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EURO update target hit
Posted on July 1, 2014 Leave a Comment
CLIFF NOTES: the flat correction we have been watching develop has been hit. CLIFF NOTES 2: wanted to point out that we have been working w/ the EUR vs USD that, some could argue, is one of the biggest and most liquid instruments in the world. All of this work has been done based on […]
MSFT Microsoft
Posted on June 29, 2014 Leave a Comment
Here is the BUY on MSFT – some amazing harmony, form, proportion and balance. Just take one second and look at that chart … no idea what is going on w/ their fundamentals and, it was quite the “crazy” time for it to find support during the 2009 thump. But … a PATTERN is a […]
EURO continuing the update
Posted on June 27, 2014 Leave a Comment
CLIFF NOTES: in the world of Elliott Wave, a FLAT correction can be thought of as a big N. It’s Friday night and I don’t feel like relabeling the count. Suffice it to say our target in the 1.3680-1.3700 area still holds. I’ve tried to put the N in perspective so you can see. The […]
Yen … ramifications of this pattern are big
Posted on June 27, 2014 1 Comment
CLIFF NOTES: let’s face it .. 2014 had been a complete YAWN w/ regards to the USD vs JPY cross. It completed a 5 wave move up into the 105.50 and now’s it’s been correcting in a rather less than volatile way. Things are NOW interesting. Again, PATTERNS PATTERNS PATTERNS is what this blog is […]
NYSE Index Pattern Complete
Posted on June 25, 2014 Leave a Comment
CLIFF NOTES: in November 2013 I posted that a .618 price projection was hitting in/around 10376 level. while it did cause a month of selling AND gave a monthly signal (go look at the chart) the market subsequently “recovered” and caused the pattern to fail. Now, we have “another” pattern completing as shown below. Patterns […]
KIWI Patterns (note plural)
Posted on June 23, 2014 Leave a Comment
CLIFF NOTES: Patterns galore in the 9000-9300 level on the KIWI. AB=CD from all time low (blue) 1.618 extension from 11/1996 AB=CD from 2009 low (purple) Butterfly Top – light blue triangles. I expect the highs to be taken out from 2011 but then a BRICK WALL should stop the advance in it’s place.
McDonald’s (MCD) Strategy
Posted on June 23, 2014 Leave a Comment
CLIFF NOTES: MCD has been stalled at 100 since early 2012. that’s a long time .. we either have some high level consolidation getting ready to explode or some distribution. Here’s what I see … I see a PRICE and TIME pattern completing so my bias is a corrective move. If you look at the […]
EURO vs USD update
Posted on June 23, 2014 Leave a Comment
CLIFF NOTES: the EURO bottomed on June 05,2014. It’s been correcting for 18 (long days). The most recent correction that occurred (intra day) on Friday was, just that, a corrective move in what I believe is the last leg of a “long” flat correction. Targets in/around 1.3700 are a good place to get into a […]
Emerging Markets and Crude …
Posted on June 22, 2014 2 Comments
CLIFF NOTES: note on the EEM chart below the “time” and “price” pattern that has completed for time but, perhaps, we’ll got up and see 45 as the target. This is very key as it has held the EEM back for over a year. The basic concept of polarity is shown w/ regard to the […]
ZILLOW
Posted on June 22, 2014 Leave a Comment
CLIFF NOTES: case can be made for 5 waves. 5th is in progress w/ some targets noted below. Bottom line is this puppy (much like IBB) has NEVER broken a swing low in this run so run w/ this one until a swing low is broken on a “closing weekly basis.” This count sure looks […]