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Monthly Archives: January 2016
Monday update
SHORT TERM: market back in pullback mode, DOW -208 Overnight the Asian markets gained 0.8%. Europe opened higher but lost 0.4%. US index futures were lower overnight, and the market opened 4 points below Friday’s SPX 1907 close. Right after … Continue reading
weekend update
REVIEW The week started off at SPX 1880. After a Monday holiday the market gapped up to SPX 1901 on Tuesday, and then immediately headed lower. On Wednesday the market gapped down at the open, hit a new low for … Continue reading
Friday update
SHORT TERM: gap up and go, DOW +211 Overnight the Asian markets gained 3.6%. Europe opened higher and gained 2.4%. US index futures were higher overnight, and the market gapped up to SPX 1896 at the open. The market had … Continue reading
Thursday update
SHORT TERM: volatility continues, DOW +116 Overnight the Asian markets lost 1.5%. Europe opened higher and gained 1.9%. US index futures were lower, then higher overnight. At 8:30 weekly Jobless claims were reported higher: 293K v 284K, and the Philly … Continue reading
Wednesday update
SHORT TERM: gap down opening, DOW -249 Overnight the Asian markets lost 3.1%. Europe opened lower and lost 3.4%. US index futures were sharply lower overnight, but recovered some heading into the open. At 8:30 the CPI was reported lower: … Continue reading
the ELLIOTT WAVE lives on 
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