Quick update on the S&P ES e-mini futures contract by Sid from ElliottWavePredictions.com
Quick update on the S&P ES e-mini futures contract by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The pink vertical lines are placed at the MACD line or MACD histogram extremes, and confirm the validity of this Elliott Wave count by matching up nicely with the wave 3 extremes throughout. Also, notice […]
Historical Elliott Wave Perspective and Prediction for the Dow Jones Industrial Average DJIA by Sid from ElliottWavePrecitions.com
I’ve been meaning to post my long term history and outlook for the Dow Jones Industrial Average (DJIA) using a semi-log chart, but my platform has, until recently, had a difficult time keeping the chart sized correctly in semi-log mode. I actually got it to fill up the screen nicely and stay that way this […]
Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Developing wave counts during sloppy, overlapping price action is difficult, to say the least. This is why you see so many different Elliott Wave interpretations out there. Be that as it may, I’ve found that the correct count […]
Elliott Wave Analysis of the S&P 500 by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I’ve been getting a lot of questions about my count on the US Stock Market, so here is an updated chart, but my target zone for wave 4 burgundy to end hasn’t changed substantially since my May 25 […]
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. I’m now calling the above my preferred count for the Euro. We’re probably just a day or two away from the MACD divergence I’ve been looking for on this 180 minute chart. Just beware that the […]
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 charts twice to enlarge. Last week was pretty significant in my opinion, because the US Dollar lost ground at the same time as the US stock market. This could be a game changer if it sticks. These two have been […]
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. Upon further scrutiny, the leading diagonal count that looks so perfect on the YM futures contract doesn’t hold up on the index itself, because wave 3 would be longer than wave one, while wave […]
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. Here is a look at the most recent price action since the May 1 high in the Dow Jones Industrial Average YM futures contract. As you can see, the initial downward wave from the […]
Elliott Wave Analysis of the S&P 500 SPX EX – the “Bullish ’til June” scenario – by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P500 SPX – the “bullish ’til June” scenario – by Sid from ElliottWavePredictions.com. As always . . please click on the chart twice to enlarge. The push off yesterday’s mid-day low followed through aggressively today, and looks to have legs. So . . (trumpet blast) . . enter my new […]
Elliott Wave Analysis DJIA Dow Jones Industrial Average – update of the uber-bearish count by Sid from ElliottWavePredictions.com
Elliott Wave Analysis DJIA Dow Jones Industrial Average – update of the uber-bearish count by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The wave structure since the May 2 high continues to present bearish, and as the downward movement from that high evolves, I plan to gradually use longer term candles to […]