Elliott Wave Analysis of Caterpillar Inc. (CAT) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Caterpillar (CAT) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since February 2012, CAT has been sporting 5-wave impulses to the downside, and 3-wave corrective structures to the upside, essentially amounting to a very bearish nested 1-2. Look out below! Services Offered by ElliottWavePredictions.com: EWP ScreenShots Weekly “Counts” […]
Elliott Wave Analysis of the 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
