Tag Archives: top

S&P500 Update: May 19, 2009

Posted on May 19, 2009 by Ramki

One of the hardest decisions a trader makes is to take a punt against the current trend. It is seldom profitable immediately, and he worries how far away the market will go before his view becomes the accepted thinking. The … Continue reading →

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S&P 500 update: where is the top?

Posted on April 30, 2009 by Ramki

You will recall that in my last update of 23rd April, I had warned of another move higher. Once an extending fifth wave is completed, and we get a first sell-off, we should always be on the alert for a … Continue reading →

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How to trade a “Head & Shoulders” formation?

Posted on April 11, 2009 by Ramki

I have added a page on this subject under Elliott Wave Magic. The link can be found on the side of this post. But first, let us take a quick look at what are the basic ingredients for a head … Continue reading →

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