Dow Jones: Friday’s Actions Suggest a Rally Is in the Offing
A healthy close to Friday's action saw confirmed accumulation across leading indexes, but not all managed to escape their trading ranges. The Dow Jones Industrial Average gained...
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A healthy close to Friday's action saw confirmed accumulation across leading indexes, but not all managed to escape their trading ranges. The Dow Jones Industrial Average gained...
U.S. stocks suffered their worst losses since 2008 The market could move higher in 2023 if the Fed slows interest-rate hikes and geopolitical tensions calm down But don’t...
Last week we found for the Nasdaq 100, using the Elliott Wave Principle (EWP), that "the primary expectation of black W-b from a month ago remains the same; it simply morphed...
It has taken a while, but the 8-day decline has finally flashed reversal candlesticks across indices. Lead indices finished with 'bullish' hammers, with spike lows indicating...
Last week (see here), we found for the Nasdaq 100 (NDX) using the Elliott Wave Principle (EWP): "We are most likely dealing with an irregular expanded flat, a 3-3-5 pattern, the...
Last Friday, I stated that the second half of the forthcoming trading week would be key for the market's direction. As things stand now, we are looking at a bearish reversal at the...
With the end-of-year fast approaching, all eyes will be on the S&P 500 next week. This index finished the week on resistance in a set-up which offers a good chance by the close of...
Two weeks ago, see here, we found for the Nasdaq 100 (NDX) using the Elliott Wave Principle (EWP), "… the general path laid out in late October remains our focus and is...
Yesterday was the kind of day which doesn't show up in many scans, but it was one where bulls hold the advantage. Bullish accumulation further confirmed the positive nature of...
Before we can assess what’s next, we must evaluate what we know. Last week (see here) we found for the NASDAQ 100 (NDX): “The Dow is now only 2% below [the August]...