Announcement
It’s time to rest again 🙂 Today we are publishing the last update before the Christmas holiday festivities begin. We shall all take the opportunity to rest a little during the following week or so. The next blog post is scheduled early next year, 8th January 2014. Season’s greetings and wishing you success for 2014 […]Continue reading «Announcement»
Copper/EM to surge higher in 2014
The base metal Copper is commonly named ‘Doctor Copper’. The definition is a result of its ability to diagnose and predict turning points in the global economy. Copper is widely used in most sectors of the economy – from homes and factories, to electronics and power generation. The demand for copper is often viewed as […]Continue reading «Copper/EM to surge higher in 2014»
Hang Seng Index
The Hang Seng continued lower which is a positive sign that the current outlook is on track. As the downswing from 24111.55 is seen to be a counter-trend correction to the entire advance from the Oct.’11 low of 16170.35, ultimate targets are measured to 19745.69, the fib. 50% retracement. Cutting this by the ‘golden-section’ fib. […]Continue reading «Hang Seng Index»
Slanting Flat
Everybody familiar with the Elliott Wave Theory can recognize these flat patterns –expanding, running and horizontal, however, have you ever heard of ‘Slanting Flat’ pattern? It is extremely rare but was originally discovered by R.N. Elliott. We think we found one just recently unfolding in 10 year Bunds contract: Flats are subdividing into a 3-3-5 […]Continue reading «Slanting Flat»