analysis of the ES Futures Contract (S&P-500) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the ES Futures Contract (S&P-500) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Based on the internal wave structure over the past few days, and the influence of end-of-month window dressing by money managers, I suspect the equity markets will rally through the end of the trading week, delaying the […]

  June 28, 2012

• Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. It is highly possible that wave 5 green ended in truncation today. Truncations are very bearish. Additionally, there was a traditional VIX sell signal at yesterday’s close. Throwing fuel on the fire, the WXY combination corrections in the […]

  June 20, 2012

• 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. As shown in my last post regarding the S&P-500 (June 6), my target for the end of wave 2 black has been 1345. The week ended with a rally to 1343.32, but the upward wave structure doesn’t […]

  June 15, 2012

• 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. Since my last Euro post that included long-term charts (April 28), things have progressed as expected. If my main intraday wave count is correct, the next leg down for the Euro may be commencing quite soon, […]

  June 13, 2012

• 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. The major US stock market incices continue to appear to be carving out an expanded or running flat for wave 2 black. The wave B (blue) was quite deep, and reached slightly beyond 1.618 times the length […]

  June 6, 2012

• 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. The SPX index is at a very important crossroads. Typically, after an extended 5th wave within an impulse, the following correction will seek the extreme of wave 2 within the extended 5th wave. In the SPX, that […]

  June 1, 2012

• Elliott Wave Analysis of the USD/JPY Currency Pair and 30yr T-bonds by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/JPY Currency Pair and 30yr T-bonds by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since the May 22 high, the USD/JPY currency pair has exhibited what is likely to be a final zigzag to the downside to complete blue wave 2. The zigzag started with a 5-wave […]

  May 31, 2012

• Elliott Wave Analysis of 30-Year T-Bonds (ZB Futures Contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of 30-year T-bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I’ve been looking for signs that 5 waves up had finished in 30-year treasuries, and there are several technical clues that a potentially very significant top was put in on Thursday of last week. See […]

  May 22, 2012

• Elliott Wave Analysis of the S&P-500 (SPX) – Quick Update by Sid at ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 (SPX) – Quick Update by Sid at ElliottWavePredictions.com. Click on the chart twice to enlarge. If wave 5 blue within wave 1 black is still underway as an extended 5th wave, the next most typical target is where wave 5 equals the net traveled by waves 1 through 3. […]

  May 17, 2012

• 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. If my interpretation of the movment down from May 1 as a 5-wave impulse is correct, the implication is that downward movement in US equities has only just begun. My main (and long-held) wave count has been expecting a […]

  May 17, 2012

• Short-Term Elliott Wave Update on the EUR/USD, GBP/USD, and USD/JPY Currency Pairs

  Short-Term Elliott Wave Update on the EUR/USD, GBP/USD, and USD/JPY Currency Pairs. Click on the charts twice to enlarge. Here are my current main hourly counts for the Euro, Pound and Yen. Both the Euro and Pound are involved in major bear market thrusts out of triangles, and have a long way down to go. […]

  May 17, 2012

• Elliott Wave Analysis of Gold and Silver by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Gold and Silver, and an update on the British Pound by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Both Gold and Silver appear to be sporting triangles in the middle of the recent downward movement starting February 28/29. Since triangles cannot appear alone in a wave 2 position, […]

  May 12, 2012

• 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. The British Pound appears likely to be making one last push to the upside. The target zone for the end of the rally that started in mid-January is essentially between 1.625 and 1.63. Once an upward […]

  May 9, 2012

• Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The Yen is showing several signs that the choppy, overlapping correction that started on March 21 may finally be complete as a green WXY combination. MACD divergence is showing on 240, 60 and 15 minute charts, and […]

  May 8, 2012

• Elliott Wave Analysis of the US Dollar Index ($DX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the US Dollar Index ($DX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here is my main wave count for the US Dollar Index ($DX). As expected in my last US$ post on April 4, choppy, corrective downward movement continued in the Dollar, but appears to have ended […]

  May 5, 2012

• 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 charts twice to enlarge. Here are my long, intermediate, and short term Elliott Wave counts for the Euro. The weekly chart shows the large triangle that took exactly 3 years to complete. If the triangle did end in late October […]

