Monthly Archives: August 2018

Weekend update

Posted on August 18, 2018 by

REVIEW The week started at SPX 2833. After a slightly higher open on Monday the SPX rallied to 2843, dropped down to 2820 in the afternoon, and then rallied back to 2843 on Tuesday. Wednesday’s gap down opening took the … Continue reading →

Posted in weekend update | Tagged , , , | 53 Comments

Wednesday update

Posted on August 15, 2018 by

SHORT TERM: gap down opening, DOW -138 For the first three days of the week the Asian markets have declined 1.4%, and the European markets have declined 2.1%. It has been a volatile week in the US so far. Monday: … Continue reading →

Posted in Updates | Tagged , , , | 328 Comments

Weekend update

Posted on August 11, 2018 by

REVIEW The week started at SPX 2840. After a flat opening on Monday the market rallied to a new uptrend high at SPX 2863 by Tuesday morning. After that the market went sideways for two days before heading lower late Thursday … Continue reading →

Posted in weekend update | Tagged , , , | 427 Comments

OEW tutoring

Posted on August 11, 2018 by

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 , , , | 2 Comments

Wednesday update

Posted on August 8, 2018 by

SHORT TERM: flat opening then lower, DOW -45 So far this week the Asian markets gained 1.2%, and the European markets have gained 0.6%. The SPX started the week at 2840, then rallied to 2863 by Tuesday. Just 10-points shy … Continue reading →

Posted in Updates | Tagged , , , | 331 Comments

Weekend update

Posted on August 4, 2018 by

REVIEW The week stated at SPX 2819. After a higher open on Monday the market sold off to SPX 2798 by early afternoon. A gap up opening on Tuesday carried the SPX to 2826 by Wednesday morning. Then another pullback, … Continue reading →

Posted in weekend update | Tagged , , , | 415 Comments

Wednesday update

Posted on August 1, 2018 by

SHORT TERM: higher open – then decline, DOW -81 So far this week the Asian markets have lost 0.3%, and the European markets have lost 0.5%. US markets started the week at SPX 2819, dropped to 2798 on Monday, hit 2826 … Continue reading →

Posted in Updates | Tagged , , , | 189 Comments