Hopefully you’ve had a positive trading week!
There will be no weekend report this week. The writers are off this week and are hopefully getting much deserved rest.
The stock charts are being diligently updated as time allows.
Also, I’m interested in everyone’s input on what could be done going forward. Anything from layout to design, ease of comment reading, potential guest reports, as well as things that might not have crossed my mind yet for the blog moving into the future. Please comment below any suggestions.
We’ve had quite a number of new students graduate into the OEW Group within the last few weeks as well as quite a few of them complete the course already and are now contributing great insights into stocks we’ve never looked into before.
If you’d like to become a part of the OEW Group or learn OEW continue reading. If not happy trading!
Over the past four years we have been compiling additional verified and quantified observations in the various markets. As a result, the 2019 lesson plan has been expanded to thirty lessons, with nearly all real time charts.
Objective Elliott Wave, (OEW), is a quantitative approach to the Elliott Wave Theory. OEW is not textbook Elliott Wave. It is a proprietary technique that defines every significant wave within bull and bear markets quantitatively. 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 OEW technique not only determines if a market is bullish or bearish, it also determines how far a market has progressed in its current cycle.
Once you learn OEW you will be able to quantitatively research the historical price performance of any asset class, or stock, and determine its current position within its overall long-term trend. Quantified waves never change. Then using shorter term charts, you will be able to determine good entry and exit price areas in the asset you are tracking. It is not complicated. Actually, you will be amazed, after some period of time and dedicated study, how easily you will be able to discern the waves as they unfold. OEW quantitatively identifies all the medium, and long-term waves that create bull and bear markets. Every one! We have been applying this technique, successfully, for nearly 40 years.
Over the years OEW analysis has led to some important projections in just the stock market alone. We projected the 1987 top and subsequent crash, called the Dec. 1987 low, the July 1990 top to the day, the 2000 top, the Oct. 2002 low, the Oct. 2007 top (in early Jan08), the Mar. 2009 bear market low nearly to the day, the 2016-2018 bull market (in mid-2016), and the recent bull market top in 2018.
If you are interested in learning how to do this type of analysis yourself, and joining our private OEW group, just contact me at JohnsonOEW@gmail.com for details. Best to your trading/investing.