  April 28, 2012

• 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. 1392.92 is an important level now in the SPX. Because the initial move up from the April 10 low was in 3 waves, the price action since April 10 is most likely corrective, and downward movement is […]

  April 17, 2012

• Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/JPY Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge . . Here are my main and alternate counts for the USD/JPY currency pair. Both call for upward movement to resume quite soon. As those who have been attending my weekend webinars are aware, I originally […]

  April 17, 2012

• Elliott Wave Analysis of the US Dollar Index by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the US Dollar Index by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Even though my expectation for a drop in the British Pound (and Euro) has played out nicely so far, I am concerned by the wave structure in the US Dollar Index. Based on the wave counts […]

  April 5, 2012

• 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. Based on the main and alternate wave counts shown above, the GBP/USD pair should be very close to a significant turn to the downside. The wave 4 triangle that started January 2009 should immediately be followed […]

  April 1, 2012

• Elliott Wave Analysis of the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Here are my main and alternate Elliott Wave counts progressing from quarterly to weekly to daily to intraday charts, the same way I present them in my “live” weekend counts webinars. Also shown is my […]

  March 24, 2012

• Elliott Wave Analysis of 30 year T-Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of 30-year T-Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. In preparation for the weekend “Counts” webinar, I typically spend most of the day Saturday counting waves and developing price targets on a large number of charts. During today’s preparations, while trying to figure out […]

  March 17, 2012

• 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. Here is a quick update of my main wave count for the S&P-500, including some updated targets for the end of upward movement. Please note that from the March 6 low, wave 3 green was shorter than […]

  March 15, 2012

• 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. With today’s new high above the the February 29 high, a slightly revised wave count is in order. Apparently, the gradual melt-up from January 5 though February 29 must now be labeled wave 3 (pink), despite the […]

  March 13, 2012

• Elliott Wave Analysis of the 30-yr T-Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the 30-yr T-Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The sideways choppy price action in bonds since September 23 appears to possibly have been carving out a triangle, which may now be near completion. Triangles are followed by an aggressive thrust, and the […]

  March 9, 2012

• Elliott Wave Analysis of the Nasdaq Composite Index (COMPQ) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Nasdaq Composite Index (COMPQ) by Sid from ElliottWavePredictions.com If the attached wave count is correct, the COMPQ has one more upside push in the tank before a significant move the the downside ensues. Wave 5 of an expanding ending diagonal is usually quite aggressive, and is likely to end just […]

  March 5, 2012

• Recap of the last two Weekend “Counts” Webinars by Sid from ElliottWavePredictions.com

  Here are a few of the predictions and observations presented druring my last two live Sunday webinars (Feb 5 & 12): 1) I’ve been pounding the table the last two webinars that the best opportunity at the moment right now was in currencies, because of a technical expectation of renewed US Dollar strength. Of the major currency pairs, I felt that the USD/JPY pair […]

  February 16, 2012

• 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. As expected in my last (Jan 31) post, the S&P did manage to eventually reach the 1343.11 required minimum target to complete an expanding ending diagonal, but the Dow hasn’t quite reached its equivalent […]

  February 8, 2012

• 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. The move down from last Thursday’s high of 1333.47 was clearly in 3 waves, which leaves the S&P with the following two wave counts, if my longer term count of a black WXY to complete wave B […]

  January 31, 2012

• 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. The British Pound (vs. the US Dollar) has carved out what appears to be a completed expanded flat for wave 2 black, where wave B blue was 1.382 times the length wave A blue traveled, and […]

  January 26, 2012

• 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. The Nasdaq-100 (NDX) index took out its 2011 highs late last week already, and the Dow Industrials moved a tick above its July 7 2011 high today, confirming in my mind that there was, in fact, 5 […]

  January 24, 2012

• Timely and relevant quotations from Frost & Prechter’s book: “Elliott Wave Principle”

  At times like this, when the main and alternate counts are diametrically opposed, the following passages from Chapter 3 of Frost & Prechter’s “Elliott Wave Principle” seem particularly appropriate: “Trading with the Elliott Wave Principle helps you remain both flexible and decisive, both defensive and aggressive, depending on the demands of the situation.” “The Elliott Wave principle is […]

  January 19, 2012

• 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. Despite the bullishness of the alternate count shown in the last post, my main count remains that a top is very, very near. Price has moved above where blue C equals blue A (1310), but there are […]

