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 […]
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 […]
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
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 […]
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. […]
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 […]