WaveTrack International

Elliott Wave Financial Price Forecasting

New IRP Journal – Independent Research at its best

by WaveTrack International| April 13, 2015 | No Comments

ANNOUNCEMENT | NEW IRP JOURNAL |

To all our Subscribers, Club/Registrant members and Twitter/Facebook followers, we are pleased to announce WaveTrack International’s latest article published in the inaugural edition of the Independent Research Provider’s magazine. Issue 1/Volume 1 for April 2015 is hot off the press and you can read our article and others right now with this FREE complimentary download – just click on the link below:

IRP JOURNAL Download

Inaugural Issue of the IRP Journal

IRP Journal – Independent Research for Investors

Furthermore, if you are interested in receiving the online-magazine each month, you can sign up for FREE, using this link:

IRP Journal Website

Ensure that you insert your contact details into the correct category – for ‘Buy-Side’ (institutional) companies, Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals, use the ‘registration’ to the left of the page.

Why is Independent Research important?
Only conflict-free research can be used as an viable tool in investment decision-making.

How can you insure unbiased research?
Member business models are based on revenues paid to them for providing quality research – not from investment banking, underwriting, proprietary trading or market making, advisory or consultancy services for clients other than investors, or from companies that are the subject of their research.

What does IRP stand for?
Independent Research stands for quality, impartial investment research.

Connect to the IRP Journal via Twitter: IRP Journal TWITTER

WaveTrack is memember of the EuroIRP Association and supports the development of Independent Research.

Category: Elliott Wave, Financial Forecasting, Gold, Independent Research, WaveTrack International

Alcoa equity Elliott Wave Update

by m.tamosauskas| April 4, 2015 | 2 Comments

Back in 2013, Alcoa was recognised as completing its counter-trend decline from the Jan.’10 high of 17.60 into the July ’13 low of 7.63 whilst unfolding into an expanding flat pattern. This represents wave ‘X’ within a larger double zig zag advance that began from the March ’09 low of 4.97: http://goo.gl/gEgF15 .

A reversal signature to the upside confirmed this forecast and prices doubled in a little bit more than a year:

150404_Alcoa

It has slightly exceeded our ideal interim upside targets with a recorded high at 17.75 in Nov.’14 but since then has gradually underperformed its benchmark S&P 500 index and currently trades -25% down from the 17.75 high – a fib. 38.2% retracement level of the preceding advance. A closer look reveals a three wave sequence has unfolded with 61.8%/38.2% correlation ratio within this decline:

150404a_Alcoa

The minimum requirement has been achieved and we do believe Alcoa might be in its early stages of final advance towards new recovery highs. Ultimate upside targets are updated to 27.02-28.53-29.43 basis various fib-price-ratio measurements (see fig #1). Another price doubling during the next few years? Our Elliott Wave analysis suggests it’s the most probable outcome!

Category: Alcoa, Commodities, economy, Elliott Wave, Elliott Wave Patterns, Elliott Wave Principle, fib-price-ratio, S&P 500

Precious Metals fast approaching Final Lows

by m.tamosauskas| March 27, 2015 | No Comments

Dear Elliott Wave Enthusiast!

PLATINUM_WaveTrack_Twitter
 

It’s three months on from the last Special Update Alert! published in January when some of the mining stocks began to break key resistance levels that confirmed a major reversal-signature had taken place. Since that time, underlying precious metals, gold and silver stalled into late-January peaks, subsequently working lower again although it was noticeable that the mining stocks were outperforming during the same period. In the case of Newmont Mining, one of our archetype stocks that is being tracked in this current phase, continued higher for several weeks even when gold and silver were already staging another sequence of declines. This type of bullish divergence is commonplace when a major low is being approached.

This creates a special trading opportunity in the precious metals sector and WaveTrack’s Precious Metals & Mining Stocks report will prepare you for some big price moves!

Find out WHY:

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  • Platinum’s  perfect fib-price-ratios will have huge implications in the next bull market for precious metals.
  • Gold is still heading down to lower lows but is soon approaching final downside target levels.
  • GDX and XAU are developing identical expanding flat patterns that began in 2007/08 are also hitting major lows.

This Special Report on Precious Metals & Mining Stocks is a part of our Institutional client service with a value of USD 240.00 but we’d like to share this information with you as it is a unique and important trading/investment opportunity.

Simply subscribe to the EW-Compass report and download the report under the ‘SPECIALS TAB’ within the online version of the EW-Compass ‘main-view’ area.

