"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •146 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 933.30 | +3.40 | +0.37% |
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WTI Crude •10 mins | 68.81 | +0.04 | +0.06% |
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Gasoline •23 mins | 1.983 | -0.008 | -0.42% |
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Ethanol •146 days | 2.161 | +0.000 | +0.00% |
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Silver •146 days | 30.82 | +1.16 | +3.92% |
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Silver • 146 days | 30.82 | +1.16 | +3.92% | |
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Copper • 146 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 72.84 | +0.03 | +0.04% | |
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Natural Gas • 7 hours | 3.431 | +0.062 | +1.84% | |
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Heating Oil • 13 mins | 2.234 | -0.007 | -0.31% |
Markets / Other
EWP on the S&P - Update
It is simple textbook interpretation. To act as control the expectation is a fast down move. However, if this is T4 it should be a corrective move down somewhere near…
EWP on the S&P - Update
Over the last few days the S&P has formed another small HEAD & SHOULDERS, which are distributions not accumulation patterns. It does not matter if they fail they are created…
An Elliott Perspective on the S&P Index
Triangles are formed when the market tries to resolve issues that have bullish and bearish influences. In this case, the issues are a weak economy, and positive effects of the…
EWP on the S&P - Update
The start of most major trends are difficult until they are established. This is particularly so of BEAR trends because of a natural bullish bias. Life would be very difficult…
EWP on the S&P - Update
The high was expected to be the top yesterday and it has held. (C) Wave has turned slightly more complex than expected. It sold off at open but support held…
EWP on the S&P - Update
As it stands the top of the pattern was most likely in shortly after open today. The persistent closing ramp failed. The DOW only succeeded in gaining 31 points, which…
EWP on the S&P - Update
This suggests that the down move will resume tonight as the S&P goes into the fourth swing of a 5-point reversal. Note the low last Friday was on 38.2% of…
An Elliott Perspective on the S&P Index
The market, as all natural systems in conflict moves from one level of consolidation or conflict to the next. The final point of resolutions are where the opposing forces spend…
An Elliott Perspective on the S&P Index
The subsequent SPIKE lows in the S&P were retests of this important low. Obviously, a break below this 50% range is going to be a major negative blow. Note the…
EWP on the S&P - Update
Once through, it will be an additional piece of action suggesting that this may be the [E] wave, and the top may be in at GREEN (C). This is based…
