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Monthly Archives: May 2014
OEW tutoring
Over the 2013 year end holidays we completed our eighth annual update of the self explanatory lessons, expanding them to twenty-six. We recently added how the Saeculum applies to the markets, and Trading Psychology. This is our most complete lesson plan yet. … Continue reading
weekend update
REVIEW For a four day trading week the market did fairly well. It opened at new all time highs on Tuesday. Then made higher highs, with small pullbacks along the way, every day this week. For the week the SPX/DOW … Continue reading
friday update
SHORT TERM: drift higher continues, DOW +18 Overnight the Asian markers closed mixed. Europe opened lower and lost 0.2%. US index futures were lower overnight. At 8:30 Personal income (+0.3% v +0.5%) was higher, spending was lower (-0.1% v +0.9%), … Continue reading
thursday update
SHORT TERM: new all time highs, DOW +66 Overnight the Asian markets lost 0.5%. Europe opened higher and gained 0.1%. US index futures were higher overnight. At 8:30 Q1 GDP came in less than expected: -1.0% v +0.1%, and weekly … Continue reading
wednesday update
SHORT TERM: consolidation day, DOW -42 Overnight the Asian markets gained 0.3%. Europe opened lower but finished mixed. US index futures were higher overnight, and the market opened one point above yesterday’s SPX 1912 close. After a dip to SPX … Continue reading
the ELLIOTT WAVE lives on 
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