Elliott Wave Analysis of Gold

There are many urgent voices asking for an Elliott Wave update on Gold. As you know, I have warned readers here not to be short of this commodity because no matter what your projected targets are for the end of a fifth wave, it could just keep going if it were...

Medium Term Outlook for Sterling Pound GBP/USD

The Medium Term Outlook for the GBP/USD using Elliott Wave analysis is best figured out by starting your query from the longer term chart. A clear five wave decline from 2007 ended in 2009. That decline is being corrected in a 3 wave pattern, ABC. We seem to be in...

Jai Ho! Nifty reaches 4800!

Jai Ho! Nifty reaches 4800! (Thanks to Vidhan for the catchy comment) This is a moment of elation for all those who believe in Elliott Wave Analysis, and how one can use it to profitably trade the financial markets. I think I did 5 posts in all about the Nifty,...

Elliott Wave Analysis of IDBI Bank, India

Even if you have no interest in trading INdian stocks, you have something to learn from these posts! Sometimes, a chart almost screams out a sell, and IDBI was one such stock back near the highs. (Rememebr my video on TCS and stubborn bearish calls despite all the...

Outlook for the Dow

Having prepared this on the 15th, with an intention of sharing with readers the same evening, I went out for a walk. I suddenly remembered that I had promised my wife that we will go to the movies, and promptly forgot that this update was ready! Anyway, we are still...