ELLIOTT today

Daily Elliott:

SPX,10min - May 17,2012
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SPX,10min - May 16,2012
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SPX,10min - May 14,2012
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SPX,10min - May 11,2012
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SPX,10min - May 10,2012
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SPX,10min - May 03,2012
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Weekly Update:
SPX, May 12,2012 >>>
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Die Wissenschaft entdeckt das Elliott Wave Principle

Toward a New Understanding of Growth and Recession,
Boom and Depression
December 2001, by Herman Cortes Douglas >>>>

Applying Socionomics to Individual Experiences in Social Realm >>>>

Some Key Fundamentals of Socionomics -
Financial Man is Not the Same as Economic Man >>>>

(Video) Bob Prechter Explains 'Triple Top' Forming in U.S. Stock Market >>>

The Single Most Reliable Indicator
In this video excerpt, Elliott Wave Financial Forecast Editor Steve Hochberg explains one of the most important things to keep in mind when assessing a market, "Extreme opinions, shared widely, constitute the single most reliable indicator of an impending change of direction for a market." Enjoy your video excerpt. GOTO >>>

Socionomics >>>

Elliott Wave International:
Commentary Article(s) >>>

14 Elliott Wave Trading Insights You Can Use Now
Triangles offer an important piece of forecasting information
By Elliott Wave International
Elliott wave trader Jeffrey Kennedy had individuals like you in mind when he said "I began my career as a small trader, so I know firsthand how hard it can be to get simple explanations of methods that consistently work. In more than 15 years as an analyst since my early trading days, I've learned many lessons, and I don't think that they should have to be learned the hard way."
The Best of Trader's Classroom offers 14 trading insights that you can use now... Read More.

European Central Bank: "Great White Fear" Takes A Bite Out of Recovery
EWI's Global Market Perspective foresaw the shift in European banks from lenders to savers via one remarkable chart
By Elliott Wave International
It's been over two years since the European Central Bank began its open-heart surgery of the eurozone's anemic economy. So far, the procedure has included an unprecedented $3 trillion-plus in bailouts, monetary transfusions, AND toxic debt transplants. Yet, according to a recent slew of discomforting news reports, the economies across the pond would still flatline in seconds without constant life support. Read More

What All Major Depressions Have in Common
Signs of deflation are visible but the public will be fooled
By Elliott Wave International
Is there evidence now that a deflationary trend is underway? Dear reader, the evidence is abundant and growing by the day. To begin with... Read More. Article>>>

Testimonies

"I am very impressed with the S&P charts you posted on ELLIOTT today".
Wed, 26 Mar 2008, Sincerely Gecchi Sim

BTW, you guys are still da best wavy-gravy on da net - bar none! And you can quote me on that!! scamman, Jan 26, 2007, clearstation.etrade.com
I just recently discovered your website, I like your clearly labelled charts. I haven't been able to find any sites with Elliott wave charts that even come close to yours! Your SPX charts have been a great reference to me for clearing up the smaller details.Best Regards, Brad, Feb 5, 2007

I have never yet utilized an advisory service like yourself. To be very truthful can see the benefits of it. Alex, Feb 8,2007

EXCELLENT job on your new chart!! I'm glad to see that because I have thought for a while that the real bottom was in March .
I traded it and it felt like the real one instead of 2002, the transports bottomed there, and the rise from the 2002 is ugly.
Since the street was so convinced of it I didn't bother pushing it. Lots of great work on that chart. Since now I can go along with that since you gave me confidence, I wouldn't see it ending here, but I have some real good Fib work that has caught these turns very well from 2003 low and there is no doubt that this market is trying to finish up the last Fib at 1242!!. With that, it can end closer to your 1250 in a blowoff Diagonal or the rest of the worlds 1260 area where the .618 from ATH's are. I dont think the market gives them the .618. Dom, 03/10/2005

Hi, Just saw your Diagonal idea and love it! I always thought that it was an E at the same time the dow bottomed but didn't see a way to label it. Nice job! lets see what happens. Dom, 02/24/2005

Elliott-Today was the site I got the diagonal count from. Their main guy is a brilliant wave counter who has caught the majority of the swings this year on an intraday basis using Andrew's Pitchfork. They have a very interesting chart on that site that outlines the diagonal triangle. EN, Can

Great call this morning! I caught most of the move up. Do you think the current consolidation is a fourth wave? Thanks, Eric

The best wavy-gravy on the net, nonetheless. Enjoy! Clearstation,Aug.16,2004

Hey John - These guys cook up the best wavy gravy on the net - BAR NONE - so I'm salivating as I wait for dinner to be served! The appetizer last week was delicious. Enjoy! Clearstation,Aug.9,2004

"hi ernie - These guys make the best wavy-gravy calls, period." [clearstation.com]

"Hi John - The Elliott chart I cited yesterday12:43 PM turned out to be the most prescient one of all - projected 1128; SPX high of day was 1127.65. Not too shabby!

"....thank You, I am very greatful to read your site Elliott today. It is really one of the best Elliott sites i have ever seen..."

Hi Karl: I enjoyed your long-term analysis of gold as I have been trading it. (EN)