COMMODITIES VIDEO OUTLOOK 2018
COMMODITIES VIDEO OUTLOOK 2018 – Part II Correction for Base Metals – Platinum to Outperform Gold – Energy Bullish into Mid-Year! This time last year, in January 2017, Base Metals led by Copper were trading into a sideways pause within uptrends that began from the Jan/Feb.’16 lows. Whilst, Precious Metals were just ending corrective declines […]Continue reading «COMMODITIES VIDEO OUTLOOK 2018»
BITCOIN – CORRECTION ONLY! UPTREND INTACT!
Back in September of last year, the Bitcoin frenzy was beginning to pick up. For the first time, going mainstream with pundits forecasting a bubble. That was when the price had just hit 4920.00. It subsequently declined to 2991.00 then traded to almost 20000.00 last December, a gain from that low of +560% per cent. […]Continue reading «BITCOIN – CORRECTION ONLY! UPTREND INTACT!»
Celebrating 40-Years of Trading!
Celebrating 40-Years of Trading! This day, December 19th 1977 was my first day of trading in the markets. I joined Billiton-Enthoven Metals as a junior trader/analyst at their City of London operations, Colonial House, Mincing Lane, EC3. The company was a ‘floor’ member of the London Metals Exchange. It was a time when the commodity […]Continue reading «Celebrating 40-Years of Trading!»
Two Reasons why the USD Dollar is in Decline
Euro/USD – AUD/USD – Zig Zags Confirm US Dollar Decline Conventional technical analysis is highlighting a ‘head-and-shoulders’ top formation in the Euro/USD beginning. The left shoulder at last August’s high of 1.1911. Its head at 1.2092 and the right shoulder into November’s high at 1.1961. This would allow a break below the neckline which is […]Continue reading «Two Reasons why the USD Dollar is in Decline»
How to use the RUSSELL 2000 as a lead indicator?
Russell 2000 – NOVEMBER’S IMPULSE PATTERN COMPLETED AT 1560.00! – WATCH FOR BEARISH DIVERGENCE DJIA Many investors believe the Russell 2000 small-cap index leads the price movements of the large-cap indices like the S&P and Dow Jones (DJIA). However, the reality is that its relationship is often inconsistent. Yes, sometimes it does ‘lead’ but on […]Continue reading «How to use the RUSSELL 2000 as a lead indicator?»
EuroStoxx50 – Uptrend Intact!
EuroStoxx50 – For the Record! WaveTrack forecasted the EuroStoxx50 Index back in December 2015. Compare the result as per today (23rd November 2017) for yourself. Just one chart for the record. Yet, this EuroStoxx50 result speaks a 1000 words. Elliott Wave @ its best! Are you trading the EuroStoxx50? Don’t miss WaveTrack regular updates in […]Continue reading «EuroStoxx50 – Uptrend Intact!»
How to determine the next move for the SP500?
SP500 and Elliott Wave! The SP500 has been making hard work of maintaining its uptrend since the last significant correction occurred into last August’s low of 2415.75 (futures). Since then, a five wave impulse pattern has pushed markets up by +7.3% per cent, impressive, but the momentum is now waning. The impulse pattern began by […]Continue reading «How to determine the next move for the SP500?»
XETRA DAX STAGES 5 WAVE DECLINE
Xetra Dax – Sentiment Turns Bearish Xetra Dax‘s late-August five wave impulse advance from 11863.00 came to an end exactly this time last week at 13533.00. Concluding the larger 1st wave within minor wave v. five. A 2nd wave correction has since begun, confirmed by an initial five wave impulse decline unfolding from last week’s […]Continue reading «XETRA DAX STAGES 5 WAVE DECLINE»
Mifid II – About WaveTrack International – DID YOU KNOW?
Mifid II – About WaveTrack International Did you know that WAVETRACK INTERNATIONAL is the only independent ELLIOTT WAVE research company in the world that holds an advisory license and is a regulated financial company? This is all-so-important as new European Mifid II regulations kick-in from January 2018. Research and Analyst Access Our advisory license allows […]Continue reading «Mifid II – About WaveTrack International – DID YOU KNOW?»
DOW THEORY & ELLIOTT WAVE
Dow Jones Industrials vs DJ Transportation Average In recent media commentaries, analysts have been warning of an Armageddon collapse in stock markets because CAPE and P/E ratios are so historically high. What they seem to forget is that highs can go even higher! There doesn’t seem to be the same public euphoria that accompanied primary […]Continue reading «DOW THEORY & ELLIOTT WAVE»
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