  January 19, 2012

• 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. As equities continue to rally, I’ve received a number of emails asking “Is there another scenario that would allow stocks to continue to rise, possibly to new highs above the 2011 highs?” So here is an alternate […]

  January 19, 2012

• 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. The most interesting aspect of the wave count shown above is that price action since the January 5 low counts as a perfect ending expanding diagonal, including a wave 5 that bounces precisely off of a line […]

  January 18, 2012

• 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. Wave C blue continues upward, with virtually all of the upward movement over the last 3 weeks created during three overnight sessions. As shown on the chart, the US equity markets have now reached […]

  January 17, 2012

• Elliott Wave Analysis of the Dow Jones Transportation Average (DJTA) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Dow Jones Transportation Average (DJTA) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Of the major U.S. equity indices, the Dow Jones Transportation Average has been producing some of the cleanest non-ambiguous Elliott Wave patterns over the past few months, and the implications of the wave structures support […]

  January 12, 2012

• Quick Update on the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com

  Quick Update on the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. As I showed in detail as a strong alternative in Sunday’s live “Counts” webinar, an ending diagonal appears to be playing out now, in effect delaying the end of wave C (blue) just a bit. Movement […]

  January 10, 2012

• 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. As you can see on the chart, upward movement may have concluded with an exhaustion gap to open the first day of trading this year. However, if the Dow Jones Industrial Average does manage […]

  January 6, 2012

• 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. Today’s large opening gap was followed immediately by a stall-out, and the session actually closed beneath the open. Not a good sign. This could easily have been an exhaustion gap, to be followed soon by a possible […]

  January 4, 2012

• 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. This last push to the upside appears to be pointing to 1279 on January 3rd/4th, needing only to complete wave 5 pink to the upside, as shown. If this count is correct, the high for 2012 in […]

  December 30, 2011

• Elliott Wave Analysis of the S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. This more immediately bearish alternate wave count appears to be as legitimate as any any other I can conjure up at the moment. (For a larger look at my long standing main wave count for […]

  December 22, 2011

• 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. Here’s my latest take on the most recent movement in the SPX . . Sid http://elliottwavepre.wpengine.com

  December 19, 2011

• 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. The main idea remains the same: Because I can count 5 waves up from the November 25 low (1158.66), it is highly likely that there will be another 5-wave impulse to the upside to complete a zigzag […]

  December 14, 2011

• 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. Here’s my wave short term wave count for the SPX, which expects a bit further downward movement, with the most likely target at 1216, (where wave c green equals wave a green). This should be followed by […]

  December 8, 2011

• 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. My main long term wave count for the British Pound is that a triangle lasting almost 3 years ended on October 31, and a thrust projected to move almost 4000 pips downward over the next year […]

  December 5, 2011

• 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. The expected 5th wave down (that was starting to materialize nicely after my last post) was obliterated in a flash by the market’s kneejerk response to coordinated central bank interventions around the globe, as if liquidity were […]

  December 1, 2011

• 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. Here in my most recent wave-count roadmap for the S&P, as explained in Sunday’s live webinar. My main count is now that the October 27 high will hold, and that Wave C burgundy is underway, with a […]

  November 22, 2011

• 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. I wouldn’t be surprised if we get a rally from here in Cable, lasting possibly through tommorrow, to complete the correction of yesterday’s huge downward impulse. If that occurs, it would likely be mimicked in the […]

  November 10, 2011

• 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. The upward movement from the November 1 low can be interpreted as a triple zigzag, and reversed right at the .786 fibonacci. The aggressiveness of the downward movement over the last 7 hours brings back the likelihood […]

  November 9, 2011

• 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. I’m considering flipping my main and alternate counts. The systemic problems in Europe may be too severe to expect the typical seasonal year-end rally to amount to much. I’ll be going over the main and alternate wave […]

  November 1, 2011

• 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. With the chance of an ending expanding diagonal now invalidated, and the super bearish character of the move down from the top, this is now my main count, without reservation. Invalidation is now at 1.42477. Please […]

  November 1, 2011

• Something to watch for in the Euro over the next few hours by Sid from ElliottWavePredictions.com

