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Markets

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EURUSD: Wave X Connector - Double Three Pattern

Sep 20, 2015 at 13:29

In this blog we're going to take quick look at EURUSD Elliott Wave analysis from 9.16.2015 to see what WXY - Double three pattern looks like.

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Market Turning Points

Sep 20, 2015 at 13:12

SPX looks as if it made a classic counter-trend rally top on Thursday and confirmed the reversal with additional weakness on Friday. I still believe that whatever corrective pattern it…

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Parade of Fed Parrots Squawk About Rate Hikes This Year; Toss Out the Script

Sep 20, 2015 at 13:11

In an effort to convince the market that rate hikes are coming, an amusing parade of Fed parrots squawked in full force over the weekend, within an hour or so…

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Market Summary

Sep 20, 2015 at 09:22

U.S. stocks crashed hard Friday, but The Dow Jones Industrial Average took the biggest hit. The Dow suffered its second-worst Friday drop in 2015 on a point and percentage basis,…

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Weekend Market Forecasting and Trading Report

Sep 20, 2015 at 06:55

The recent selloff in US stocks from the May 2015 top has wiped out $1.86 trillion of wealth from the economy ...

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SP500 Index update - End Run Smash Looks Imminent...

Sep 20, 2015 at 06:48

The market didn't waste any time "getting on with it" yesterday after the bearish action on the day of the Fed announcement. It fell, and hard. We are going to…

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Stock Market Topped Thursday, Now What?

Sep 19, 2015 at 17:34

Last week, I predicted an important top for September 17 based on astrology. While I thought it would be a lower top, nonetheless, it was an important top caused by…

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Copper Bear Rally Underway

Sep 19, 2015 at 17:33

Copper has rallied recently and I believe this to be the start of a significant bear rally. Let's analyse the technicals of the daily, weekly and monthly charts.

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Technical Market Report for September 19, 2015

Sep 19, 2015 at 08:29

So far the market has been following the average seasonal pattern for September during the 3rd year of the Presidential Cycle and that cycle suggests weakness for the rest of…

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Gold And Silver - Ufa. Why It Matters But Does Not

Sep 19, 2015 at 07:19

To almost all Americans mentioning Ufa will bring a blank response. What is Ufa? None would ask, "Where is it?" for there has been no mention of it anywhere in…