Trading Gold with Precision Timing!
In late May of 2019, while other market forecasting services were suggesting that gold would continue further to the downside, Sid was bullish. Those other forecasters remained bearish until gold broke out above the 2016 high. What good did that do anyone? Now, with gold only about 5% percent above that 2016 high, those other guys are very bearish on gold once again. Why? Because Elliott Wave theory, when used alone, is dangerously subjective. However, when Elliott Wave is combined with a dissimilar but equally robust methodology (like Hurst Cycle Analysis), a different forward roadmap often emerges.
The Dow Jones Industrial Average is Up Over 1000 Points Since Monday. Did Anyone Predict This Ahead of Time?
As far as I can tell, there were precious few market prognosticators calling for an imminent rally in the stock market just prior to this week’s surge. On the contrary, virtually all article writers and market technicians were projecting the market to move lower. As it turned out, the DJIA was up over 500 points on Tuesday, and is currently up over 1000 points for the week, and it’s only Thursday (June 6). Here’s highlights of my coverage of the DJIA and the VIX from my Sunday, June 2 Weekly “Counts” Webinar:
Trading Bitcoin with Precision Timing! (My calls on Bitcoin since late 2017)
In late 2017, the relentless parabolic move to upside in Bitcoin had caught the attention of the entire trading world. Since that time though, market participants have made OR lost a fortune during the one-year-long 84% crash of Bitcoin, depending on whether they were on the right side of the trade or not. The video below shows my analysis and projections for price movement in Bitcoin since late 2017.
Sid’s new website, ElliottWavePlus.com is the only way to subscribe to his weekly “Counts” webinars and twice-per-week EWP Screenshots starting April 10, 2017
Important Notice: Sid’s new website, ElliottWavePlus.com is the only way to subscribe to his Weekly “Counts” Webinars and twice-per-week EWP Screenshots (starting April 10, 2017). ElliottWavePlus.com is a huge improvement over ElliottWavePredictions.com! All paid subscribers can now log in to the subscriber area, where one full month of Webinar and ScreenShots history is available all […]