  All commentary is on the chart . . Sid http://elliottwavepre.wpengine.com

  November 1, 2011

• 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. The SPX only took one day to reach the minimum mentioned in the last post. If this is an expanded flat (as depicted in my main wave count above), wave c (pink) is just a eyelash shy […]

  October 27, 2011

• Elliott Wave Analysis of the S&P-500 (SPX) by Sid from Elliott WavePredictions.com

  Elliott Wave Analysis of the S&P-500 (SPX) by Sid from Elliott WavePredictions.com. Click on the chart twice to enlarge. Based on the futures pre-open this morning, it appears most likely now that we are seeing a large ending expanding diagonal in the SPX. If that (relatively rare) wave count is correct, and if my labeling […]

  October 27, 2011

• Elliott Wave Analysis if the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis if the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The upside breakout in the Euro after the news release just now from the EU summit brings this potential wave count to mind, where the Euro may be in a wave 3 green within wave c […]

  October 27, 2011

• 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. I’m seeing a possible 4th wave triangle in several US equity correlated items (like the AUD/USD currency pair, for instance), with the terminal upward thrust out of the triangle either complete, or nearly so. […]

  October 24, 2011

• 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. We may have a wave 2 blue top in for the Euro, but the upward movement from the early October low is just as likely to be a zigzag for wave “a” pink. Either way, there […]

  October 24, 2011

• A less bullish alternative for the SPX . .

  Here’s a shout out to Conan M. for sending in this alternate count, which depicts a possible ending expanding diagonal to complete an upward impulse from the Oct 4 low. All of the requirements of an ending expanding diagonal have been reasonably met. If this count is correct, the question moving forward would be whether […]

  October 21, 2011

• Quick Update on the S&P-500 and Euro by Sid from ElliottWavePredictions.com

  The Euro and the S&P just moved past the upside invaldation point of the triangle scenario. It is therefore possible that wave B black in the SPX already finished as either a running flat, or a WXY combination, and an upward 5-wave impulse for wave C black is underway, starting either from the Oct 18 […]

  October 21, 2011

• Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Movement in equities and currencies is suggesting the possibility of a triangle formation, which means that downward movement may be quite limited at this time. 1191.48 is the SPX “line in the sand” between a running […]

  October 20, 2011

• Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My long-time primary expectation that equities will “hold up” thru year end is still in-tact, and is supported by long term wave structures in the US Dollar and Oil that require several more weeks of corrective […]

  October 18, 2011

• Elliott Wave Analysis of the S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 ES futures contract by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The most recent whipsaw may be complete, and I think the S&P is getting close to starting into a move back to the bottom of the recent range. The fact that a large WXY combination […]

  October 11, 2011

• Quick Update on the S&P-500 emini (ES contract) by Sid from ElliottWavePredictions.com

  Quick Update on the S&P-500 emini (ES contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge . . Sid http://elliottwavepre.wpengine.com

  October 5, 2011

• 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. If the Euro starts rallying by tomorrow, I think the Elliott Wave count depicted in the chart above is correct. Typically, in an expanding ending diagonal, wave 5 terminates just before reaching a trend line extending […]

  October 3, 2011

• Quick Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

  Quick Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge.

  September 29, 2011

• 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. We may have seen the end of wave 1 blue today, although there is a slightly lower fibonacci target at 1.334, if wave 5 green within wave 5 pink reaches .382 times the net distance traveled […]

  September 26, 2011

• Elliott Wave Analysis of Crude Oil (QM futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Crude Oil (QM futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here’s a sneak peek at my current main Elliott Wave count for Crude Oil (QM), depicted on a weekly chart. Please join me for my weekly 2-3 hour LIVE Sunday morning webinar. Covered topics include […]

  September 25, 2011

• Quick Update on the S&P-500 (ES futures contract)

  Here’s a quick idea, if the sideways movement since the August lows is a “flat”. Sid

  September 22, 2011

• Elliott Wave Analysis of the S&P-500 futures contract (ES) by Sid from Elliott WavePredictions.com

  Elliott Wave Analysis of the S&P-500 futures contract (ES) by Sid from Elliott WavePredictions.com. Click on the chart twice to enlarge. The knee-jerk market reaction to “Operation Twist” was impulsively negative, and despite the fact that the S&P moved (so far) pretty much exactly to my target for wave b pink (see yesterday’s post), the […]

