All About our Improved Nightly “Sentiment Conditions” Screenshots – from Elliott Wave Plus
It’s time for the Elliott Wave Plus Quarterly Premium Plan Webinar! Our Premium Plan is best known for supplying automated trade signals on about twenty different trade-able instruments to subscribers on a nightly basis. However, our longtime Premium Plan subscribers are telling us that our new, improved nightly “Sentiment Conditions” screenshots are easily worth the price of the subscription alone. See for yourself! We’ll spend most of the time in this online seminar revealing all aspects of our new improved Sentiment Conditions nightly screenshots. We’ll show how they can help subscribers become better informed about Commercials vs. Retail sentiment positioning, and how that knowledge can be extremely valuable when making trading decisions. Time will be allotted for Q&A.
Are Interest Rates Topping? Has Inflation Peaked?
The following video clip from our April 10, 2022 Weekly Counts Webinar provide timely food for thought on those two questions. Possible conclusions are based on Elliott wave theory and its associated Fibonacci price targets, multi-decades trendlines (on semilog charts), and current sentiment conditions.
Rising Interest Rates and Inflation are all over the news. Conventional expectations of the directional market reactions to news have been consistently wrong. Investors are confused and worried. It’s time to get technical.
Technical analysis eliminates the worry and confusion. It ignores mainstream financial media, and their ridiculous, news-based explanations of why the market moves up and down. Elliott Wave theory, Cycle analysis and Sentiment Conditions are more important to traders and investors now than ever before.
The attached video clip was recorded on Sunday, April 12, and was a small portion of Sid’s Weekly Counts Webinar for ElliottWavePlus.com subscribers (Pro Plan and up).
In the video, Sid Norris examines TNX (bond yields), and TIP (Treasury Inflation Protection bonds). Are rates going to continue to skyrocket unabated? Is the aggressive inflationary period over?
Additional evidence of Sentiment extremes in bonds were presented later in the webinar. Here are current screenshots of current Sentiment Conditions in the ZB contract (30yr bonds), the ZN contract (10yr bonds), and the Japanese Yen, which is historically highly correlated with bonds. These screenshots show that Commercials are expecting rates to top about now (and bonds bottom), while retail traders, who are almost always wrongly positioned at major trend changes, think that rates will continue to aggressively rise. Premium Plan subscribers receive Sentiment Conditions screenshots on many tradable items nightly.
Every Wednesday and Sunday, we provide EWP Screenshots to subscribers (Basic Plan and up) on over two dozen popular trading instruments. The following are the last nine of those for the S&P-500, starting Feb 23, 2022, the day before the first shots were fired in the Russia – Ukraine war:
How Accurate has Elliott Wave Plus been on the S&P-500 recently?
How accurate has Elliot Wave Plus been on the S&P-500 Recently?
Here are our nine most recent EWP Screenshots of Sid’s predictive roadmaps for the S&P-500
Every Wednesday and Sunday, we provide EWP Screenshots to subscribers (Basic Plan and up) on over two dozen popular trading instruments. The following are the last nine of those for the S&P-500, starting Feb 23, 2022, the day before the first shots were fired in the Russia – Ukraine war:
Sid’s Elliott Wave Analysis of McEwen Mining Inc. (ticker symbol MUX)
After my recent post on First Majestic Silver Corp. (AG), I’ve received a number of requests for my current wave count on McEwen Mining Inc. (MUX), another highly regarded stock in the precious metals mining sector.
Sid’s Elliott Wave Analysis of First Majestic Silver Corp (ticker symbol AG)
Since AG’s August 2011 high of $26.88, the company’s stock price tumbled all the way down to $2.40 per share in January 2016. Let’s look at the price action in AG starting at that January 2016 low from an Elliott Wave perspective. (Click on the chart to enlarge)
