What Next For The S&P500

Now that the S&P500 has entered the 1435-1450 window that I had discussed in my Forbes article, it is natural that we ask ourselves what next for the index. I thought maybe this is a good time to spell out my approach to the markets again. Elliott Wave analysis is...

Elliott Wave Analysis of India’s Sensex BSE Index

When we know that we are in the midst of a complex correction, we should expect the unexpected! India’s stock indices are a clear example. I have posted a few times about the NIFTY. Here is a look at the Sensex for a change. Elliott Wave and Fibonacci relationships...

Elliott Wave Analysis of the Dow Jones Industrial Average

After my recent posts on the S&P500 provoked some animated discussions, I was persuaded by one reader to look at the Dow. What follows below are three charts that offer my Elliott Wave Analysis of the Dow Jones Industrial Average. Elliott Wave Rules and Guidelines...

Elliott Wave Analysis of Egypt’s EGX30 Index

Is it possible to do an Elliott Wave Analysis of Egypt’s EGX30 index? Yes, of course. Take a look at the attached chart. You can see clearly that the second wave retraced wave 1 by 50%. That was followed by the third wave travelling just a shade over 161.8% of wave 1....