Category Archives: US Indices

Elliott Wave Analysis of S&P 500

The current rally in the S&P500 index looks powerful, and this should make people wonder about the medim term outlook for the US stock market. Readers might remember my post of 16 December 2011 where I suggested that we will … Continue reading

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Posted in S&P500 | Tagged , , , | 19 Comments

S&P500 Elliott Wave Outlook Dec 2011

Two things are clear from the attached chart. First, there is a reasonably good chance that we will go back and forth for a few more weeks, and it is possible that one particular rally will be relatively powerful. However, … Continue reading

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Posted in S&P500 | Tagged , , , | 21 Comments

Elliott Wave Update for the Dow

Exactly a month back, on 18th August, when we discussed the Elliott Wave outlook for the Dow Jones Industrial Average, we identified 11725 as a key level. The index topped out at 11712 and came off by over 7%. However, … Continue reading

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Posted in Dow Jones | Tagged , , , , , | 4 Comments

Outlook for the Dow – DJIA

Having prepared this on the 15th, with an intention of sharing with readers the same evening, I went out for a walk. I suddenly remembered that I had promised my wife that we will go to the movies, and promptly … Continue reading

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Posted in Dow Jones | Tagged , , , | 9 Comments

Outlook for the Dow

The last time I looked at the chart for the Dow was back in May 2010, where I warned of a downmove to 9000 levels. The correction went only to 9600 area, (still a nice 11% down from the time … Continue reading

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Posted in Dow Jones | Tagged , | 6 Comments

Elliott Wave Analysis of Dow Jones Industrial Average

Here is the Elliott Wave Analysis of DJ Industrial Average that I presented to an audience of over 200 traders this morning.  You will see that I am bearish in the slightly medium term for a dip to at least … Continue reading

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Elliott Wave update on Dow Jones: Internal Wave Count

One of the readers, Jim to be specific, has asked for the internal counts of waves (1) and (3)  of the wave count of the Down Jones Industrial Average that I had posted on 17 Jan 2010. He requested this … Continue reading

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Elliott Wave Update on Dow Jones 17 Jan 2010

Here is the Elliott wave update on the Dow Jones as of 17 January 2010. It has been a while since I looked at this chart. Someone sent me a note that Bob Prechter has called the top in this … Continue reading

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Posted in Dow Jones | Tagged | 4 Comments