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Monthly Archives: August 2015
Monday update
SHORT TERM: gap down opening, DOW -115 Overnight the Asian markets lost 0.5%. Europe opened lower but finished mixed. US index futures were lower, and the market gapped down to SPX 1979 at the open. The SPX had closed at … Continue reading
weekend update
REVIEW The week started off at SPX 1971. On Monday, due to overnight selling, there was a huge gap down at the open to SPX 1875. Then after hitting SPX 1867 in the opening minutes the market rallied to 1954 … Continue reading
Friday update
SHORT TERM: gap down opening, DOW -12 Overnight the Asian markets gained 0.9%. Europe opened lower but gained 0.4%. US index futures were lower overnight. At 8:30 Personal income (+0.4% v +0.4%)/spending (+0.3% v +0.2%) were reported higher, and the PCE was … Continue reading
Thursday update
SHORT TERM: another gap up opening, DOW +369 Overnight the Asian markets gained 2.2%. Europe opened higher and gained 3.4%. US index futures were higher overnight. At 8:30 Q2 GDP was reported higher: +3.7% v +2.3%, and weekly Jobless claims … Continue reading
Wednesday update
SHORT TERM: another gap up opening, DOW +619 Overnight the Asian markets gained 0.2%. Europe opened lower and lost 1.5%. US index futures were higher overnight, and at 8:30 Durable goods were reported higher: +2.0% v +3.4%. The market gapped up … Continue reading
the ELLIOTT WAVE lives on 
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