  September 22, 2011

• Elliott Wave Analysis of the SPX index (S&P-500) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the SPX index (S&P-500) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Movement in the SPX has continued to progress as expected. Here is my main wave count depicted on weekly, daily, and 60 minute charts . . Sid http://elliottwavepre.wpengine.com

  September 21, 2011

• Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. I think this next week is a bit of a crap shoot. We are due a pink wave “b” in the DJIA and SPX, but it could be short & quick (if blue Y equals blue […]

  September 17, 2011

• Update from Sid at ElliottWavePredictions.com

  Announcement: Due to an out-of-town business conflict, there will be no “Counts” webinar this weekend (Sunday Sept 18). The next LIVE webinar will be next Sunday, September 25. I hope you can join me then. Thanks . . Sid

  September 17, 2011

• Quick Idea (not a prediction) on the Euro by Sid from ElliottWavePredictions.com

  This is not a prediction. Its an idea. An idea that seems quite absurd after the recent 1000 pip elevator ride downward in the Euro, but: . . . the pattern since the August 29 high of 1.455 looks suspiciously like an ABC zigzag, supported by waves A and C being virtually equal in length, […]

  September 15, 2011

• Elliott Wave Analysis of the DAX, SPX, and Nasdaq by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the DAX, SPX, and Nasdaq by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. For those of you that follow this site regularly, you’ve been aware of the truncated 5th wave down in the US equities indices (from Aug 17 thru Aug 22) since the September 2 post, and […]

  September 14, 2011

• Elliott Wave Analysis of the S&P-500 e-mini futures contract (ES) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 e-mini futures contract (ES) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Based on the Euro possibly being overdue for a relief rally, as well as what counts best (at least in the contract, which isn’t as reliable as the index) as 5 waves up in […]

  September 9, 2011

• 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. If the Euro moves below 1.37951, this will be the final confirmation in my opinion that Wave 3 blue within wave 3 black is underway. Within wave 1 blue, the fibonacci relationship where wave 5 pink […]

  September 8, 2011

• 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 each chart twice to enlarge. Here are my updated and slightly revised long, intermediate, and short-term Elliott Wave counts for the EUR/USD currency pair. The expectation moving forward is very similar to my truncation count from before. These new main counts […]

  September 6, 2011

• Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I’ll be vacationing over the labor day weekend, and won’t be holding the usual 2-hour “Counts” webinar, so here’s a quick look at my main Elliott Wave count and forecast for the SPX. Have a great […]

  September 2, 2011

• 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. Here’s my end-of-the-week “take” on the Euro. Next week is important, and there are three things I’ll be on the lookout for as confirmations of a major trend change: 1) a clear 5th wave down, with […]

  September 2, 2011

• Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Since my last post a few hours ago, the dollar has strengthened against the Euro by 120 pips (so far), and I must admit, the price action appears impulsive. Also, the British Pound (GBP/USD) is following through in […]

  September 1, 2011

• Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the USD/CHF Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The USD/CHF currency pair may finally have put in a bottom of what I’m counting as Cycle Wave 3, which started way back in 1985. This could be an yet another piece of the puzzle falling […]

  August 11, 2011

• 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 internal wave structure of the move down in the DJIA from the July 7 high though the August 9 low can count as completed waves 1, 2, and 3 black, and more to the point, appears […]

  August 9, 2011

• 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 charts twice to enlarge. I’ve decided to re-classify my main and alternate wave counts for the Euro, so that both are now equal in probability rank. I’ll call them Scenario A and Scenario B, which are pictured above, and described […]

  August 8, 2011

• 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 following best represent the many questions I’ve received over the past 3 days: 1) Is the top is in? My answer: I’m afraid so. Both the S&P-500 and Russell 2000 moved aggressively into […]

  August 5, 2011

• 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. My long standing expectation for a pink ABC zigzag to complete wave 5 blue of an ending contracting diagonal in the Euro is still right on track, as is the inverse in the US Dollar Index. […]

  July 29, 2011

• Quick Update on Gold by Sid from ElliottWavePredictions.com

  Quick Update on Gold by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. It looks like the area surrounding my last published Fibonacci target of 1589, which was arrived at based on the historical tendency of extended wave 5’s to equal the net traveled by the same degree waves 1 through 3 is […]

