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Monthly Archives: April 2017
weekend update
REVIEW The market started this gap filled week at SPX 2329. A gap up opening Monday took the SPX to 2349. Then after a gap down opening on Tuesday the market found support at SPX 2335. A gap up opening on Wednesday … Continue reading
Friday update
SHORT TERM: lower open pullback, DOW -31 Overnight the Asian markets gained 0.2%. Europe opened higher but lost 0.1%. US index futures were higher then lower overnight, and the market opened 2 points below yesterday’s SPX 2356 close. After ticking … Continue reading
Thursday update
SHORT TERM: 4th gap opening in a row, DOW +174 Overnight the Asian markets gained 0.5%. Europe opened lower but gained 0.6% (mostly France). After the close yesterday FED vice chair Fischer gave another speech: https://www.federalreserve.gov/newsevents/speech/fischer20170419a.htm. Overnight the SPX futures … Continue reading
Wednesday update
SHORT TERM: gap up opening sold, DOW -119 Overnight the Asian markets lost 0.1%. Europe opened higher but ended mixed. US index futures were higher overnight, and the market gapped up to SPX 2352 at the open. The SPX had … Continue reading
Tuesday update
SHORT TERM: gap down opening, DOW -114 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 1.7%. US index futures were lower overnight. Yesterday, after the close, there was a FED speech: https://www.federalreserve.gov/newsevents/speech/fischer20170417a.htm. At 8:30 this morning housing … Continue reading
Swarm today at 5pm, and last week’s results
Participation was light in the Swarm last week, and here are the results: Scoring Weekly scoring out of 6 Directional response* (12 points possible) Swarm 4 8 Average individual score 2.43 5.71 If you have not previously participated and would like … Continue reading
Posted in Uncategorized
Tagged elliott wave, investing, markets, OEW
Monday update
SHORT TERM: gap up opening, DOW +184 Overnight the Asian markets lost 0.1%. European markets were closed. US index futures were higher overnight, and at 8:30 the NY FED was reported lower: 5.2 v 16.4. The market gapped up at … Continue reading
