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Tuesday, October 16, 2018

Elliott Wave Update ~ 16 October 2018

Back to former support line.

Monday, October 15, 2018

Elliott Wave Update ~ 15 October 2018

Looking for the completion of the first impulse 5 wave structure down.

Thursday, October 11, 2018

Elliott Wave Update ~ 11 October 2018

Gold has some movement
Oil
Been a while since there was true panic. 
The FED can't keep up with the market. They'll raise rates again. The market always leads and the FED follows. 
This is kinda my take on the dollar. 
Could October 2018 be the biggest down monthly candle ever? Its only the 11th.
Log scale:







Wednesday, October 10, 2018

Elliott Wave Update ~ 10 October 2018

As I stated 2 updates ago, there was enough waves in place to justify the top was in. Key support levels given for a trend change and today those levels were solidly closed under. What took prices almost 3 months to claw ever upward was lost in only a matter of a few weeks. Such is the viciousness of a bear wave.
The weekly has the overall count. Prices fell back beneath the overthrow upper channel line.

Wednesday, October 3, 2018

Elliott Wave Update ~ 3 October 2018

It feels like a complex wave [iv] is tracing out before the final push.

Wednesday, September 26, 2018

Elliott Wave Update ~ 26 September 2018

Again, there are enough waves in place to justify the count.  There are a few key levels to watch. The red line represents a trend change if prices fall that far. The yellow line represents where we can expect the alternate [iv] prices to approximately level out at.


Thursday, September 20, 2018

Elliott Wave Update ~ 20 September 2018

We are once again at a spot where there are enough subwaves in place to justify the count.
Weekly. Will prices run to the upper line? And this is log scale.