  July 27, 2011

• Quick Update on the Dow Jones Industrial Average DJIA (YM Futures Contract) by Sid from ElliottWavePredictions.com

  Quick Update on the Dow Jones Industrial Average DJIA (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The trading week started with a gap lower, followed by choppy upward movement. We now have what easily could be interpreted as a completed 5th wave, supported by MACD divergence between the […]

  July 26, 2011

• Elliott Wave Analysis of Crude Oil and the USD/CAD Currency Pair by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Crude Oil and the USD/CAD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. As anyone who’s attended any of my recent webinars knows, I’m expecting major trend changes in most major markets within the next few days (or weeks on the outside), and Crude Oil (and […]

  July 17, 2011

• 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. Here’s my bearish alternate count for the SPX, which I find to be the most likely of the “top is in” Elliott Wave counts. This scenario involves a truncation, which explains 1) the fact that the downward […]

  July 12, 2011

• Quick Note from Sid: I’ve updated the content of my “Early Detection of Trend Changes Utilizing a Combination of Elliott Wave, MACD & Japanese Candlesticks” webinar class

  Quick Note from Sid: I’ve updated the content of my “Early Detection of Trend Changes Utilizing a Combination of Elliott Wave, MACD & Japanese Candlesticks” webinar class. Hi everyone. I hope your trading week went well. I’ve just added some substantial additional content to my weekend webinar/class: “Early Detection of Trend Changes Utilizing a Combination […]

  July 8, 2011

• Eliott Wave Analysis of S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P 500 (ES futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here is a quick idea of what I’m expecting for the S&P, although, my preferred Fibonacci target of 1431 on August 17 would actually take longer to finish up than is depicted on the […]

  July 7, 2011

• New Long-Term Elliott Wave Count for the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com

  New Long-Term Elliott Wave Count for the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. After a few days away from the charts, I’ve come back to them with “new eyes”. As many of you know, I’ve been thinking that the early May high in the stock market and […]

  June 26, 2011

• Elliott Wave Analysis of S&P-500 and EUR/USD by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of S&P-500 and EUR/USD by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. My wave counts for the S&P-500 and the EUR/USD currency pair have reached a very important juncture, because either my main S&P count is correct, with a wave 5 burgundy rally due to commence, AND my alternate […]

  June 15, 2011

• Quick update on the S&P ES e-mini futures contract by Sid from ElliottWavePredictions.com

  Quick update on the S&P ES e-mini futures contract by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The pink vertical lines are placed at the MACD line or MACD histogram extremes, and confirm the validity of this Elliott Wave count by matching up nicely with the wave 3 extremes throughout. Also, notice […]

  June 14, 2011

• Historical Elliott Wave Perspective and Prediction for the Dow Jones Industrial Average DJIA by Sid from ElliottWavePrecitions.com

  I’ve been meaning to post my long term history and outlook for the Dow Jones Industrial Average (DJIA) using a semi-log chart, but my platform has, until recently, had a difficult time keeping the chart sized correctly in semi-log mode. I actually got it to fill up the screen nicely and stay that way this […]

  June 9, 2011

• Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Developing wave counts during sloppy, overlapping price action is difficult, to say the least. This is why you see so many different Elliott Wave interpretations out there. Be that as it may, I’ve found that the correct count […]

  June 7, 2011

• Elliott Wave Analysis of the S&P 500 by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I’ve been getting a lot of questions about my count on the US Stock Market, so here is an updated chart, but my target zone for wave 4 burgundy to end hasn’t changed substantially since my May 25 […]

  June 7, 2011

• 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. I’m now calling the above my preferred count for the Euro. We’re probably just a day or two away from the MACD divergence I’ve been looking for on this 180 minute chart. Just beware that the […]

  June 6, 2011

• 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 charts twice to enlarge. Last week was pretty significant in my opinion, because the US Dollar lost ground at the same time as the US stock market. This could be a game changer if it sticks. These two have been […]

  June 6, 2011

• Book review of Prechter’s “Beautiful Pictures” by Sid from ElliottWavePredictions.com

