"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 | 930.50 | +0.60 | +0.06% |
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WTI Crude •10 mins | 68.79 | +0.02 | +0.03% |
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Gasoline •14 mins | 1.988 | -0.004 | -0.19% |
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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 • 2 hours | 72.81 | -0.20 | -0.27% | |
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Natural Gas • 5 hours | 3.431 | +0.062 | +1.84% | |
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Heating Oil • 10 mins | 2.237 | -0.004 | -0.17% |
Markets / Other
An Elliott Perspective on the S&P Index
Clearly, the market condition has changed and the S&P short term is trying to reverse. The success or failure of its attempt will be very significant to its next action.…
An Elliott Perspective on the S&P Index
I would like to think if R.N. Elliott were still alive, he would come up with similar labeling as on this chart. This labeling accepts R. Elliott's labeling to 1929…
An Elliott Perspective on the S&P Index
The neckline is now the control and breaking above the neckline will be short term positive. Breaking below this pattern would be bearish particularly so if the breaking move is…
An Elliott Perspective on the S&P Index
Markets reflect crowd behavior and crowds are made up of individuals. The world is generally chaotic with random events occurring all the time. In this, we as individuals attempt to…
An Elliott Perspective on the S&P Index
Of interest was the BULLISHNESS as the five-point reversal was completing. Emotionally, the completion point was a hard sell. As stated for a few weeks now, was that the sentiment…
An Elliott Perspective on the S&P Index
The HEAD & SHOULDERS top for the [C], which was an assumed possibility some time ago, seems to be playing out so far. Typically, [T5] is likely to conclude around…
An Elliott Perspective on the S&P Index
Last week the assumption was that T5 would fail and that it has disintegrated into an expanding TRIANGLE. All that was needed was confirmation of price acceptance below T2. The…
An Elliott Perspective on the S&P Index
There are no changes on the larger time scale charts from last week. The main issue last week was the completion of the terminal C wave in the flat sitting…
An Elliott Perspective on the S&P Index
The position is mainly unchanged on this chart from last week's report. On this chart in addition to last week, I have added the red labeling for the IRREGULAR TOP.…
That Was The Week That Was!
As the Euro recovered so gold began to move the market upwards. The day before yesterday saw the mouths drop and the gasping begin, as gold shot through $360, as…
