FEZ – SPDR Eurostoxx 50 ETF stages a reversal signature to the upside!
Last week we have been experimenting with the FEZ ETF which represents Eurostoxx 50 index. We found a near-perfect Elliott Wave structure and geometric Fib-Price-Ratio dimensions for a practice. As promised, now we are updating this chart with all annotations and explanation how to use our Fib-Price-Ratio methodology. Enjoy!Continue reading «FEZ – SPDR Eurostoxx 50 ETF stages a reversal signature to the upside!»
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)»
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)»
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)»
Lonmin PLC like a phoenix arising from the ashes
The devastating decline that began from the July ’07 high of 4400 has reached as low as 14.50 in Sep.’15. In our latest update of this equity we were looking for a minimum downside target below the March ’15 low of 105.70 but it has extended much lower. Despite this however, the recent price development […]Continue reading «Lonmin PLC like a phoenix arising from the ashes»
Shemitah & the Federal Reserve
The 29th day of Elul that marks the conclusion of the Shemitah occurred last Sunday, on the 13th September – the first day of trading, Monday 14th got underway without incident – phew! Although our latest ‘The Week Ahead’ video expected it to be a non-event on the day, it may yet have repercussions as […]Continue reading «Shemitah & the Federal Reserve »
Critical moment for the S&P 500 index
Our long-term subscribers may recall our original S&P 500 forecast from 2010-2012. We plotted a developing cycle degree, three price-swing zig zag advance unfolding from the financial-crisis lows of 666.79. Ultimate upside targets were measuring two key levels – 2139.37 and 2144.79. THE MAY ’15 HIGH WAS 2134.72! This measurement is dependent on the advance […]Continue reading «Critical moment for the S&P 500 index»
Gold Stocks – Generational Opportunity!
GOLD STOCKS – Generational Opportunity! It’s not often that opportunities in financial markets come around that can be measured in ‘generational’ terms, occurring perhaps just a few times in one’s own lifetime. And especially because it’s generally very difficult to identify these opportunities early enough to capture meaningful returns. But such an opportunity is […]Continue reading «Gold Stocks – Generational Opportunity!»
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