Have We Seen the Top in the S&P-500? Let’s Take a Look . .
Have we seen the top in the S&P-500? Possibly, but not quite yet in my opinion. As you all know, I utilize a combination of several technical analysis tools to predict price movements in the markets. Those tools include Elliott Wave and its associated Fibonacci price targets, Hurst cycle analysis, MACD divergence, RSI overbought/oversold, support […]
Elliott Wave Analysis of 30-Year Treasury Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of 30-Year Treasury Bonds (ZB futures contract) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. Taking a short break from the stock market, here’s my current technical analysis of the ZB futures contract (30-year bonds). As shown in the lower left corner of the monthly chart above, the last large-degree […]
Technical Analysis of Silver Wheaton Corp. (ticker: SLW) by Sid from ElliottWavePredictions.com
Technical Analysis of Silver Wheaton Corp. (ticker: SLW) by Sid from ElliottWavePredictions.com. Silver Wheaton (SLW) is showing clear signs that it’ll be producing a 5-wave, non-overlapping Elliott Wave impulse to the upside from its November 11 low. The 60-minute chart really tells the tale, as an almost unmistakeable wave 4 (pink) triangle is forming. The […]
Elliott Wave, Hurst Cycles and Fibonacci Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com
Elliott Wave, Hurst Cycles and Fibonacci Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com. Click on each chart to enlarge. The Dow Jones Industrial Average is down only 2.33% since the Friday September 19 all-time high, but Hurst cycle analysis is already suggesting that a major top is “in”. As I […]
Sid’s Technical Take on the Long-Term Expectations for the Hang Seng Index ( HSIX / HKHI )
With U.S. stocks in nose-bleed territory, many money managers are smartly on the lookout for investment alternatives. The Hang Seng appears to be a decent intermediate-term option in my opinion. By combining Hurst Cycle Analysis and Elliott Wave, I’ve developed the roadmap below. Since the October 2011 (Burgundy B) low, which, by the way, was the US stock market low since […]
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 […]
Recap of the last two Weekend “Counts” Webinars by Sid from ElliottWavePredictions.com
Here are a few of the predictions and observations presented druring my last two live Sunday webinars (Feb 5 & 12): 1) I’ve been pounding the table the last two webinars that the best opportunity at the moment right now was in currencies, because of a technical expectation of renewed US Dollar strength. Of the major currency pairs, I felt that the USD/JPY pair […]
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 Nasdaq-100 (NDX) index took out its 2011 highs late last week already, and the Dow Industrials moved a tick above its July 7 2011 high today, confirming in my mind that there was, in fact, 5 […]
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. Wave C blue continues upward, with virtually all of the upward movement over the last 3 weeks created during three overnight sessions. As shown on the chart, the US equity markets have now reached […]