Monthly Archives: March 2018

Tuesday update

SHORT TERM: higher open then choppy, DOW +116 Overnight the Asian markets ended mixed. Europe opened higher and gained 0.5%. US index futures were higher overnight, and the market opened 8-points above yesterday’s SPX 2713 close. The market then moved … Continue reading

Posted in Updates | Tagged , , , | 415 Comments

Weekend update

REVIEW The week started at SPX 2787. After rallying to SPX 2802 by Tuesday morning the market headed lower into Thursday. Then after a SPX 2741 Thursday low the market hit 2762 on Friday. But closed at SPX 2752 for … Continue reading

Posted in weekend update | Tagged , , , | 461 Comments

OEW tutoring

All markets are driven by long term investor confidence cycles. When the cycle is positive a bull market unfolds, when negative a bear market. The Objective Elliott Wave (OEW) technique not only determines if a market is bullish or bearish, it … Continue reading

Posted in Uncategorized | Tagged , , , | 1 Comment

Thursday update

SHORT TERM: higher open then another pullback, DOW +116 Overnight the Asian markets were mixed. Europe opened higher and gained 0.6%. US index futures were higher overnight. At 8:30 weekly jobless claims were reported lower, along with the Philly FED. … Continue reading

Posted in Updates | Tagged , , , | 227 Comments

Tuesday update

SHORT TERM: gap up opening sold, DOW -172 Overnight the Asian markets gained 0.2%. Europe opened higher but lost 1.1%. US index futures were higher overnight, and the CPI was reported higher. The market gapped up at the open to SPX … Continue reading

Posted in Updates | Tagged , , , | 430 Comments