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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
Combined Elliott Wave and Hurst Cycle Analysis of the Nasdaq (NQ Futures Contract) by Sid from ElliottWavePredictions.com
Combined Elliott Wave and Hurst Cycle Analysis of the Nasdaq (NQ Futures Contract) by Sid from ElliottWavePredictions.com. The NQ futures contract has been presenting very clear internal wave structures and Hurst cycle designations for past year and a half, and should be considered a proxy for wave counts and Hurst Cycle analysis in other US […]
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 […]
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 […]
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 […]