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
Nifty 50’s Bubble Just Keeps Inflating
Our previous analysis of the Indian Nifty 50 stock market index was published over seven months ago. On October 7th, 2016, the index was...
Nifty 50’s Bubble Just Keeps Inflating
Our previous analysis of the Indian Nifty 50 stock market index was published over seven months ago. On October...
SPX Selloff and Trump’s Political Mess
Calling for Donald Trump’s impeachment intensified after the President fired FBI’s director James Comey on May 9th in a move resembling Richard Nixon’s firing...
SPX Selloff and Trump’s Political Mess
Calling for Donald Trump’s impeachment intensified after the President fired FBI’s director James Comey on May 9th in a...
Bovespa Investors in for a Rough 2017
Prepare for more weakness in the Brazilian stock market Brazil’s investors finally took a breath last year. After several years of slow, but steady...
Bovespa Investors in for a Rough 2017
Prepare for more weakness in the Brazilian stock market Brazil’s investors finally took a breath last year. After several...
Nasdaq 6500 Within Bulls’ Grasp
Nasdaq’s early short sellers might come up short. Last week, the Nasdaq Composite index climbed to 5912, so if you are getting ready for the...
Nasdaq 6500 Within Bulls’ Grasp
Nasdaq’s early short sellers might come up short. Last week, the Nasdaq Composite index climbed to 5912, so if you...
DAX Bulls Generously Rewarded for Their Patience
Buy-and-hold proved to be a profitable strategy in the German DAX Keeping up with its U.S. equivalent, the German DAX has been rising steadily...
DAX Bulls Generously Rewarded for Their Patience
Buy-and-hold proved to be a profitable strategy in the German DAX Keeping up with its U.S. equivalent, the German...
Mere Mortals Should Leave Airlines to Buffett
Do not get us wrong, this is not a critique of Warren Buffett’s judgement. Who are we to criticize him, after all. In November,...
Mere Mortals Should Leave Airlines to Buffett
Do not get us wrong, this is not a critique of Warren Buffett’s judgement. Who are we to criticize...
USD Index Will Not Rise Forever
It has been another strong year for the U.S. dollar. The greenback crushed most of its rival – the euro and especially the pound,...
USD Index Will Not Rise Forever
It has been another strong year for the U.S. dollar. The greenback crushed most of its rival – the...
DJIA Transforms Optimism Into Mania
The last time we wrote about DJIA, the index was just breached 18 700. In the article we published on November 10th, we examined...
DJIA Transforms Optimism Into Mania
The last time we wrote about DJIA, the index was just breached 18 700. In the article we published...
DAX Flying Towards the Stratosphere
Soon after the markets opened on Monday, the German DAX decline to 10 424 in response to Italy’s “No” vote in the referendum. But...
DAX Flying Towards the Stratosphere
Soon after the markets opened on Monday, the German DAX decline to 10 424 in response to Italy’s “No”...
Russell 2000’s Uptrend Will Not Last Forever
Yesterday, the small-cap stock market index Russell 2000 climbed above the 1300 mark for the first time in its history. A comparison between its current...
Russell 2000’s Uptrend Will Not Last Forever
Yesterday, the small-cap stock market index Russell 2000 climbed above the 1300 mark for the first time in its history....
This DJIA Pattern Screams “Abandon Ship”
If you have read our article about DJIA’s long-term prospects, you know that the bulls have been swimming in very deep and dangerous waters...
This DJIA Pattern Screams “Abandon Ship”
If you have read our article about DJIA’s long-term prospects, you know that the bulls have been swimming in...
A Comprehensive Nifty 50 Analysis
The last time we wrote about the Nifty 50 was June 13th, when the index was trading at 8110. In “Nifty 50 Aiming For...
A Comprehensive Nifty 50 Analysis
The last time we wrote about the Nifty 50 was June 13th, when the index was trading at 8110....
DAX 30: Stage is Set for a New All-Time High
The German DAX 30 index climbed to 10 802 in the middle of August, but has not been able to reach those highs ever...
DAX 30: Stage is Set for a New All-Time High
The German DAX 30 index climbed to 10 802 in the middle of August, but has not been able...
S&P 500 Three Days Ahead of the Fed
The S&P 500 was very indecisive at the start of the week. The index has been moving sideways between 2130 and 2154 until Wednesday,...
S&P 500 Three Days Ahead of the Fed
The S&P 500 was very indecisive at the start of the week. The index has been moving sideways between...
Catching the Phenomenal Reversal in S&P 500
It is only Tuesday and the S&P 500 is already stealing the show. After the sharp sell-off on Friday, the index made a sharp...
