Daneric's Elliott Waves: August 2018

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Wednesday, August 29, 2018

Elliott Wave Update ~ 29 August 2018

I have no strong opinion on the short term wave count. We have been predicting a new all-time high and it has occurred. Just keep labeling them as they come. It does appear overall to be a final push but how long that lasts is a guess. November elections? Just after Labor Day instead when volume comes back?

Touching overbought territory again on weekly. If we get a surge to the upper trendline its might be a blowoff top.

Thursday, August 23, 2018

Elliott Wave Update ~ 23 August 2018

Tuesday, August 21, 2018

Elliott Wave Update ~ 21 August 2018

There are enough waves in place at this moment.

Thursday, August 16, 2018

Elliott Wave Update ~ 16 August 2018

Tuesday, August 14, 2018

Elliott Wave Update ~ 14 August 2018

Friday, August 10, 2018

Elliott Wave Update ~ 10 August 2018

New high has been made.

Monday, August 6, 2018

Elliott Wave Update ~ 6 August 2018

By no means the perfect count, but that's about where we seem to be

Friday, August 3, 2018

Elliott Wave Update ~ 3 August 2018

Wednesday, August 1, 2018

Elliott Wave Update ~ 1 August 2018

Dog days of late summer are upon us.

Wave Labeling

Wave labeling color code as follows (note - [brackets] used in lieu of circles for convenience sake) :

Grand Supercycle - BLUE - [I] [II] [III] [IV] [V] - [a] [b] [c]
Supercycle - GREEN - (I) (II) (III) (IV) (V) - (a) (b) (c)
Cycle - PINK - I II III IV V - a b c
Primary - BLACK - [1] [2] [3] [4] [5] - [A] [B] [C]
Intermediate - RED - (1) (2) (3) (4) (5) - (A) (B) (C)
Minor - BLUE - 1 2 3 4 5 - A B C
Minute - GREEN - [i] [ii][iii] [iv] [v] - [a] [b] [c]
Minuette - PINK - (i) (ii)(iii) (iv) (v) - (a) (b) (c)
Subminuette - BLACK - i ii iii iv v - a b c
Micro - RED - [1] [2] [3] [4] [5] - [A] [B] [C]
Submicro - BLUE - (1) (2) (3) (4) (5) - (A) (B) (C)
Miniscule - GREEN - 1 2 3 4 5 - A B C

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Daneric's Elliott Waves