"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)


Wednesday, January 6, 2016

SPX - In trouble

After the sell-off on Monday, it increases the likelihood of a bearish breakdown of flat pattern;  
in such case, the alternative scenario (red dotted line) would prevail.


ElwaveSurfer

Sunday, January 3, 2016

Elliott Wave Analysis of financial markets

STOCK MARKET INDEXES

DJIA
Preferred Scenario:

SHORT TERM Trend : Bullish (DJIA 18.400) 
INTERMEDIATE Trend : Bearish (DJIA 15.300)
LONG TERM Trend : Bullish




SPX
Preferred scenario

SHORT TERM Trend : Bullish (2.150 - 2.200) 
INTERMEDIATE Trend : Bearish (1.800)
LONG TERM Trend : Bullish



NDX

 Preferred scenario

SHORT TERM Trend : Bullish (4.900 - 5.000) 
INTERMEDIATE Trend : Bearish (3.700- 3.800)
LONG TERM Trend : Bullish



DAX

Preferred Scenario:

SHORT TERM Trend : Bullish (12.400) 
INTERMEDIATE Trend : Bearish (8.500 - 8.000)
LONG TERM Trend : Bullish



TOKYO NIKKEY

Preferred Scenario:

SHORT TERM Trend : Topping 
INTERMEDIATE Trend : Bearish (14.000)
LONG TERM Trend : Bearish



Interesting US stock 
with good CANSLIM rating and technical pattern
(long trade setup)

 AVGO

 BABA


 FB


 OLED


 REGN



CURRENCIES

EUR/USD



USD / JPY




AUD / USD



 GBP / USD


 EUR / GBP



COMMODITIES

GOLD

Preferred Scenario:

SHOR TERM Trend : Sideways 
INTERMEDIATE Trend : Bearish / Bottoming (980 - 1000)
LONG TERM Trend : Bullish






CRUDE OIL

Preferred Scenario:

SHOR TERM Trend : Sideways 
INTERMEDIATE Trend : Bearish / Bottoming (29-30)
 LONG TERM Trend : Bullish



Happy new Year and best wishes for your trading ;-))


ElwaveSurfer

Monday, July 20, 2015

Elliott Wave analysis of stock market indexes , GOLD and OIL

After several months in which I have been very busy  
(I changed jobs as CFO in a capital City and I cared serious health problems)  
I return to post on this blog 
(in the Italian one, http://chartpatternstrader.blogspot.it/  
I started three months ago).

 --------

For the comparison, look at the previous post 

NDX



SPX



 DJIA



 GERMAN DAX



 TOKYO NIKKEI


 GOLD




CRUDE OIL



ElwaveSurfer


Monday, November 17, 2014

Elliott Wave analysis of stock market indexes and GOLD

SPX
Close to a correction in b minute of z minor;
the great upward correction has not yet ended. 



 NDX
In the top of wave 1 of 5 minor;
it will be a parabolic pattern or an ending diagonal?



 DJIA
 My optimal target has already been exceeded.
I am stunned...




 Some European stock indexes, no one really interesting;
even if they appear close to a Top, open short is still too dangerous...






 GOLD
With Silver is one of  the most interesting markets of the future;
after a completion of an downward five wave pattern, wave (a)
it is possible an upward correction like zig-zag (b)
then last drop in (c) wave that completes wave [Z] of II Cycle.
A great bull market is coming soon!




Best wishes for your trading!

ElwaveSurfer