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 Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Today’s slight new low in the GDX below the June 26 low is a big deal. Essentially it sends a message that the GDX has further down to go over the next few months and […]