Catching the Phenomenal Reversal in S&P 500
It is only Tuesday and the S&P 500 is already stealing the show. After the sharp sell-off on Friday,...
DJIA Since The Great Depression, Our View
The financial world remembers the Great Depression of 1929-1932 as the most devastating period of the 20th century. Between September 1929 and July 1932, the...
DJIA Since The Great Depression, Our View
The financial world remembers the Great Depression of 1929-1932 as the most devastating period of the 20th century. Between September...
Not the Time to Buy FTSE 100 Either
On June 24th, when it became clear that the majority of UK citizens wants the country to leave the European Union, the FTSE 100 fell...
Not the Time to Buy FTSE 100 Either
On June 24th, when it became clear that the majority of UK citizens wants the country to leave the European...
Buying S&P 500’s Breakout? Too Late.
The S&P 500 just climbed to a new all-time high above 2138. Obviously the bulls are back, but you may have heard that joining...
Buying S&P 500’s Breakout? Too Late.
The S&P 500 just climbed to a new all-time high above 2138. Obviously the bulls are back, but you...
Common Sense Killing Bears in S&P 500
Just like almost all other markets, the S&P 500’s collapsed after the British referendum results last week, as well. The political and economic uncertainty...
Common Sense Killing Bears in S&P 500
Just like almost all other markets, the S&P 500’s collapsed after the British referendum results last week, as well....
Nifty 50 Aiming For the Top
For the Nifty 50, the Great Recession ended in October 2008, when the index bottomed at 2253. Since then, prices have been rising until...
Nifty 50 Aiming For the Top
For the Nifty 50, the Great Recession ended in October 2008, when the index bottomed at 2253. Since then,...
S&P 500 Between a Rock and a Hard Place
This week is a disappointment in the making for S&P 500 bulls. Soon after the index climbed to a new multi-month high above 2120,...
S&P 500 Between a Rock and a Hard Place
This week is a disappointment in the making for S&P 500 bulls. Soon after the index climbed to a...
Things Might Get Ugly for Nikkei Bulls
The Japanese Nikkei 225 index almost reached the 21 000 mark a year ago – in June 2015 – but it was not meant to...
Things Might Get Ugly for Nikkei Bulls
The Japanese Nikkei 225 index almost reached the 21 000 mark a year ago – in June 2015 – but...
S&P 500 Was Not Easy to Decipher
Last week the S&P 500 fell to as low as 2025 and the majority of experts and market participants were expecting the weakness to...
S&P 500 Was Not Easy to Decipher
Last week the S&P 500 fell to as low as 2025 and the majority of experts and market participants...
S&P 500 Multi-Chart Elliott Wave Analysis
The S&P 500 had its worst week since the middle of February. Last week the index managed to reach 2100, which gave hope to...
S&P 500 Multi-Chart Elliott Wave Analysis
The S&P 500 had its worst week since the middle of February. Last week the index managed to reach...
Elliott Wave Reasoning in S&P 500
It was not the best start of a week for the S&P 500. The index opened with a bearish gap and continued a little...
Elliott Wave Reasoning in S&P 500
It was not the best start of a week for the S&P 500. The index opened with a bearish...
Predicting the Ups and Downs in S&P 500
Last week was very disappointing for the S&P 500 bulls with the index falling from 2079 to 2033. And just when the bears thought they...
Predicting the Ups and Downs in S&P 500
Last week was very disappointing for the S&P 500 bulls with the index falling from 2079 to 2033. And just...
Elliott Wave Strikes Again in S&P 500
The S&P 500 closed slightly below 2073 last Friday, April 1st, to end a week, during which the bulls managed to add another new high to...
Elliott Wave Strikes Again in S&P 500
The S&P 500 closed slightly below 2073 last Friday, April 1st, to end a week, during which the bulls managed...
S&P 500 Agrees With the Elliott Wave Principle
The S&P 500 fell to 2021 last week, but managed to recover and close the period at 2039. The index experienced some weakness at...
S&P 500 Agrees With the Elliott Wave Principle
The S&P 500 fell to 2021 last week, but managed to recover and close the period at 2039. The...
S&P 500 Does Not Need to Wait For the News
The S&P 500 index is currently trading near 2044, after climbing as high as 2051 earlier today. It looks like the index is set...
S&P 500 Does Not Need to Wait For the News
The S&P 500 index is currently trading near 2044, after climbing as high as 2051 earlier today. It looks...
Dollar Index Has a Choice to Make
The US dollar has been one of the most profitable investments during 2015, climbing against most of its major rivals. This led to a...
Dollar Index Has a Choice to Make
The US dollar has been one of the most profitable investments during 2015, climbing against most of its major...
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