Tag: elliott wave
S&P 500 Elliott Wave Analysis Warns Of Wave 5 Top
While adhering to our unique methodology, we remain cognizant of other types of technical analysis. One of these is Elliott Wave Analysis.
Today we'll update...
iShares Italy ETF (EWI) Closing In On Important High
Last June, we posted a chart with some upside price areas for equity bears to watch in the iShares MSCI Italy ETF (NYSEArca:EWI). Now...
British Pound Decline Set For Another Wave Lower
As the U.S. Dollar spent the past several years working upward in an impulsive wave, so too has the British Pound (CURRENCY:GBP) cross been...
S&P 500 Chart Spotlight: Higher Prices Into 2018
S&P 500 LONGER TERM
The S&P 500 (INDEXSP:.INX) may be vulnerable to a pullback over the coming days/weeks, but that should produce another buying opportunity...
USD/JPY Currency Chart: Is Elliott Wave 2 Over?
I've been watching the US Dollar Index (CURRENCY:USD) and Japanese Yen (CURRENCY:JPY) for many years. Â And I've had several trading run-ins with the USD/JPY.
Those...
Russell 2000 Index Should Correct Soon, Then Climb
A year ago we wrote that the Russell 2000 Index (INDEXRUSSELL:RUT) and its related iShares Russell 2000 ETF (NYSEARCA:IWM) appeared to be developing topping...
Consumer ETF (XLY) Still Has Upside Potential Into Year End
Although we may see some additional turbulence in U.S. equity markets during the first half of September, we caution traders not to fall prey...
The Grains Sector Is Carving Out A Durable Bottom
Exactly a year ago, we wrote that grains were approaching support that should turn into a durable low as grain prices bottom.
Since that time,...
Is Apple’s Stock Chart (AAPL) Nearing A Major Top?
The last time I wrote about Apple, Inc. (NASDAQ:AAPL), I correctly surmised that a 4th wave correction (Elliott wave) was occurring.  You can view that post...
S&P 500 Weekly Update: Some Short-Term Kinks
In the past week, there have been some warning signs for the stock market, but just in the short term.
Longer-term, other than reaching some...
