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.
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 […]
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 […]
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 […]