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Monthly Archives: January 2015
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
weekend update
REVIEW Gap openings continued to be the theme for January with four more this week, and 15 in 20 trading days. The market started the week at SPX 2052, bounced to 2058 on Monday, declined by Thursday to 1989, bounced, and then … Continue reading
Friday update
SHORT TERM: gap down opening then choppy, DOW -252 Overnight the Asian markets lost 0.5%. Europe opened higher, but lost 0.6%. US index futures were lower overnight, and at 8:30 Q4 GDP was reported lower: +2.6% v +5.0%. The market … Continue reading
Thursday update
SHORT TERM: pullback then rebound, DOW +225 Overnight the Asian markets lost 0.6%. Europe opened lower but gained 0.1%. US index futures bounced around overnight, and at 8:30 weekly Jobless claims were reported lower: 265k v 307k. The market opened … Continue reading
Wednesday update
SHORT TERM: gap up opening sold, DOW -196 Overnight the Asian markets gained 0.1%. Europe opened higher but ended mixed. US index futures were higher overnight, and the market gapped up to SPX 2042 – the high of the day. … Continue reading
