Elliott Wave Analysis of SP500 – October 2nd, 2023
The SP500 closed in negative territory for the fourth straight week, but it feels like both bulls and bears have something to cheer about. Who's going to prevail in October? We've already picked our favorite, based on Elliott Wave analysis.
All from Indices
ASX 200, prepare for the worst
Those of you, who have checked our Education section, have probably seen the article about ending diagonals. It says, that this is a reversal pattern,...
ASX 200, prepare for the worst
Those of you, who have checked our Education section, have probably seen the article about ending diagonals. It says, that...
CAC 40 could be in trouble
According to The Elliott Wave Principle, five-wave sequences show the direction of the trend. Those patterns are called impulses. After every impulse, a correction should...
CAC 40 could be in trouble
According to The Elliott Wave Principle, five-wave sequences show the direction of the trend. Those patterns are called impulses. After...
Brazil ETF just as planned
On June 27th we published a short article about the Brazil ETF index, stating that there is a perfect 5-3 Elliott Wave setup waiting to be...
Brazil ETF just as planned
On June 27th we published a short article about the Brazil ETF index, stating that there is a perfect 5-3...
Russia’s MICEX rising despite the conflict, why?
“We will now use the opportunity to warn you, that the fundamentals are likely to be suggesting an endless bear market and the conflict...
Russia’s MICEX rising despite the conflict, why?
“We will now use the opportunity to warn you, that the fundamentals are likely to be suggesting an endless...
Nikkei, do not believe the rally
Nikkei formed its last major bottom around 13820 in the middle of April 2014. Afterwards it began a rally, which managed to convince many, that...
Nikkei, do not believe the rally
Nikkei formed its last major bottom around 13820 in the middle of April 2014. Afterwards it began a rally, which...
Dow Jones not as healthy as it seems
The Dow Jones Industrial Average index, one of the best economy barometers, has been flirting with the $17 000 mark during the last two...
Dow Jones not as healthy as it seems
The Dow Jones Industrial Average index, one of the best economy barometers, has been flirting with the $17 000...
China ETF fulfilled the expectations
“Long positions pay-off well, if they are opened near the 61.8% Fibonacci level. The invalidation level is 87.80, while the minimum target should be above...
China ETF fulfilled the expectations
“Long positions pay-off well, if they are opened near the 61.8% Fibonacci level. The invalidation level is 87.80, while the...
Brazil ETF, a bull-trap right now
The Brazil ETF Index has been in a strong uptrend since the beginning of February 2014. Starting from 38.00, it rose to above 49.00,...
Brazil ETF, a bull-trap right now
The Brazil ETF Index has been in a strong uptrend since the beginning of February 2014. Starting from 38.00,...
Singapore. The end of the bear market
The Asian financial crisis started in 1997 and spread vastly over other sectors of the economy. The crisis started in Thailand with the collapse...
Singapore. The end of the bear market
The Asian financial crisis started in 1997 and spread vastly over other sectors of the economy. The crisis started...
China ETF. A bullish setup.
On the 1-hour chart of the China ETF we can see a very clear impulsive five to the upside with an ending diagonal in the fifth wave....
China ETF. A bullish setup.
On the 1-hour chart of the China ETF we can see a very clear impulsive five to the upside with an...
The Swiss Market Index. Do not buy it.
The Swiss Market Index was among the many, which took a hit during the 2007-2009 global stock market crash. On the 10th of June...
The Swiss Market Index. Do not buy it.
The Swiss Market Index was among the many, which took a hit during the 2007-2009 global stock market crash....
Dutch 25 selling opportunity
If you read our articles regularly you probably know what we are looking for – five waves in one direction, followed by three waves...
Dutch 25 selling opportunity
If you read our articles regularly you probably know what we are looking for – five waves in one...
ASX 200. Australia, it is time.
The Australian ASX 200 took a hard hit during the 2007-2009 crash falling from 6852 to 3122. Currently in the vicinity of 5450, you...
ASX 200. Australia, it is time.
The Australian ASX 200 took a hard hit during the 2007-2009 crash falling from 6852 to 3122. Currently in...
NASDAQ and S&P – a warning for investors
Since the beginning of 2009, when all major US indices bottomed, the S&P 500 and Dow Jones have been trending to new record highs....
NASDAQ and S&P – a warning for investors
Since the beginning of 2009, when all major US indices bottomed, the S&P 500 and Dow Jones have been...
USD index before ECB
ECB’s decision about interest rates can always bring some surprises into the markets, but it won’t hurt if we look at the USD index...
USD index before ECB
ECB’s decision about interest rates can always bring some surprises into the markets, but it won’t hurt if we...
India on the brink of a new era
In the end of 2008 India’s stock market hit bottom, finishing its correction of the rally form 2003. Since then there has been a...
India on the brink of a new era
In the end of 2008 India’s stock market hit bottom, finishing its correction of the rally form 2003. Since...
How is the banking system doing ( KBW index )?
KBW index is an economic index consisting of the stocks of 24 banking companies. This index serves as a benchmark of the banking sector....
How is the banking system doing ( KBW index )?
KBW index is an economic index consisting of the stocks of 24 banking companies. This index serves as a...
You do not have to wait for Crimea
In our previous analysis on the Russian MICEX index we stated that the drop-off in the Russian stock market would have happened with or without...
You do not have to wait for Crimea
In our previous analysis on the Russian MICEX index we stated that the drop-off in the Russian stock market would...
What is going on with China and the other emerging markets?
China’s economic health is represented by the Shanghai index. Since the 2007-2008 crash China has been having huge difficulties standing up. There has been...
What is going on with China and the other emerging markets?
China’s economic health is represented by the Shanghai index. Since the 2007-2008 crash China has been having huge difficulties...
Nikkei in bear’s paws
Nikkei is a stock market index on the Tokyo Stock Exchange. It is the most quoted index in Japan, similar to Dow Jones Industrial...
Nikkei in bear’s paws
Nikkei is a stock market index on the Tokyo Stock Exchange. It is the most quoted index in Japan,...
The rebirth of the US Dollar (update)
The US dollar has been behaving quite well despite of the bad fundamentals, because the market is driven by social mood, not economic news....
The rebirth of the US Dollar (update)
The US dollar has been behaving quite well despite of the bad fundamentals, because the market is driven by...
The rebirth of the US Dollar
The US dollar index has been rallying in an impulsive fashion since the end of October. The FEDs stimulus has been lowering the dollars...
The rebirth of the US Dollar
The US dollar index has been rallying in an impulsive fashion since the end of October. The FEDs stimulus...
Stocks are sky-high! Should I buy some?
Stocks are in the atmosphere! Dow Jones has made a historical high in terms of price. Should we buy stocks? We at Elliottwave markets...
Stocks are sky-high! Should I buy some?
Stocks are in the atmosphere! Dow Jones has made a historical high in terms of price. Should we buy...
What is going on with the Fear(VIX) index?
The CBOE Volatility Index is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Since its...
What is going on with the Fear(VIX) index?
The CBOE Volatility Index is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock...
DJIA big picture, crash ahead?
The chart below shows that the price movement of the DJIA since year 2000 has corrective characteristics. In our opinion, an expanding flat correction has...
DJIA big picture, crash ahead?
The chart below shows that the price movement of the DJIA since year 2000 has corrective characteristics. In our opinion,...
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