Elliott Wave

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Mounting evidence points to a tectonic shift toward economic conservatism. Even so, many experts remain dismissive of the possibility of deflation. Learn when we believe that “deflation will go viral.” Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based on simplified wave analysis for… April 15, 2024 GBP/USDAnalysis:On a large […]

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx A Quick Market Insight for Today’s Investors As our brand-new, December 2014 Financial Forecast was going to press today, we had a quick opportunity to ask Steve Hochberg, Financial Forecast co-editor, a couple of important questions. Watch. Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based on simplified wave analysis […]

When Shinzo Abe became the Prime Minister of Japan in December 2012, he was regarded with the kind of reverence that politicians dream about. He was featured in a hit pop song (“Abeno Mix”), hailed as a “samurai warrior,” and featured on the May 2013 The Economist cover as none other than Superman. But in […]

Technical summary: We are still locked in the range between 1.5788 to the downside and 1.6000 to the upside. Only a break out of this range will get things going again. We still favor a break towards the upside, for a rally towards 1.6274 on the way higher to 1.6446 and 1.6800. That said, the […]

Technical summary: As the euro was reinforced after a less dovish ECB press conference, a break above 148.19 and even 148.25 was seen. That said, we are still holding below the top at 149.13, which is an invalidation point for our bearish count. In the short term, we will look for new signs of weakness […]

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Millions of people are counting on their pensions for their retirement plans. But scores of public pension plans are in shambles. More than that, the U.S. government agency that insures many private pension plans is flat broke. Learn about another federal “guarantee” that may sorely disappoint. Learn How the Wave Principle Can Improve Your […]

Technical summary: We are still looking for support at 1.5788 to protect the downside for a break above minor resistance at 1.5942 and more importantly a break above resistance at 1.5791, which will confirm the next rally higher to 1.6273 and above. Only and unexpected break below 1.5788 will delay the expected upside pressure for […]

Technical Summary: Our preferred count still shows, that wave b of the wave (ii) correction ended at 148.19 and waves c lower to at least 144.77 is now unfolding. In the short term, a break below 147.27 will confirm the next implusive move lower. Only a break above resistance at 147.89 will delay the expected […]

Technical summary: Not much has happened here, but we are still looking for support at 1.5788 to protect the downside for a break above resistance at 1.5942 and more importantly a break above resistance at 1.5991 to confirm the next rally towards 1.6273 and higher. Only an unexpected break below support at 1.5788 will delay […]

Technical summary: The correction in wave b needed a final rally closer to the ideal target at 148.25 (the high came in at 148.19). We will now be looking for a break below minor support at 146.25 as indication, that wave c lower to at least 144.77 is developing. We do believe that wave c […]

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Many market analysts are banking on a “Santa Claus rally.” But history shows that stocks can turn in the opposite way from seasonal patterns. Get important insights that you need to know about the end-of-year stock market pattern. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Goldman Sachs stock […]

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx While you were shopping or watching football on Black Friday, commodity markets got upended. This November 30 Wall Street Journal sets the scene… Watch. Learn How the Wave Principle Can Improve Your Trading Related Posts:Market Comment – Dollar pulls back; ECB sends clearer cut… April 12, 2024 Dollar takes a breather, but Fed bets […]

Technical summary: We are still looking for a break above minor resistance at 1.5920 to confirm acceleration higher towards 1.6000 and 1.6273. Only an unexpected break below support at 1.5788 will delay the expected upside for a move slightly lower to 1.5745 before the next upside pressure should be expected. Trading recommendation: We are long […]

Technical summary: We are still looking for wave b a little higher towards 148.25 before wave c lower towards 143.88 will be ready to take over. Short term, we should expect minor support at 147.31 will protect the downside for a break above minor resistance at 147.77 confirming the last rally higher to 148.25 and […]

Technical summary: We are still looking for wave c to take off soon. However, a break above minor resistance at 1.5900 and more importantly a break above resistance at 1.5972 is needed to confirm, that wave c higher is developing for a continuation towards 1.6273 on the way higher to 1.6446 and 1.6800. If however, […]

Technical summary: Our preferred count is still calling for a move lower soon, but the failure to break clearly lower does open for an alternative count calling for a rally past resistance at 147.42 calling for wave b higher towards 148.20 before wave b is over and wave c will be ready to take over […]

