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Monthly Archives: January 2018
Tuesday update
SHORT TERM: selling continues, DOW -363 Overnight the Asian markets lost 1.1%. Europe opened lower and lost 1.0%. US index futures were lower overnight as well. At 9am Case-Shiller was reported higher. The market gapped down at the open for … Continue reading
Weekend update
REVIEW The week started at SPX 2810. After a flat opening on Monday the market rallied, rallied again on Tuesday, then hit a temporary all-time high on Wednesday morning at SPX 2853. The market then pulled back into Wednesday afternoon to … Continue reading
Thursday update
SHORT TERM: gap up opening then pullback, DOW +141 Overnight the Asian markets lost 0.7%. Europe opened lower and lost 0.5%. US index futures were higher overnight, and at 8:30 weekly jobless claims rose. The market gapped up at the … Continue reading
Tuesday update
SHORT TERM: higher open and new highs, DOW -4 Overnight the Asian markets gained 1.4%. Europe opened higher but gained only 0.2%. US index futures were higher overnight, and the market opened 2 points above yesterday’s SPX 2833 record close. … Continue reading
Weekend update
REVIEW The market started the week at SPX 2786. After a Monday holiday, the market gapped up on Tuesday to new highs (2808), then pulled back to 2769 before rebounding in the afternoon. Wednesday had another gap up opening, but the high … Continue reading
the ELLIOTT WAVE lives on 
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