  Hi all. I hope everyone is having a fine week. I just bought and read the book “Beautiful Pictures from the Gallery of Phinance” by Robert Prechter Jr., and am quite happy to add it to my trading education library. I think most of you are aware that my Elliott Wave counts and predictions are […]

  May 26, 2011

• 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. Upon further scrutiny, the leading diagonal count that looks so perfect on the YM futures contract doesn’t hold up on the index itself, because wave 3 would be longer than wave one, while wave […]

  May 25, 2011

• 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. Here is a look at the most recent price action since the May 1 high in the Dow Jones Industrial Average YM futures contract. As you can see, the initial downward wave from the […]

  May 21, 2011

• Elliott Wave Analysis of the S&P 500 SPX EX – the “Bullish ’til June” scenario – by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the S&P500 SPX – the “bullish ’til June” scenario – by Sid from ElliottWavePredictions.com. As always . . please click on the chart twice to enlarge. The push off yesterday’s mid-day low followed through aggressively today, and looks to have legs. So . . (trumpet blast) . . enter my new […]

  May 19, 2011

• 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 chart twice to enlarge. Here is a quick update of the EUR/USD pair. It shows both the main count, which is very close to invalidation, and the alternate, the “expanded flat for wave 2 pink” scenario, which, if price moves above […]

  May 18, 2011

• Elliott Wave Analysis of the Nasdaq Index $COMPQ by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the Nasdaq Index $COMPQ by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. As promised, here is an updated chart of my alternate counts for the US stock market, this time, for the Nasdaq Composite Index, symbol $COMPQ. These counts consider that we’re still in a wave 4, as […]

  May 18, 2011

• Elliott Wave Analysis of Crude Oil (QM) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of Crude Oil (QM) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Crude Oil, like the currencies, had been floating adrift for the first day-and-a-half of trading this week, but appears to have awakened in late trading today. If my count is correct, Crude Oil will rally in 5 […]

  May 17, 2011

• Elliott Wave Analysis DJIA Dow Jones Industrial Average – update of the uber-bearish count by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis DJIA Dow Jones Industrial Average – update of the uber-bearish count by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The wave structure since the May 2 high continues to present bearish, and as the downward movement from that high evolves, I plan to gradually use longer term candles to […]

  May 17, 2011

• 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. Here is a daily chart of the Russell 2000 index, showing that yesterday’s session broke and closed below two major trend lines, one connecting the extremes of wave 2 & 4 blue, and the other connecting […]

  May 17, 2011

• Elliott Wave Analysis SPX S&P500 (the top is “in” scenario) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis SPX S&P500 (the top is “in” scenario) by Sid from ElliottWavePredictions.com. And finally, here is a scenario where the 26-month-old bull market ended on May 2nd. Since there are 4 viable possibilities right now, we’ll just have to see what the market reveals to us over the next few days in order […]

  May 16, 2011

• Elliott Wave Analysis SPX S&P500 (ending diagonal scenario) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis SPX S&P500 (ending diagonal scenario) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. This ending contracting diagonal Elliott Wave count calls for one more upside push to a new high to end the 26 month old bull market. In this scenario, movement below 1325.7 invalidates, the max high is […]

  May 16, 2011

• Elliott Wave Analysis SPX S&P500 (triangle or flat scenario) by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the SPX index of the S&P 500. Click on the chart twice to enlarge. Shown are two of the SPX Elliott Wave counts for those who believe that the top isn’t in yet. It depicts the path of both an expanded flat in the S&P (see the black arrows), and a […]

  May 16, 2011

• Elliott Wave Analysis of the US Dollar Index by Sid from ElliottWavePredictions.com

  Elliott Wave Analysis of the US Dollar Index by Sid from Elliott WavePredictions.com. Click on the chart twice to enlarge. My alternate count is now the main count, and vice versa. Either way, the Dollar is either already in wave 3 up, or soon will be. A big rally in the dollar appears to have […]

  May 14, 2011

• Elliott Wave Analysis – Dow Jones Industrial Average DJIA – by Sid from ElliottWavePredictions.com

  Here is a historical Elliott Wave look at the Dow Jones Industrial Average, as well as my long term prediction moving forward. Enjoy! (Click on the chart to enlarge. Click again on the enlargement to zoom in further.) P.S. I’m in the process of reworking my weekend webinars. Look for an announcement email about this, […]

  May 8, 2011

• The top is likely in on the Euro, and therefore a bottom in the US Dollar. Huge ramifications . .