Category: Agnico Eagle Mines, AngloGold Ashanti, Commodities, Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Elliott Wave Principle, fib-price-ratio, Financial Forecasting, Gold, Gold Mining, Platinum, Precious Metals, Silver, WaveTrack International

AngloGold Ashanti Elliott Wave Update

by m.tamosauskas| February 14, 2015 | No Comments

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AngloGold Ashanti is already up +65% from its December ’15 low of 7.45 – one of the best performing gold mining stocks we are monitoring. The advance from this low has clearly unfolded into a five wave expanding-impulse pattern, labelled i.-ii.-iii.-iv.-v. in minor degree. Moreover, our fib-price-ratio analysis confirms this view: extending the net advance of waves i. to iii. (7.45-10.61) by a fib. 61.8% ratio, the ideal measured high for minor wave v. was at 13.08 whilst the actual high was recorded at 13.12. All of this is suggesting the directional change to the upside. Shorter-term, the counter-trend decline from the 13.12 high is currently in progress with minimum downside objectives measured towards 10.57+/- – a fib. 38.2% retracement level of the preceding advance. Once tested, a reversal signature to the upside would confirm the resumption of the larger advance.  The next surge higher is expected to be larger than the initial advance (7.45-13.12), so stay tuned, the ‘inflation-pop’ scenario is on the corner!

Category: AngloGold Ashanti, Commodities, Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Gold, Gold Mining, Precious Metals, WaveTrack International
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Precious Metals: Gold/Silver Analysts Way Too Bearish!

by WaveTrack International| February 3, 2015 | No Comments

Precious Metals | HOT TOPIC: Contrarian Bullish Signal for Precious Metals!

Precious Metals | HOT TOPIC:

Ahead of the LBMA (London Bullion Markets Association) Assaying & Refining conference to be held in London on the 8th-10th March, the LBMA announced the submissions from 35 global analysts for their average price forecasts for gold and silver for the year 2015.

Precious Metals: Gold/Silver Analysts Way Too Bearish!

Precious Metals Comparison

As can be seen from the above averages taken from all 35 submissions, there is a ‘herding’ mentality to predict average prices not too far from current levels. For example the average expected price for gold is $1211.00 whereas the current price is trading at $1275.00 – not too far away given prices have swung much farther already during the last month alone. Silver averages at $16.76, a price level that even traded last Friday. This is not much of a forecast – we might as well pack up and go home!

That said, the high/low average that some predicted for gold fluctuates from the most bullish at $1321.00 to the most bearish at $950.00. For silver, the high/low average of forecasts range between $18.56 as the highest and $13.00 as the lowest. These huge differences of opinion is something that you would not expect to see given that fundamental drivers must surely be the same for everyone!

Elliott Wave: from our own perspective, looking ahead for this year, 2015, we expect much higher price levels than all of these analysts. This is because Elliott Wave patterns that have taken several years to develop have reached terminal downside levels last November/December. This is particularly true for most of the gold/silver mining stocks.

We have issued various updates that confirm new medium-term uptrends have begun for the major mining companies in recent monthly reports. For example, the XME GOLD/Silver index hit into our downside targets last November ’14 with the following advance already up +30.90% per cent!

Special reports can also be downloaded FREE and are located in the ‘SPECIALS’ tab of the Elliott Wave Compass report.

You can subscribe using the link below and GET IMMEDIATE ACCESS!

Subscribe now to the EW-Compass report.

Category: Commodities, economy, Elliott Wave, Elliott Wave Principle, Gold, Palladium, Platinum, Precious Metals, Silver, trading, WaveTrack International

Commodity Price Turn Ahead? Interview by Gail Fosler

by WaveTrack International| January 27, 2015 | No Comments

NEWS ALERT | INTERVIEW by the Gail Fosler Group

In a recent interview with Peter Goodburn by Gail Fosler important questions were raised
Why could there be a major turn in Commodity markets?
What impact this has for the global economy?
Have central banks adopted policies of fostering inflation?

Read more here http://goo.gl/BqpYbk

Commodities Price Turn Ahead? Interview by Gail Fosler

Commodities Price Turn ahead?

About the Gail Fosler Group:
Gail D. Fosler is president and economic visionary, The GailFosler Group LLC, a strategic advisory service for global business leaders and public policymakers. The GailFosler Group provides in-depth analysis of economic, financial and public policy issues and creates new concepts and frameworks for business and government leaders to support successful decision making.

