Tag Archives: ending diagonal triangle

Is Cable ready to turn again?

Posted on September 30, 2009 by Ramki

We have come a long way in the Pound. Is the Sterling going to turn down at all? From an Elliott Wave perspective, I still think Cable is going to come off once ALL the remaining stops are done. This … Continue reading →

Share
Posted in GBP | Tagged , , , , | 2 Comments

Ending Diagonal Triangle in S&P500?

Posted on April 20, 2009 by Ramki

On 8th April, we saw the possibility of the markets moving higher as part of the final leg of an Ending Diagonal Triangle in S&P500 index. As the attached chart shows, this up move has materialized. The question now is should we put on short positions around the current levels?
Continue reading →

Share
Posted in S&P500 | Tagged , | Leave a comment