Elliott Wave Update ~ 16 January 2020

Elliott Wave Update ~ 13 January 2020

There really is no resistance for the market for the time being. No trendlines or channels blocking price action.  This could be the "meat" of 3 of (5) of [5].

Elliott Wave Update ~ 6 January 2020

Another way to count wave (5)

Overbought levels on the weekly. Its been a while.

Gold. We got the movement higher we expected.

Dollar:

6 month yield:

Statistics and Probability

(This post was heavily edited due to objections - sorry about that!)

Here are all the winning Powerball numbers of all-time in a simple excel spreadsheet compiled from  the Powerball website. I checked it and it looks correct although I can't guarantee that at all.

I will email this file to anyone who wishes it.

Also I'm working on re-implementing DISQUS and I'll have a moderator. Stay tuned. Things are screwed up a bit for now, I'm working on getting it reimplemented.

Here is an example of the excel file. Like I said, it looks correctly compiled. The last # on each list is of course the Powerball.

 Thanks!

Dan
Looking forward to a more active 2020 for sure!

Elliott Wave Update ~ 2 January 2020

Primary count. Note the black trendline may be a significant price point.

Elliott Wave Update ~ 18 December 2019

I have a count again.  Not much different than other major counts in the past but trying to make sense of the past 2 years or so. This supposes the last segments of 5 of (5) of [5] play out in some kind of ending diagonal.  

That would imply a sharp drop is just about upon us down to 4 of (5).  The alternate count is that red wave (5) continues advancing in a more normal manner for a longer period of time with no overlapping of waves 1 and 4. 

Comments are not working for now. I'll try to get them going again in the future except they will be moderated much more closely than before. No timeline on that for now.

All I can say is that I am happy to be blogging wave structures and counts again, and look forward to posting a whole hell of a lot more than I have been. Somtimes life doesn't afford us time for our hobbies.

Elliott Wave Update ~ 11 Decemeber 2019

There's not a great count for all of this. So sometimes its just better to draw a bunch of trendlines, support, resistance, and channels and see how prices react.