Technical summary: Did wave (iv) end at 134.36 or was it was just wave a of (iv) and wave b of (iv) which ended at 132.04? As long as support at 132.04 protects the downside, we will let the benefit of the doubt go to bulls, but a break below 132.04 will shift the focus […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own. 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 Despite 6 years of record-low interest rates; three rounds and five years of the Fed’s QE; $4 trillion of “new money injected into the economy” — despite all that, inflation in the U.S. remains well below the Fed’s target. Why? Learn How the Wave Principle Can Improve Your Trading Related Posts:The US dollar is […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Stock market volatility during much of 2014 was as tame as a sleepy kitchen cat. But after a rally that’s lasted nearly six years, volatilty has seen a marked increase in 2015. This may only be the beginning. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx The stock market’s price pattern is independent of all outside events, including oil shocks, earthquakes, blizzards and even war. Learn how the stock market behaved after a natural disaster cost a nation 15 percent of its gross domestic product. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Learn How the Wave Principle Can Improve Your Trading
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/wave/sotus15/default.aspx Learn How the Wave Principle Can Improve Your Trading
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/wave/sotus15/default.aspx Learn How the Wave Principle Can Improve Your Trading
Technical summary: We are back at the “Make it or break it” point at 134.13 (the low till now has been 134.21). As long as we stay above support at 134.13, the bullish scenario is still the preferred count, but a break above minor resistance at 135.22 is needed to signal a bottom could be […]
Technical summary: A high was found at 1.5437 just below the 50% corrective target at 1.5475. Now, we are ready for a test of important short-term support at 1.5064. A break below this support will confirm more downside towards 1.4881 and ideally lower to 1.4730 to end the decline from 1.6207. After a minor correction […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/wave/sotus15/default.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:Can Q1 earnings season refuel the equity market rally? –… April 7, 2024 Earnings parade unofficially starts on April 12 with major US banks…Market Comment – Fed hawks spook markets ahead of NFP April 7, 2024 Hawks dominate latest round of Fed speak; stocks slip, […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Financial markets can be tricky. Prices have a way of turning down just when optimism reaches its zenith, and turning up at extremes of pessimism. Learn how this applies to gold. Learn How the Wave Principle Can Improve Your Trading Related Posts:Why is gold defying gravity? – Special Report April 7, 2024 Gold stays […]
Technical summary: The rally from the 1.4787 has extended more than expected. Now, the pair is heading for the 50% corrective target at 1.5475. We expect this resistance to protect the upside for a break below minor support at 1.5325 and more importantly below support at 1.5267 that would call for a decline to 1.5065 […]
Technical summary: The 61.8% corrective target at 135.83 protected the downside to perfection. Now, we should see minor support at 136.24 protect the downside for a break above the top of wave i at 137.64 confirming that wave iii higher to 140.54 is developing. A break below support at 136.24 would arouse concern and indicate […]
Technical summary: The rally of the 1.4788 low has been nice and strong, but we have to keep in mind, that this rally is only a part of the red wave iv correction and once this correction is over a new decline to new all time lows is expected. Looking at red wave ii, it […]
Technical summary: We can count five waves up from the 134.71 low. The following correction has stopped exactly at the 61.8% corrective target of the rally from 134.71 to 137.64. Ideally this support will continue to protect the downside for a break above minor resistance at 136.45 and more importantly a break above resistance at […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Falling prices are an effect of deflation. Learn what deflation really means and why you should prepare for it now. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… April 10, 2024 On Tuesday, ahead of the release of key inflation data,…U.S. Q3 […]
Technical summary: Blue wave v only made it to 147.89 before bottoming out and ending red wave iii and setting the stage for a correction towards at least 1.5122 and likely even higher to 1.5329 before turning lower in red wave v. In the short term, we expect support at 1.4885 will be able to […]
Technical summary: Important support at 134.13 was not even close to being tested as the low was hit at 134.71. The following break above minor resistance at 136.87 indicates that at least a temporary bottom is in place. To confirm that an important bottom is in place, a break above resistance at 138.79 is still […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx “Anyone who says they anticipated this 50% drop (in crude oil’s price) is not saying the truth.” “The plummeting price of oil was the most unexpected major development in the world economy last year.” These two remarks from the financial media are misinformed. Learn why. 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 Bryan, the news that shocked the markets today came from Switzerland, where the Swiss National Bank abandoned its peg to the euro. In your December issue, you said: “The Swiss National Bank will abandon its peg…” Could you explain? Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly Forex Outlook: 22/03/2024 – […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Elliott Wave International discussed Bitcoin when the digital currency traded for six cents. Since then, Bitcoin has seen dramatic price fluctuations. Learn how we kept subscribers ahead of Bitcoin’s price trend. Learn How the Wave Principle Can Improve Your Trading Related Posts:Forex forecast 04/15/2024: EUR/USD, GBP/USD,USD/CAD, USDX… April 15, 2024 We introduce you to […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx The Elliott Wave Financial Forecast recently discussed an indicator that appeared to be “especially ominous.” Since that commentary, the stock market has turned increasingly volatile. See how this same indicator foretold of a reversal in stocks in 2007. Learn How the Wave Principle Can Improve Your Trading Related Posts:EUR/USD. April 15th. Bulls panic and […]
Technical summary: The correction in blue wave iv entered the resistance area between 1.5330 – 1.5350 before turning lower again. We will now be looking for a break below support at 1.5175 to confirm that blue wave iv ended at 1.5331 and blue wave v lower to 1.4970 is developing. In the short term, we […]
Technical summary: The correction in wave (ii) has been much deeper than first expected, but even though the pitchfork support line was pierced shortly, prices quickly went back into the pitchfork. It could be the first good indication, that wave (ii) is over at 137.00. We will be looking for a break above the resistance […]
Technical summary: The correction in blue wave iv continues to unfold as expected. We continue to look for a move closer to the 38.2% corrective target at 1.5351 before blue wave v lower towards 1.4912 is expected to take over. Short-term support is found at 1.5263, which ideally will protect the downside for the move […]
Technical summary: The decline has now extended beyond the 70.7% corrective target, which is a matter of concern. That said, if our count is correct the decline from the 149.84 to is a wave two and second waves are allowed to correct 100% of the first wave, so we have to be patient and look […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Today, we’re speaking with Tom Denham, the editor of our Metals Pro Service. — Tom, over the past few weeks, everyone’s attention has been focused on crude oil and the strengthening U.S. dollar. Meanwhile, gold has been quietly climbing and today it’s trading near a 3-month high. — Watch Tom’s answer Learn How the […]
Technical summary: The correction in blue wave iv we where looking for, is unfolding nicely. We expect support at 1.5195 to be able to protect the downside for a continuation higher to 1.5297 and possibly even slightly higher to the 1.5330 – 1.5351 area before blue wave iv is over and a new decline to […]
Technical summary: With the break below support at 140.12, wave c of y has extended beyond what we initially expected and could decline lower towards 139.22 and maybe even lower to the 70.7% corrective target at 138.72 before the correction from 149.84 finally is over. That said a break above minor resistance at 140.88 will […]
