Latest Blog Posts - Another Market Blog
- Euro Dollar Rallies Hard, Buy the Dip?on Feb 23, 2012I'm Short Term Bullish... LOOK at the Chart! I am just amazed every time the Elliott Wave Principle works to the tee especially in a real time situation like this chart I composed Today. The Elliott Wave Principle must be added to your logical thoug...
- Major U.S. Market Indexes Technically Reviewed & Revealedon Feb 22, 2012I encourage all to click on the links on my page in order to get the FREE Club EWI account. The analysis provided by Elliott Wave International is hands down the most descriptive and very potentially the biggest money-maker in your trading/investing...
- Resistance Looms the Marketon Feb 21, 2012Dow Heading South? As one can see, the trend really is your friend. However, once the trend is broken, look for a reversal, especially at key Elliott Wave projected price levels (not on chart). You can find out more about the Elliott...
- Stock Market Breaks Medium-Term Support!on Feb 14, 2012As I wrote last night, the Standard & Poors 500 Index was locked into a rising wedge scenario. These wedges can be found in Wave C which is what wave the stock market is looking to complete in order to revert back towards the larger trend. Today,...
- S&P 500 in a Tight Daily Squeezeon Feb 13, 2012Where's My Wedge At? Although I am no golf expert, I can see when there is a rising wedge in the stock market and that problematically means a price decline is approaching. Just take a look at the story-telling trend lines I have drawn, and see for...
- Dow & SPX Daily Update- Feb. 8, 2012on Feb 8, 2012Dow & SPX Elliott Wave Chart Update The Dow did not close above the maximum retracement price level, but the SPX still has soom room to run. If the immediate bear market scenario is to play out, the price action Today must be seen as a to...
- Has the Dow Topped Out?on Feb 7, 2012Another Decline Coming.....Nahhhh....? There was no real reason besides the European Union for the U.S. stock market to decline in 2011 but it did. This happened in 5 waves down (not labeled), followed by the correction upwards that we are still in...
- Friday Feb 3, 2012 Dow Jones Industrial Forecaston Feb 3, 2012We have broken the smaller channel support to the downside. Although we have been in the same trend line since the New Year struck, we are still within another larger overall trend which is up. I do believe that the focus is going to shift to down as...
- Is Stock Market Golden Cross Really Golden?on Feb 2, 2012...Or a Perfect Storm in Disguise? If conducting Elliott Wave analysis was easy, don't you think everyone would be doing it? It is not easy to conduct, but it sure does give one a statistical advantage over those who do not have any guidelines...
- When Will the Stock Market Stop Advancing?on Jan 30, 2012This is the wave count I came up. I really do recommend getting the FREE account that Elliott Wave International has to offer. They have the best commentary and analysis hands down in finance. I am seeing one last push higher to complete the 5 wave...
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