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Monthly Archives: December 2018
Weekend update
REVIEW The week started at SPX 2417. After a gap down opening on Monday’s half-session the SPX closed at a new downtrend low of 2351. Trading resumed with a gap up opening on Wednesday to SPX 2386, which was quickly … Continue reading
Wednesday update
SHORT TERM: gap up opening, pullback, then DOW +1086 For the first three days of the week not much happened in the foreign markets, as most were closed, or open a limited time. The US market, however, was a bit … Continue reading
Weekend update
REVIEW Nastiest week of the bear market by far. The selling felt like it was on cruise control. The week started at SPX 2600. After a gap down opening on Monday the SPX made a new downtrend low at 2531. … Continue reading
Wednesday update
SHORT TERM: flat open then typical FOMC selloff, DOW -352 The first three days of the week had Asian markets -0.4%, and European markets -1.3%. US markets gapped down on Monday, and made a new downtrend low at SPX 2531. … Continue reading
Weekend update
REVIEW The market started this roller coaster week at SPX 2633. After the low open on Monday the market dropped to its lowest level of Intermediate wave A at SPX 2583. After that the market rallied strongly, went higher Tuesday, … Continue reading
the ELLIOTT WAVE lives on 
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