Sid’s Sentiment Algo. How and Why it Works.
In the following video, Sid Norris of Elliott Wave Plus shows the latest revision of his Sentiment Algo, how it was constructed, and how well it has marked several trend changes in the S&P-500 and Gold over the past year.
Elliott Wave Analysis of the Nasdaq 100 Index ETF (QQQ) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Nasdaq 100 Index ETF (QQQ) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. There are several ways to track the Nasdaq. Today I’m showing the Powershares QQQ Trust, which generally tracks with the Nasdaq 100 Index. First, let’s take a look at a long-term (monthly) chart: The most […]
Three Charts Suggesting a Top in US Equities and in Junk Bonds, and the Resumption of a Huge Move Up in the US Dollar (by Sid from ElliottWavePredictions.com)
Three Charts Suggesting a Top in US Equities and in Junk Bonds, and the Resumption of a Huge Move Up in the US Dollar (by Sid from ElliottWavePredictions.com). Click on the charts twice to enlarge. The attached charts show that US equities and Junk bonds are both at trendline resistance after possibly complete terminal patterns, […]
Elliott Wave Analysis of the ES Futures Contract (S&P-500) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the ES Futures Contract (S&P-500) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Based on the internal wave structure over the past few days, and the influence of end-of-month window dressing by money managers, I suspect the equity markets will rally through the end of the trading week, delaying the […]
Elliott Wave Analysis of the S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. This more immediately bearish alternate wave count appears to be as legitimate as any any other I can conjure up at the moment. (For a larger look at my long standing main wave count for […]