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S&P 500
TradingDESK
2010
S&P 500, 10min.
© ELLIOTT today,
March 9,2010
Yesterday's analysis came to pass.
S&P 500, 10min.
© ELLIOTT today,
March 8,2010
The market act as forecasted, climbed a bit higher but it seems
it will also get a bit tired. The last upmove completed five waves
up ending the entire structure.
S&P 500, 10min.
© ELLIOTT today,
March 5,2010
The market had a strong rally yesterday and surged along in a clear
five-wave structure.
S&P 500, 10min.
© ELLIOTT today,
March 3,2010
The market edged higher and stopped exactly at the falling 2x1 Fibonacci fanline drawn
from the recent top.
S&P 500, 10min.
© ELLIOTT today,
Feb 27,,2010
For the seventh time, the market is hovering at the 62-64% retracement level unable to exceed
that mark which shows the importance of Fibonacci retracements,
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Links
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Yelnick
Commentary on politics, technology and stock markets guided by
Elliott Wave principles
http://yelnick.typepad.com/
yelnick
Robert Miner's
Dynamic Trader Software
and Trading Course
www.dynamictraders.com
Ludwig von Mises Institut
visit the Mises Blog, http://blog.mises.org/blog/
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Gold:
Best Supporting Role In Economic Downturns? Think Again
Gold's safe-haven status is based on hype, not history
By Nico IsaacEverywhere you look, from the
Red Carpet to Wall Street, gold is definitely in "fashion."
As for why, one word comes to mind: safe-haven. See,
according to the mainstream financial experts, the more
unstable the global economy, the greater the appeal for
the precious metal. These two charts from EWI President
Bob Prechter offer another perspective.
Read more.
Learn
Elliott Wave Analysis -- Free
Often, basics is all you need to know.
By Editorial Staff
Successful market timing depends upon
learning the patterns of crowd behavior. By anticipating the
crowd, you can avoid becoming a part of it. The Wave Principle is
not primarily a forecasting tool; it is a detailed description of
how markets behave. The progression of mass emotions from
pessimism to optimism and back again tends to follow a similar
path each time around. Read
more.
Wave
Principle Crash Course: There's No Going Back
Free video tutorial available to all Club EWI members
March 4, 2010
By Nico
Isaac
For over ten decades,
the mainstream financial world has embraced the view that external
news events drive trend changes in the markets. In less than ten minutes,
EWI's senior tutorial instructor Wayne Gorman shatters that very
idea into a fine dust, swept away into thin air.
In part one of his exclusive, three-part
Club EWI video series "Why
Use The Wave Principle," Wayne first assesses the
pitfalls of relying on macroeconomic models to forecast; namely: "An
investor is lured into the market at just the worst time, when
it's time to sell, and forced out just at the best time to buy."
As for real world examples of this
happening, Wayne spans three hundred years of financial history to
reveal how the most pivotal economic, political, and environmental
events failed to alter the course of their respective markets.
Here, the free video includes groundbreaking charts on these (and
more) well known episodes:
Article
>>>
What
Does NOT Move Markets? Examining 8 Claims of Market
Efficiency
March 2, 2010
By
Susan Walker
If everyone says that
shocks from outside the financial system -- so-called
exogenous shocks -- can affect it for better or worse,
they must be right.
It just sounds so darned
logical, right? Economists believe this trope to be true,
mainly because they believe that investors are rational
thinkers who re-evaluate their positions after every new
bit of relevant information turns up.
Beginning to sound slightly
impossible? Well, yes.
It turns out that logic is
exactly what's missing from this it-feels-so-right idea of
rational reaction to exogenous shocks. Read an excerpt
from Robert Prechter's February 2010 Elliott Wave
Theorist to see how Prechter deals with this widely
held belief.
Find
out what really moves markets -- download the free
118-page Independent Investor eBook. The Independent
Investor eBook shows you exactly what moves markets and
what doesn't. You might be surprised to discover it's not
the Fed or "surprise" news events.
Learn more, and download your free ebook here.
Article
>>>
Elliottwave
Articles >>>
Elliott
today Forecasts
Outlook for the year 2010
Change
- Echo Bubbel
"Von woher
soll denn eine Krise kommen?"
In seiner Rede vor
den Vereinten Nationen
im September 2009 hat Barack Obama eine
bemerkenswerte Kehrtwendung, eine kategorische
Distanzierung von den Hegemonialallüren seines
Vorgängers vollzogen, die in ihrer Bedeutung
noch
nicht erkannt wurde. Die "Obama-Mania",
die weltweite Begeisterung für den afro-
amerikanischen Kandidaten der Demokratischen Partei,
kannte schon im Sommer 2008 keine Grenzen mehr,
vor
allem die Begeisterung, die sich der Deutschen
bemächtigt hatte, zeigte
Anzeichen einer Heilserwartung, die extrem
hochgeschraubt waren. Sein weltbekanntes
"Change" mag vielen Leuten als grosse
Voraussicht gedeutet worden sein, doch ist kaum
anzunehmen, daß Barack Obama mit den
"Change" den amerikanischen Aktienmarkt
gemeint haben könnte. Tatsächlich vollzog sich der
Wechsel von
der Allgemeinheit kaum bemerkt, lange vorher,
genauer im Januar 2000 als der
Dow Jones Industrial Average (DJIA) am
14. des Monats sein Alltime-high erreichte.
Artikel &
Charts >>>
Mythen - Der Unsinn mit dem amerikanischen Handelsbilanzdefizit
"Jahr für Jahr produzieren die Wirtschafts- theoretiker lange
Listen von mathematischen Modellen und erklären bis ins kleinste
Detail ihre algebraischen Formeln und Funktionen in allen möglichen
Schattierungen anhand derselben Daten - sind aber nicht in Lage ein
halbwegs systematisches Verständnis von der Struktur und den
Operationen eines wirklichen ökonomischen Systems zu
erbringen."
Artikel>>>
the Charts
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)
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