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Tuesday, December 30, 2014

Elliott Wave Update ~ 30 December 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.

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].

Thursday, December 11, 2014

Elliott Wave Update ~ 11 December 2014

Wave (ii) flat count:

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:
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.

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

Elliott Wave Update ~ 2 December 2014

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