Elliott Wave Analysis of Gold

On 9th May you saw the post “Last Hurrah for Gold..” where we looked for one final push higher from the current level of 1499. Then, on 2nd June and again 21st June, I had prepared the following two charts for the Global Head of Commodities Trading in a leading...

What is possible with Elliott Wave Analysis!

For new comers to the show, the magic of Elliott Wave Analysis is fascinating. The experienced players, they know that nothing works like Elliott Wave Analysis. If you wish to change the way you trade, and take low risk positions, then you have come to the right spot....

The Elusive NSEI 4800

India’s NSEI was cruising along nicely towards 4800 when all of a sudden the brakes were slammed and the index took off in the reverse direction. This has seemingly caught a lot of traders off-guard. Fortunate are the readers of Wavetimes who heeded the warning that...

GBP/USD update

Yes, the Pound is going down. It doesn’t matter that I dont think we posted a Head and Shoulders top there. I must have caused some of you to miss out a neat trade. Guess thats the price of being cautious.

Elliott Wave Analysis of ZSL UltraShort Silver

First question. What on earth is this instrument? The ZSL Ultra Short Silver is an ETF described by Reuters as…”The Fund seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the inverse (opposite) of the daily...