Tag Archives: OEW

monday update

SHORT TERM: volatile day starts FOMC/OPEX week, DOW +110 Overnight the Asian markets gained 1.6%. European markets opened higher and gained 1.0%. US index futures were much higher overnight, and at 8:30 the NY FED was reported higher: +7.8 vs. … Continue reading

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weekend update

REVIEW Another choppy week in the US as foreign markets continue to confirm downtrends. For the week the SPX/DOW were -1.10%, the NDX/NAZ were -1.45%, and the DJ World index dropped 0.60%. On the economic front positive reports continue to … Continue reading

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friday update

SHORT TERM: rally then pullback Friday, DOW -106 Overnight the Asian markets gained 1.4%. European markets opened higher and gained 0.2%. US index futures were lower overnight. At 8:30 the PPI was reported higher: +0.5% vs. -0.7%, and the Current … Continue reading

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thursday update

SHORT TERM: lower open then rally, DOW +181 Overnight the Asian markets lost 3.2%, mostly Japan. European markets opened lower and lost 0.1%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported lower: 334K vs. 346K, … Continue reading

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wednesday update

SHORT TERM: market gaps up then fades, DOW -127 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.7%. US index futures were much higher overnight, and the market gapped up to SPX 1636 at the open. The … Continue reading

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tuesday update

SHORT TERM: gap down opening, rebound, then DOW -117 Overnight the Asian markets lost 1.4%. European opened lower and lost 1.1%. US index futures were sharply lower overnight, and the market gapped down to SPX 1630 at the open. The market … Continue reading

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monday update

SHORT TERM: market gaps up then fades, DOW -10 Overnight the Asian markets gained 1.7%, nearly all Japan. European markets opened lower, but gained 0.1%. US index futures were higher overnight, the market gapped up to SPX 1649 at the … Continue reading

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OEW tutoring

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 … Continue reading

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weekend update

REVIEW This was certainly a volatile week. The SPX starting the week at 1631: dropped down 1623 Monday, rallied to 1647 Tuesday, dropped to 1598 by Thursday, then rallied back up to 1644 by Friday. Uptrend – Downtrend? We will … Continue reading

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friday update

SHORT TERM: gap up and go kind of day, DOW +208 Overnight the Asian market lost 0.6%. Europe opened lower but gained 1.5%. US index futures were higher overnight, and at 8:30 monthly Payrolls were reported higher: 178K vs. 176K, … Continue reading

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