In this video, Senior Tutorial Instructor Wayne Gorman uses real headlines, actual events and charts to provide a comprehensive look at what the financial media say drives the markets and why their “fundamentals” are usually wrong. And more importantly, you’ll learn why Elliott wave analysis is your best tool for forecasting the markets.
My work as a market technician is generally based on the premise that markets move based on technical aspects derived from prior price action. However, very large players with an agenda (ie: central banks around the globe) are actively involved in the markets. Can looking at both the technical and the influence of the FED provide greater insight into market forecasts? Let’s take a look.
Yesterday’s market jolt, according to the talking heads on financial propaganda TV was due to 10-year treasury yields “breaking out” above their Dec 2013 high. I’m sure this slight new high invalidated a few Elliott Wave counts, and “confirmed” a few others.
How I Eliminated Emotion and Directional Bias from my Elliott Wave Counts – A blog post by Sid Norris of ElliottWavePlus.com
I’ve been labeling charts using Elliott Wave theory for a very long time. I’ve also always tracked the Elliott Wave interpretations (wave counts) from several published wave counters over the years. Almost everyone familiar with Elliott Wave theory knows that . .
Elliott Wave, Hurst Cycles and Fibonacci Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com
Elliott Wave, Hurst Cycles and Fibonacci Analysis of the Dow Jones Industrial Average (DJIA) by Sid from ElliottWavePredictions.com. Click on each chart to enlarge. The Dow Jones Industrial Average is down only 2.33% since the Friday September 19 all-time high, but Hurst cycle analysis is already suggesting that a major top is “in”. As I […]