Fosler is former president and trustee of The Conference Board, and is a member of The Conference Board’s Global Advisory Council. Fosler served as president of The Conference Board from October 2007 to December 2009. From 1989-2008, she served as chief economist. In 2004, she assumed responsibility as executive vice president for expanding the international presence and operations of The Conference Board. Read more here http://goo.gl/ruXQUD

Category: central banks, Commodities, Copper, Crude oil, economy, Elliott Wave, Elliott Wave Principle, Financial Forecasting, Gold, trading, WaveTrack International
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A huge test for EUR/USD is coming fast!

by m.tamosauskas| January 25, 2015 | No Comments

150125_EURUSD150125_EURUSD

Syriza wins Greek election and EUR/USD tumbles down in the fastest pace since the July ’08 high of 1.6040. However, a seven-year decline is clearly overlapping and every Elliott Wave enthusiast should notice that it is composed of seven price-swings – a common characteristic of a counter-trend sequence. A fib-price-ratio analysis suggests a real test of this decline will come very soon at 1.1065 price level. This is derived by using a fib. 100% equality ratio between the initial three wave decline (1.6040-1.1876) and the secondary three wave decline that began from the May ’11 high of 1.4944. A reversal signature to the upside from this support level would confirm the completion of a double zig zag pattern, labelled A-B-C-X-A-B-C in primary degree. Stay tuned!

Category: Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Elliott Wave Principle, Euro / US$, Fibonacci Trading, FX, WaveTrack International
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ANNOUNCEMENT – PART II – VIDEO LAUNCH for Commodities & Currencies!

by m.tamosauskas| January 22, 2015 | No Comments

Commodities

The latest edition of the Elliott Wave Compass report has just been released and WaveTrack’s long awaited Commodity and Currency video!
Learn why Commodities & Currencies (PART II) – Commodity declines of the last few years are now approaching important downside targets that complete 3½+/- year corrective patterns that began in early 2011. Copper, Crude Oil and particularly Precious Metals are signalling directional changes that begins the 2nd upswing phase of the ‘Inflation-Pop’ that originally began from the late 2008, early 2009 lows. The US$ dollar has also reached an important upside target that justifies its completion of the entire counter-trend upswing that began from the March ’08 lows. In this latest video, we discuss these current set-ups and how they continue during the next few years:
·         Industrial metals are unfolding into archetypal multi-year zig zag patterns from the 2008/09 lows with the next stage set to begin huge price advances for Copper and Platinum
·         Precious metals have turned the corner last November/December ’14, ending counter-trend declines from the year-2011 highs. Gold and Silver mining stocks have ended expanding flat patterns from the year 2007/08 highs and are set to explode higher during the next few years
·         The US$ dollar enters a period of significant declines – this corroborates the dollar-denominated commodity upsurge that enters the next stage of the ‘Inflation-Pop’.
How do you access this video? Please become an EW-Compass subscriber and log-in to your account at www.wavetrack.com. Open the EW-Compass application and view all the latest price-forecasts online in our purpose-built Elliott Wave software.
Category: Commodities, Copper, Crude oil, crude oil price chart, Currencies, Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Elliott Wave Principle, Emerging Markets, fib-price-ratio, Financial Forecasting, FX, Gold, Silver, WaveTrack International
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Reliance Communications (India)

by m.tamosauskas| January 19, 2015 | No Comments

150119_Reliance_Communications

Basis fib-price-ratio analysis, the decline from the Jan.’08 high of 845 to the Aug.’12 low of 47 has unfolded into a single zig zag pattern, labelled (A)-(B)-(C) in intermediate degree. Since the price history for this equity is limited, the following advance may have begun a new bull market with upside targets to record highs or the balancing phase of the preceding decline as wave ‘X’. In both scenarios the mid-term outlook for this equity looks bullish with a high probability of trading above 165 in the months ahead.

Category: Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Elliott Wave Principle, fib-price-ratio, Financial Forecasting, India-CNX Nifty 50, WaveTrack International
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Crude Oil | 5 Waves Up! – Confirms Upside Momentum

by WaveTrack International| January 16, 2015 | No Comments

For the first time in several months, Crude Oil has staged a five wave impulse upswing from a residual low, in this case, from the 44.20 level traded last Tuesday. This confirms a meaningful reversal-signature has occurred with upside continuity assured during the next several trading days to next levels at minimum 56.19+/- or max. 65.18+/-.

Crude Oil | 5 Waves Up! – Confirms Upside Momentum

Crude Oil – 10 mins Chart

This five wave pattern has perfect Elliott Wave pattern integrity complying with archetypal guidelines – it subdivides into a 5-3-5-3-5 sequence, wave [ii] two does not break below the origin of wave [i] one, wave [iii] three is the longest of the impulse waves, and wave [v] concludes above the price-extremity of wave [iii] three. Furthermore, geometric fib-price-ratios corroborate the identification of the five wave pattern where minuette wave [i] one is extended by a fib. 161.8% ratio to project the terminal high for wave [v] to 51.27 – this was an exact attempt that stopped any further upside progress, inducing a corrective sell-off to follow.

The Elliott Wave Principle states that the corrective decline cannot break below the origin of the preceding impulse that began from 44.20 and so there is now an excellent risk-reward set-up given prices have already retraced down to 46.07.

Category: Commodities, Crude oil, crude oil price chart, Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Elliott Wave Principle, WaveTrack International
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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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