Monthly Archives: April 2018

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

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Thursday update

SHORT TERM: gap up opening rally, DOW +294 Overnight the Asian markets ended mixed. Europe opened lower but gained 0.5%. US index futures were higher overnight, and at 8:30 weekly jobless claims were reported lower and import prices were unchanged. … Continue reading

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Tuesday update

SHORT TERM: gap up opening, DOW +429 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 1.0%. US index futures were higher overnight, and at 8:30 the PPI was reported higher. The market gapped up at the open … Continue reading

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Weekend update

REVIEW Another wild and volatile week on wall street. The market started the week at SPX 2641. After a gap down opening to start the week on Monday, the SPX hit 2554. Rebounding with a gap up opening Tuesday the SPX … Continue reading

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Thursday update

SHORT TERM: gap up opening, DOW +241 Overnight the Asian markets gained 1.1%. Europe opened higher and gained 2.6%. US index futures were higher overnight. At 8:30 weekly jobless claims were reported higher, and the trade deficit increased. The market … Continue reading

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Tuesday update

SHORT TERM: gap up opening then volatile day, DOW +389 Overnight the Asian markets ended mixed. Europe opened lower and lost 0.5%. US index futures were higher overnight and the market gapped up to SPX 2596 at the open. The … Continue reading

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