Elliott Wave Update ~ 30 December 2014

Elliott Wave Update ~ 29 December 2014

Elliott Wave Update ~ 26 December 2014

Sorry, have been out of town for a few days. Best count for now I suppose.

Although the GDOW is lagging.

Elliott Wave Update ~ 22 December 2014

This is not good.

Elliott Wave Update ~ 18 December 2014

Probably not a wave [ii] as labeled. But oh well, at this point, its still a decent count.

6 month yield count. Another movement in price.

Elliott Wave Update ~ 17 December 2014

Elliott Wave Update ~ 16 December 2014

Its justified to keep a solid count on the Global Dow. I have always thought it makes some of the best wave patterns.  After all, it is a bit of global contagion occurring yes? Clearly a corrective "three" pattern exists since the 2009 low.

The SPX can be counted to have 5 waves down to form at least a Minute [i].

Elliot Wave Update ~ 15 December 2014

Elliott Wave Update ~ 12 December 2014

Elliott Wave Update ~ 11 December 2014

Wave (ii) flat count:

GDOW:

Elliott Wave Update ~ 10 December 2014

Elliott Wave Update ~ 9 December 2014

We got the lower low this morning which formed a 5th wave from peak. Then wave (ii) rebound. The structure looks excellent as counted.

6 month yield on the move:

GDOW:

GOLD:

Reversal on the dollar

Bonds again:

Elliott Wave Update ~ 8 December 2014

Movement on the 6 month yield count:

Need another wave down to confirm a 5 wave move from recent peak.

Elliott Wave Update ~ 5 December 2014

Elliott Wave Update ~ 3 December 2014

A lot of our counts have been working fairly well. Take oil for instance:

And Gold is bouncing,

In the long term the GDOW count looks good:

And the short term:

Even bonds have behaved to the count decently:

The dollar has smashed through long term resistance.

I anticipate that the 6 month yield count will also smash through resistance in due time.  This will be the big shocker to the system in my opinion. We can get away with a GDP/debt ratio of 100% as long as rates are low but if rates rise - even just a little, its game over and deflation will roar and bankruptcies will come fast and furious.

All that's left is the US indexes. The SPX weekly:

Elliott Wave Update ~ 2 December 2014

Small impulse pattern from the top, perhaps corrective since the recent pullback low.