Monthly Archives: August 2018

Wednesday update

SHORT TERM: higher open, new highs, DOW +61 So far this week Asian markets have gained 1.6%, and European markets have gained 1.0%. The SPX started the week at 2875, and gapped up on Monday to reach 2898. On Tuesday … Continue reading

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Weekend update

REVIEW The week started at SPX 2850. After a higher open on Monday the market rallied to match its all-time high on Tuesday at SPX 2873. After that the market started to pullback. By Thursday the market had pulled back … Continue reading

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Wednesday update

SHORT TERM: lower open, DOW -89 So far this week Asian markets have gained 1.3%, and European markets have gained 1.0%. The SPX started the week at 2850, rallied to match its all-time high at 2873 on Tuesday, then pulled … Continue reading

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Weekend update

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

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Wednesday update

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

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Weekend update

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

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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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