Editor’s note: You’ll find the text version of the story below the video. I came across this sentence in an article about gold: Nobody expects gold prices to turn up soon… Another observer put it this way: There doesn’t seem to be anything on the horizon that will make gold prices go up. It would […]

The foreign currency exchange market, known as forex, is the most liquid financial market on the planet — liquid to the tune of $5.3 trillion traded per day! That basically means every single day in forex is the day after Thanksgiving — a.k.a. “Black Friday” — with a stampede of traders pounding at the front […]

For the economies of Europe, the past few months have felt like one long ice-bucket challenge that never ends: A perpetual state of shock induced by the bone-chilling fact that deflation “…has become a reality in many European countries.” (Oct. 24, New York Times) At last count, eight European nations are now in outright deflation, […]

Today’s support and resistance levels: R3: 1.5899 R2: 1.5851 R1: 1.5826 Current spot: 1.5796 S1: 1.5788 S2: 1.5763 S3: 1.5737 Technical summary: We have seen the expected correction towards our target at 1.5805 (the low has been 1.5788) and we will now be looking for a break above minor resistance at 1.5826 as the first […]

Today’s support and resistance levels: R3: 147.41 R2: 147.19 R3: 146.99 Current spot: 146.77 S1: 146.50 S2: 146.29 S3: 146.03 Technical summary: Wave b extended slightly higher to 147.41, but it should just be a matter of time before support at 146.50 is broken and will indicate that wave c lower to 143.88 on the […]

US social mood as reflected by the inflation-adjusted Dow Jones Industrial Average versus annual per capita sugar consumption. The trends in the two data series are remarkably similar, and the timing of most of the important turns is stunningly close. Learn How the Wave Principle Can Improve Your Trading

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Today’s dollar-denominated debt stands at $59 trillion. This is more than a mere statistic. See a chart that shows what happened the last time a credit boom turned excessive. Learn How the Wave Principle Can Improve Your Trading Related Posts:November 7, 2023 : GBP/USD Intraday technical analysis and… November 7, 2023 The GBP/USD pair […]

Today’s support and resistance levels: R3: 1.6004 R2: 1.5993 R1: 1.5972 Current spot: 1.5944 S1: 1.5917 S2: 1.5878 S3: 1.5849 Technical summary: The correction we where looking for towards 1.5805 is currently unfolding. Short term, we expect minor resistance at 1.5972 will protect the upside for a break below minor support at 1.5917 and more […]

Today’s support and resistance levels: R3: 147.43 R2: 147.27 R1: 147.04 Current spot: 146.65 S1: 146.55 S2: 146.27 S3: 146.03 Technical summary: The correction towards 142.06 is still unfolding. We are currently looking for a break below minor support at 146.55 to confirm the strong decline towards 143.82 on the way lower towards 142.06 to […]

Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the share price closer to its… April 15, 2024 Netflix is set to announce strong EPS and revenue growth…Market Comment – Iranian attacks put markets on edge, but… April 15, 2024 Markets steady after Israel and allies intercept Iranian missiles and…Banks […]

Today’s support and resistance levels: R3: 1.6048 R2: 1.5990 R1: 1.5963 Current spot: 1.5920 S1: 1.5907 S2: 1.5878 S3: 1.5849 Technical summary: Quite unpredictable moves are still going on. The rally from the 1.5644 low has been very strong, but we think that a top is close at hand and a correction towards at least […]

Today’s support and resistance levels: R3: 147.39 R2: 147.05 R1: 146.88 Current spot: 146.73 S1: 146.52 S2: 146.29 S3: 146.02 Technical summary: The rally in wave (i) to 149.13 became a bit unusual as the rally ended at 149.13, where it was 423.6% the distance traveled in wave i added to the top of wave […]

http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/club/gold-Report-2015-Edition.aspx The Russian government has been stockpiling gold like there’s no tomorrow. Does the Kremlin know something that other precious metals observers do not? Find out how to get our perspective on gold for free in a special report that’s hot off the presses. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical […]

Today’s support and resistance levels: R3: 1.5862 R2: 1.5818 R1: 1.5785 Current spot: 1.5751 S1: 1.5738 S2: 1.5683 S3: 1.5643 Technical summary: The decline to a new low at 1.5643, does not really fit the picture, but we still think that wave iv of the expanded diagonal either has ended or will end with a […]