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 Nasdaq Index $COMPQ by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Nasdaq Index $COMPQ by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. As promised, here is an updated chart of my alternate counts for the US stock market, this time, for the Nasdaq Composite Index, symbol $COMPQ. These counts consider that we’re still in a wave 4, as […]