Latest Posts

Trader insights – Wednesday, Dec. 10

At present, we believe the top probably has been put in for the S&P 500 and related indices… In terms of a change in market direction, the picture looks similar in the FTSE 100 Index.

Trader insights – Friday, Dec. 5

The German DAX appears to have climbed out of a fourth wave from October. This is a candidate area to watch for a top, but the structure of the developing wave [v] could be seen as yet incomplete.

Trader insights – Wednesday, Dec. 3

…In the bigger picture, the S&P Midcap 400 appears to be forming a top, and it should be getting ready to correct the move up from 2011…

Trader insights – Monday, Dec. 1

We may have seen THE low in silver last night.

Australian Dollar still producing good trades

The next opportunity to watch for is a possible bounce from support. However, traders will have to watch price action closely to be sure of catching a good entry. Readers can also view a chart showing a similar development in the Euro.

Expect a bounce in crude oil

Even though the technical picture isn’t completely clear, all of our major scenarios suggest a rally for several months.

Evolution of an Elliott wave count for gold

This article shows how we were able to refine our forecast throughout the year while also identifying good trades, even at times when the Elliott wave count was less certain. It concludes by showing a newly refined projection for gold into the end of the year.

Trader Insights – Wednesday, Nov. 12

Currencies are near some possible inflection points. For example, see the weekly chart of the U.S. Dollar Index, where we believe price is near the end of upward wave iii of (i).

Timing your next Yen trade

As usual, it will be informed by moves in the Dollar.

Trader Insights – Wednesday, Oct. 29

We are still treating the rally from mid-october in the S&P 500 as a corrective “B” wave, with the expectation of a strong decline in “C” into mid-November.