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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]