Elliott Wave Analysis of Citigroup

This post gives you Elliott Wave analysis of Citigroup [NYSE:C]. It is not easy to deal with corrections, and labelling the waves becomes a challenge. For example, the first ABC higher had a running flat inside it. But you can see that Wave C was equal to Wave A....

Hewlett Packard has 25% downside

ELliott Wave analysis warns that Hewlett Packard has 25% downside potential. Any direct recovery to around $25.40 should be sold with a close by stop, and one could start taking profits in stages from near $21.50, riding a core position down to $17.35. Take a look at...

AUD/USD Outlook – Elliott Waves

In my Elliott Waves update on the Australian Dollar posted in MarketWatch on 6 Febuary 2012, I had discussed my medium-term outlook for the AUD/USD. You might want to read that first. The decline from the high of 1.0856 seen on 29 Feb is looking impulsive,but there is...