Category Archives: Elliott Wave

U.S. Interest Rates Ready to Thrust Higher?

Amazingly clear Elliott wave patterns indicate U.S. long-term rates/yields could soon make new highs. The 09/02/23 blog “U.S. Interest Rates Could Soon Make New 2023 Highs” illustrated the daily the CBOE 30- year Treasury Yield chart (TYX) courtesy of Trading View.    Subsequent action supports the theory of long – term U.S. interest rates movingContinue reading “U.S. Interest Rates Ready to Thrust Higher?”

U.S. