Custom Search

Thursday, November 15, 2018

Elliott Wave Update ~ 15 November 2018

Thursday, November 8, 2018

Elliott Wave Update ~ 8 November 2018

A little more squiggles for Minute [ii]

Friday, November 2, 2018

Elliott Wave Update ~ 2 November 2018

Probably the best count for now.

Wednesday, October 24, 2018

Elliott Wave Update ~ 24 October 2018

As was noted yesterday, the overhead resistance proved pivotal and was a bearish sign.
Overthrow and now solidly back under.
The GDOW is a very bearish pattern - overlapping waves - since 2009 no matter how you try and count it. 
The count below is ultimately the most bearish. Overlapping waves for 9 years in an impulse-type count (5 waves) predicts a swift price collapse back to at least where it started.

Tuesday, October 23, 2018

Elliott Wave Update ~ 23 October 2108

We got that lower low. Overall count? We'll have to see how things shake out. But the market did get rejected at overhead resistance (red line). That's bearish.
No matter the short term gyrations, this chart is a gloomy one that has every wave accounted for.
Gold hanging in there.