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Elliott Wave Financial Price Forecasting

Elliott Wave Pattern Precedes ECB Announcement

Perfect Reaction Following ECB Yesterday’s market reaction following the European Central Bank announcement was entirely predictable – no guessing required. Wednesday night’s update from the mid-week EW-Navigator supplement ahead of Thursday’s ECB meeting concluded… ‘…we expect the Eurostoxx 50 benchmark to decline by -5.4% per cent before resuming higher later. This probably suggests the ECB […]Continue reading «Elliott Wave Pattern Precedes ECB Announcement»

Lonmin – Is there a Future?

IN THE NEWS! The shareholder approval of Lonmin’s rights issue on the 19th November resulted in a sharp mark-down in the share price when trading opened in London the next day. From the previous evening’s level of 9.85, it plunged to 1.50 on the opening, later edging down to 1.12 on the 25th November. The […]Continue reading «Lonmin – Is there a Future?»

Argentina Merval Index – Buy the Rumour, Sell the Fact! (Elliott Wave analysis)

Yesterday’s news that confirmed Argentina’s centre-right wing party had won a slender majority in its latest elections might be the beginning of a long-term positive development for the country having been isolated from international funding since the left-wing party came to power in 2003. The incumbent President Mauricio Macri had earmarked various changes to the […]Continue reading «Argentina Merval Index – Buy the Rumour, Sell the Fact! (Elliott Wave analysis)»

US Dollar in Peril? – FXStreet Interview

In this exciting interview with Dale Pinkert – a Former Member of the Chicago Mercantile Exchange whose market forecasts have been aired on Financial Television and Radio station including CNBC Peter Goodburn elaborates his views on Elliott Wave, muses with Dale on the cyclicity behind historical market events and the US Dollar. Listen to this […]Continue reading «US Dollar in Peril? – FXStreet Interview»

How Fibonacci Price Ratios (FPR’s) Evolved

Trader’s World magazine has just published another of Peter Goodburn’s Elliott Wave articles in its latest #61st edition and you can see it absolutely FREE in cooperation between WaveTrack International and Trader’s World editor Larry Jacobs. We’ve interacted with many of you, our members and subscribers over the last few months on the subject of […]Continue reading «How Fibonacci Price Ratios (FPR’s) Evolved »

EURO vs. USD – Success Pattern of the Month

A very impressive pattern sequence that we identified this month is shown for the Euro/US$ (published in WaveTrack’s Elliott Wave Compass report). By mid-October, the Euro had already advanced more than three cents from its late-September low and was threatening the mid-September high of 1.1461. Conventional technical analysis at this point might have implied the […]Continue reading «EURO vs. USD – Success Pattern of the Month»

Final decline for the CRB-Cash Index (Fibonacci-Price-Ratio [FPR] Tutorial)

Despite some great percentage gains in commodities since prices formed lows last August, the subsequent advances have mostly traded higher into Elliott Wave counter-trend patterns. This is especially evident in the CRB-Cash index. This is a proxy for many of its components including base metals and energy contracts like crude oil, and whilst we expect […]Continue reading «Final decline for the CRB-Cash Index (Fibonacci-Price-Ratio [FPR] Tutorial)»

More expensive sugar in the months ahead?

Sugar is getting more and more expensive! The decline that began from the Feb.’11 high of 36.08 has unfolded in to a five wave expanding-impulse pattern with completion into the recent low of 10.13, where the net decline of wave 1 to 3 and wave 5 contains a fib. 100%/61.8% correlation ratio. The following counter-trend […]Continue reading «More expensive sugar in the months ahead? »

Lonmin PLC confirms a reversal signature

Over a month ago, Lonmin PLC has started to surprise most of market participants with a sharp advance from the 14.50 low (see the previous forecast here). This upswing has extended up to 46.50 level, producing a stunning +220% price increase in a very short period of time. Moreover, this advance unfolded into a five […]Continue reading «Lonmin PLC confirms a reversal signature»

Peter Goodburn on Elliott Wave, Diagonal Patterns & a Killer Stock Pick (52Traders)

Peter Goodburn, the founding partner of WaveTrack International, and his trading experience spans back to the late 1970’s working then in the commodities business for exchange members and their clients. In those earlier years of his career, he created the first OTC (over-the-counter) copper option product based upon the comex (New York) contract around the […]Continue reading «Peter Goodburn on Elliott Wave, Diagonal Patterns & a Killer Stock Pick (52Traders)»

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About WTI

WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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