Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. If the Euro moves below 1.37951, this will be the final confirmation in my opinion that Wave 3 blue within wave 3 black is underway. Within wave 1 blue, the fibonacci relationship where wave 5 pink […]
Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I’ll be vacationing over the labor day weekend, and won’t be holding the usual 2-hour “Counts” webinar, so here’s a quick look at my main Elliott Wave count and forecast for the SPX. Have a great […]
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here’s my end-of-the-week “take” on the Euro. Next week is important, and there are three things I’ll be on the lookout for as confirmations of a major trend change: 1) a clear 5th wave down, with […]
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. The internal wave structure of the move down in the DJIA from the July 7 high though the August 9 low can count as completed waves 1, 2, and 3 black, and more to the point, appears […]
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 charts twice to enlarge. The following best represent the many questions I’ve received over the past 3 days: 1) Is the top is in? My answer: I’m afraid so. Both the S&P-500 and Russell 2000 moved aggressively into […]
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My long standing expectation for a pink ABC zigzag to complete wave 5 blue of an ending contracting diagonal in the Euro is still right on track, as is the inverse in the US Dollar Index. […]
Quick Update on the Dow Jones Industrial Average DJIA (YM Futures Contract) by Sid from ElliottWavePredictions.com
Quick Update on the Dow Jones Industrial Average DJIA (YM Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The trading week started with a gap lower, followed by choppy upward movement. We now have what easily could be interpreted as a completed 5th wave, supported by MACD divergence between the […]
Elliott Wave Analysis of Crude Oil and the USD/CAD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Crude Oil and the USD/CAD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. As anyone who’s attended any of my recent webinars knows, I’m expecting major trend changes in most major markets within the next few days (or weeks on the outside), and Crude Oil (and […]
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. Here’s my bearish alternate count for the SPX, which I find to be the most likely of the “top is in” Elliott Wave counts. This scenario involves a truncation, which explains 1) the fact that the downward […]
Quick Note from Sid: I’ve updated the content of my “Early Detection of Trend Changes Utilizing a Combination of Elliott Wave, MACD & Japanese Candlesticks” webinar class
Quick Note from Sid: I’ve updated the content of my “Early Detection of Trend Changes Utilizing a Combination of Elliott Wave, MACD & Japanese Candlesticks” webinar class. Hi everyone. I hope your trading week went well. I’ve just added some substantial additional content to my weekend webinar/class: “Early Detection of Trend Changes Utilizing a Combination […]