Tuesday, December 30, 2014
Monday, December 29, 2014
Friday, December 26, 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.
Monday, December 22, 2014
Thursday, December 18, 2014
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.
6 month yield count. Another movement in price.
Wednesday, December 17, 2014
Tuesday, December 16, 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].
The SPX can be counted to have 5 waves down to form at least a Minute [i].
Monday, December 15, 2014
Friday, December 12, 2014
Thursday, December 11, 2014
Wednesday, December 10, 2014
Tuesday, December 9, 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:
6 month yield on the move:
GDOW:
GOLD:
Reversal on the dollar
Bonds again:
Monday, December 8, 2014
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.
Need another wave down to confirm a 5 wave move from recent peak.
Friday, December 5, 2014
Wednesday, December 3, 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:
Tuesday, December 2, 2014
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