  I was in a hurry to get this posted, so the orange line connecting the extremes of wave 1 & 3 orange is in the wrong place, but you get the idea. It really does look like a major turn has just occurred in the dollar, and therefore the commodities . .

  May 5, 2011

• EUR/USD update – one more slight new high is possible, but a major trend change looms . .

  Gettin’ very close now . . I’m expecting the long awaited trend change in the EUR/USD tomorrow or Friday at the latest. In my opinion, based on the wave structure, the uptrend since June of 2010 to likely to end no higher than in a tight zone of 1.4970 to 1.5. Invalidation is still at […]

  May 4, 2011

• EUR/USD updated chart from Sid at ElliottWavePredictions.com

  EUR/USD updated chart . . Since wave 3 green was shorter than wave 1, there is a maximum for wave 5 green, which is almost exactly to the pip the same as the invalidation point for the long term 1-2-1-2 scenario . . http://elliottwavepre.wpengine.com

  May 4, 2011

• Elliott Wave Analysis of the S&P 500 (SPX) by Sid from ElliottWavePredictions.com

  Here is my current Elliott Wave Analysis for the S&P 500 Index (symbol SPX). While my previous expectation for a wave 4 black running triangle or expanded flat has not been invalidated, because the upward movement in the Nasdaq COMPQ index from March 16 through April 6 counts as clearly impulsive (1-2-1-2-3-4-3-4-5), and is confirmed […]

  April 30, 2011

• New main & alternate Elliott Wave counts for EUR/USD currency pair from Sid @ ElliottWavePredictions.com

  Here is my new road map for the Euro. (Click on it to enlarge). There’s lots of good information on the chart, so please take some time to look it over. Both a main and alternate count are depicted. There are numerous reasons why I chose this particular main and alternate count moving forward, the […]

  April 27, 2011

• Elliott Wave Analysis – Russell 2000 Index – Daily Candles. A lesson on how the MACD can assist in developing wave counts . .

  Here’s my detailed Elliott Wave count of the Russell 2000 index since the July 6, 2010 low. Notice how the MACD assists in developing the wave counts by pinpointing the wave 3’s along the way. Also notice that each instance of “divergence” between price and the MACD line was immediately followed by a correction. Divergence […]

  March 14, 2011

• EUR/USD – March 2, 2011 – Daily Candles. The bullish pink (minute) wave 3 finally gets going . .

  The EUR/USD currency pair finally got legs today, and broke through a key resistance line at 1.38631 (ask). This is the behavior I’ve been looking for to confirm my long term Elliott Wave count (see http://elliottwavepre.wpengine.com/?p=260). The Euro should not only continue to the upside as I had predicted, it may “prop up” the US stock […]

  March 2, 2011

• EUR/USD – February 23, 2011 – weekly candles. Here’s my revised long term count for the Euro . .

  Here is my slightly revised longer term count for the Euro. The key to this new count is the re-labeling of the upward price action from June 5, 2010 through October 30, 2010 as a five wave impulse, and therefore re-labeling it as minor wave A (blue). This new count therefore calls for current price action to continue up in […]

  February 23, 2011

• $SPX – February 13, 2011 – monthly candles. Middle of Cycle wave 3 of Supercycle wave 5 up . . .

  There are constant rumblings from many of the trading blogs regarding the underlying internal weakness accompanying the incessant rise of the US stock market since March of 2009, and especially since July 2010. The explanation for this may may be as simple as one of the Elliott Wave guidelines of wave personality: fifth waves are by nature, weaker in breadth than third waves. The above chart is […]

  February 13, 2011

• EUR/USD – February 5, 2011 – weekly candles. Here’s my preferred “big picture” count on the Euro: Leading Diagonal . .

  This is my preferred longer term count for the Euro: a bearish leading diagonal for Primary (burgandy) wave 1. Each wave of the diagonal appears to be a zigzas, so, inside intermediate (black) wave 5 down, I believe we’ve seen Minor (blue) waves A and B complete. All thats left is five Minute (pink) waves down for Minor wave C (blue), eventually reaching the […]

  February 5, 2011