Objective Elliott Wave, OEW, is a quantitative approach to the Elliott Wave Theory. Once you learn OEW you will be able to quantitatively research the historical price performance of any asset class, or stock, and determine its current position within its overall long term trend. Quantified waves never change. Then, using shorter term charts, you will be able to determine good entry and exit price areas in the asset you are tracking.
This is not a course, this is private tutoring: one on one. You may take as long as you like to fully grasp the material and concepts at hand. It is not complicated. Actually you will be amazed, after some period of time and dedicated study, how easily you will be able to discern the waves as they unfold. OEW quantitatively identifies all the medium and long term waves that create bull and bear markets. Every one! We have been applying this technique, successfully, for nearly thirty years.
Over the years OEW analysis has led to some important projections in just the stock market alone. We projected the 1987 top and subsequent crash, then the Dec. 1987 low. The July 1990 top to the day, the 2000 top, and the Oct. 2002 low. The Oct. 2007 top (in Jan08), the Mar. 2009 low nearly to the day, the recent high in May/July 2011, and the recent low in Oct 2011 nearly to the day. We are still projecting a bull market top in 2013.
In Real Estate, OEW confirmed the bear market in 2006 and now the new bull market starting in 2011. In Bonds, OEW confirmed the recent bull market in 2007 and we are now anticipating an new bear market may be underway. In the Currency markets, OEW projected a strong rally in the USD in early 2008 after a three year decline. Then a resumption of its choppy bear market in 2009/10. We then turned bearish on several foreign currencies in mid-2011, and long term bullish on the USD. In early 2009, OEW projected a resumption of the ongoing 13 year bull market in some Commodities: including Gold and Silver. OEW can be used to track any asset class, including individual stocks, providing there is sufficient historical data.
Bull and bear markets can last for years. Medium term uptrends and downtrends only last for a few months, and are often mistaken as changes in long term trends. OEW analysis not only confirms when changes in long term trends are occurring, but also allows one to track a bull or bear market as it unfolds. If you are interested in learning how to do this type of analysis yourself, and joining our private OEW group, just contact me at oewtony@msn.com for the details. Best to your trading/investing.
“The possession of knowledge, unless accompanied by the manifestation and expression in action, is like the hoarding of precious metals; a vain and foolish thing. The Law of Use is universal, and he who violates it suffers by reason of his conflict with natural forces.”
Hi Tony,
On Real Estate..can u please comment on Canada Real estate
can u put an article for CAD/USD..
Unfortunately, do not have sufficient data on Canadian real estate.
We still believe the CADUSD topped in 2011.
But it continues to trade near that high, just like the JPYUSD.
thnx
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Tony, I just posted this on w/end but will ask here also. Is minor 3 subdividing into 5 minute waves?
Support levels for the indices
http://www.wavegenius.com/2012/10/08/elliott-wave-noon-update-video-for-10-08-12-support-levels-for-the-indices-youtube/
Morn
How about them Cards ?
Tony u surely can’t be serious with ur count that has the Cards winning the whole enchilada ?
AAPL broke the “neck line” should trade no different than usual
If their rookie manager does not make more rookie mistakes.
Taking out your second best reliever Boggs and bringing in Zep, who has not been good all season, to pitch to a phantom lefty hitter (lefty pinch hitter replaced by righty pinch hitter) is a rookie manager mistake. Then, to top it off, he brings Mott in the ninth in a non-save situation. A non-rookie manager would have brought Mott in the 8th to get the last out. Metheny has made these kinds of mistakes all season.
Well said Tony !
I about choked on a meatball sandwich when he took out Boggs.
I’m sticking with liquids only for todays game ..3:37 pm CT start folks !
http://stlouis.cardinals.mlb.com/mlb/gameday/index.jsp?gid=2012_10_07_wasmlb_slnmlb_1&mode=recap&c_id=stl
In case anybody is interested and missed the game
641 = interm iii ?
Hi Tony,
As a follow up to an earlier post, Apple finally broke the high of Int.1, so probably you are now considering Int.III still unfinished.
In that case I still don’t understand the “Apple Downtrending” heading on your chart if we are stillin Int. III up.
What degree of wave do you use to come up with your headings / titles on charts ? Surely you can’t possibly be calling an Int. degree wave an “uptrend” or a “downtrend” ?
If I recall, for the daily SP and DOW you use the MAJOR wave degree for uptrend/ downtrend. Can you confirm.
Hi Erka,
Uptrends and downtrends have nothing to do with the degree of the wave.
An uptrend/downtrend can last for weeks to months.
When we label a chart in a downtrend, the risk is that lower prices are ahead.
Then when the downtrend completes we get a better idea of the current/future wave count.
“Uptrends and downtrends have nothing to do with the degree of the wave”. This is quite an interesting answer. Yet in your week-end update you reiterate what you have been saying for months: “When Int. wave five concludes this uptrend, Major wave 3, should end as well”. It seems to me that in this case you use the end of Int. V and thus Major 3 as the defining criteria for the end of what you call an uptrend, ready to qualify the Major 4 to come as a downtrend.
But you tell me it’s not the case ! So if it’s not the wave degree, what criteria do you use to state that an index, a commodity or a stock is in an uptrend or a downtrend ?
Furthermore, if you don’t use wave degrees to help qualify uptrends and downtrends, you end up with this current APPLE paradox where your chart mentions “APPLE DOWNTRENDING” when in fact the stock is apparently still up in Int. III. which can hardly be considered a downtrend ! Rather confusing but I guess purposely keeping the confusion alive is part of the magic
But you tell me it’s not the case ! So if it’s not the wave degree, what criteria do you use to state that an index, a commodity or a stock is in an uptrend or a downtrend ?
Proprietary tenets of OEW.
The up/down trends are quantified and determine the important waves.
The long term wave structure determines the degree of the waves.
Happy Columbus Day Erka 11 !
thanks Tony. You are so very patient =) and always share your prop. findings so generously – well beyond what anyone could ever expect. Much appreciated Tony!
Oh so it’s actually the other way around ! The up / down trends, which recipe is a secret, DETERMINE the important waves ! The plot thickens ! Evasive answer as ever as it never addresses the point which is raised.
Hey guy…if it’s still “rather confusing” and the word: “proprietary” is not clear to you, then do yourself a favor and read paragraph 5 of “OEW Tutoring,” which explains clearly what it is that you can do if “you are interested in learning.” Otherwise stop wasting people’s time and stop being so ^%#*(+% rude and demanding!!
Good morning, Tony.
Previous wave 4 acting as support ?..do you see the same ?
Mornin … previous 4th?
http://scharts.co/WHw6Ot
that fits
We should go down to 13475 ?
Sorry Mario , do not follow the DOW that closely
how can you be sure you count the EW correct?. I have subscription from EW directly and they say top at maximum around 1500.
Hi Per,
We work with quantitative waves, fundamentals, and probabilities.
Others are entitled to their opinions.
How much money have you made listening to them ?
I’ll second what Scotty said.
Why not ask yourself how you can be sure that EWI’s count is correct? If price action proves Tony’s count in need of revision, you can bet he will be the first to let you know it. How many are still fully leveraged short from Prechter’s August 2009 call, with no signs of Armegedan nor even a whipsered “Oops” from EWI?
Thanks so much for this work, Tony. It is very impressive how OEW can track the markets. It is a matter of time all your followers will be students.
The credit should to RN Elliott