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 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 chart twice to enlarge. Here is a quick update of the EUR/USD pair. It shows both the main count, which is very close to invalidation, and the alternate, the “expanded flat for wave 2 pink” scenario, which, if price moves above […]
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 […]
Elliott Wave Analysis of Crude Oil (QM) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Crude Oil (QM) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Crude Oil, like the currencies, had been floating adrift for the first day-and-a-half of trading this week, but appears to have awakened in late trading today. If my count is correct, Crude Oil will rally in 5 […]
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 […]
Elliott Wave Analysis of the Russell 2000 Index by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Russell 2000 Index by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Here is a daily chart of the Russell 2000 index, showing that yesterday’s session broke and closed below two major trend lines, one connecting the extremes of wave 2 & 4 blue, and the other connecting […]
