by Ramki | Apr 22, 2009 | S&P500
We got the break in the index as anticipated, and the recovery looks good too. Be alert for a failure inside the wedge so you can join in soon after. Here is your chart. S&P500 Elliott Wave update Related S&P500 links: Was that the stock market bottom? SNP500...
by Ramki | Apr 20, 2009 | US Stocks outlook
It is official. ORCL will be buying Sun common stock for $9.50 per share in cash. Here is a quick look at the chart for ORCL from Elliott Wave perspective. Enjoy. Elliott wave analysis of ORCL
by Ramki | Apr 20, 2009 | S&P500
On 8th April, we saw the possibility of the markets moving higher as part of the final leg of an Ending Diagonal Triangle in S&P500 index. As the attached chart shows, this up move has materialized. The question now is should we put on short positions around the...
by Ramki | Apr 14, 2009 | UK Stocks
Elliott Wave Analysis of Barclays Bank Today the news is Barclays Bank went to a three-month high on market optimism fueled by some nice numbers from US Bank Goldman Sachs. So I decided to take a look at what the charts tell us about Barclays. Like most other big...
by Ramki | Apr 13, 2009 | Trading Tips
Elliott wave analysis of stock market or forex or commodity market would invariably involve the use of some Fibonacci numbers to arrive at targets for corrections or projections. If you had searched the Internet for some information about the Fibonacci number series,...