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Monday, September 17, 2018

Elliott Wave Update ~ 17 September 2018

So far things are tracking the count we presented last Wednesday. Look for a panic day perhaps.

Wednesday, September 12, 2018

Elliott Wave Update ~ 12 September 2018

From an Elliott Wave rule and guideline perspective, the below count is the best at the moment. We have a nice Minor 4 contracting triangle. We have wave form alternation between subwaves (ii) of [iii] and (iv) of [iii] and between [ii] and [iv]. And the count has no overlap violations.
Updating the gold chart, Elliott Wave International (click on my links to left!) tonight showed a chart of record bearish bets against gold rising. This is a bullish contrarian signal and fits the overall count very well. I still am projecting Gold to go back to the blue box virgin area in price.
I'll show you a snippet of their chart...I'm sure they don't mind. Visit their website through my links and become a FREE EWI member (I get a small commission if you do)


Friday, September 7, 2018

Elliott Wave Update ~ 7 September 2018

Probably the best count because wave (iv) of [iii] does not overlap (i) of [iii].

Tuesday, September 4, 2018

Elliott Wave Update ~ 4 September 2018

Probably the best count at the moment

Wednesday, August 29, 2018

Elliott Wave Update ~ 29 August 2018

I have no strong opinion on the short term wave count. We have been predicting a new all-time high and it has occurred. Just keep labeling them as they come. It does appear overall to be a final push but how long that lasts is a guess. November elections?  Just after Labor Day instead when volume comes back?
Touching overbought territory again on weekly. If we get a surge to the upper trendline its might be a blowoff top.