WaveTrack International

Elliott Wave Financial Price Forecasting

The Big Secret in Financial Markets

Dear Elliott Wave enthusiasts! The northern hemisphere’s Summer Solstice is the opposite of the southern hemisphere’s Winter Solstice, the period of longest daylight/nightfall, scheduled for this coming Saturday, 21st June. The balancing of day/night is just one dualistic aspect of our universe and a reminder of the one which also epitomises the dualistic concept found […]Continue reading «The Big Secret in Financial Markets»

Can 3’s end a 5 wave pattern?

The S&P 500 has been approaching an important high during the last few weeks as its five wave impulse advance beginning from the June ’12 low of 1266.74 nears the completion for intermediate wave (3). This is affirmed where minor wave i. one of (3) is extended by a fib. 161.8% ratio to project minor […]Continue reading «Can 3’s end a 5 wave pattern?»

S&P 500 major resistance level

The advance that began from the early Feb.’14 low of 1737.92 unfolded into a five wave expanding-impulse pattern, labelled in minuette degree, with a completion into the recent high of 1883.57. Extending the next advance between waves [i] and [iii] by a fib. 61.8% ratio it depicts the exact high of wave [v] at 1883.57. […]Continue reading «S&P 500 major resistance level»

New record high – S&P 500 Update

Cycle wave C is in upside progress beginning from the Oct.’11 low of 1074.77. It is taking the form of a five wave expanding-impulse pattern with several degrees of subdivision in its expanding 3rd wave as primary wave 3 that began from the secondary low of 1158.67. Intermediate wave (3) is shown with immediate upside […]Continue reading «New record high – S&P 500 Update»

Interim update – S&P 500

The upside recovery from last Wednesday’s low of 1737.92 has been expected to act as a counter-trend sequence of the January sell-off with upside targets into the fib. 61.8% retracement level at 1806.86 or max. 76.4% at 1824.00+/-. Although this level is only now being tested, the problem is that the rally has had such […]Continue reading «Interim update – S&P 500»

S&P 500 + FREE WEEK

As expected, S&P 500 is rebounding from a very oversold conditions. Strong price rejection from 1737.92 has validated minor wave a.’s conclusion at 1737.92. This implies no immediate downside continuation to original targets at 1720.64 but instead an advance towards idealised upside at 1800.00+/-. In a way, this simplifies the entire downswing from the 1850.84 […]Continue reading «S&P 500 + FREE WEEK»

S&P 500 Daily reversal

A break below the mid-January low now looks inevitable for the S&P. This is an important support level that requires penetration to confirm a final high for intermediate wave (3) at the recent 1850.84 high. There is an increasing probability that the 1850.84 print has now completed the entirety of wave (3) that began from […]Continue reading «S&P 500 Daily reversal»

S&P 500 Weekly

S&P 500 is stretching to incredible overbought levels. Feels like this market is never going to decline more than a few per cents down. Traditional TA indicators are diverging for quite some time, volume declining all the way down from the early 2009. Talking about limits: Shortsideofthelong.com observes that the current bull market after a […]Continue reading «S&P 500 Weekly»

Cycles

This weekly chart that depicts the larger upswing from the March ’09 low of 666.79 has been incorporated because it emphasizes the cyclic structure of the S&P’s price action. Especially a 62- and a 65-week cycle have been of great value during the last four years as they coincided with important tops. The interesting observation […]Continue reading «Cycles»

S&P 500 weekly forecast

Back in the early 2011 we published this weekly S&P 500 forecast with ultimate upside target measured towards 1833.22. At that time it sounded a bit unrealistic taking into the account that S&P 500 had already made 600 points from the 2009 low. Well, now we are trading around 1790 and that translates into a […]Continue reading «S&P 500 weekly forecast»

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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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