Monthly Archives: July 2018

Weekend update

REVIEW The week started at SPX 2802. After a lower open Monday, and a dip to SPX 2795, the market rallied to 2830 by Tuesday morning. A pullback quickly followed to SPX 2811 by Tuesday afternoon. Then the market rallied … Continue reading

Posted in weekend update | Tagged , , , | 300 Comments

Wednesday update

SHORT TERM: lower open then rally, DOW +172 For the past three days the Asian markets have gained 0.3%, and the European markets have been mixed. The US market traded down to SPX 2795 on Monday, rallied to SPX 2830 … Continue reading

Posted in Updates | Tagged , , , | 244 Comments

Weekend update

REVIEW The week started at SPX 2801. After a slightly higher open on Monday the SPX dropped to 2789 by Tuesday’s open. After that the market rallied to SPX 2817, (new uptrend high), on Wednesday, before pulling back to 2800 … Continue reading

Posted in weekend update | Tagged , , , | 408 Comments

Wednesday update

SHORT TERM: higher open, DOW +79 For the first three days of the week Asian markets have been marginally higher, and European markets up about 1%. The SPX opened slightly higher on Monday, dipped to 2789 by Tuesday morning, then hit an new … Continue reading

Posted in Updates | Tagged , , , | 268 Comments

Weekend update

REVIEW The week started at SPX 2760. After a gap up opening on Monday, and higher open Tuesday, the SPX rallied to 2796. A gap down opening on Wednesday took the SPX to 2771. But the market gapped up on Thursday, hit … Continue reading

Posted in weekend update | Tagged , , , | 459 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 , , ,

Wednesday update

SHORT TERM: gap down opening, DOW -219 The SPX rallied 1.2% the first two days of the week. Then overnight Tuesday, it was reported the US was preparing an additional $200B in tariffs against China. Naturally China stated they would … Continue reading

Posted in Updates | Tagged , , , | 344 Comments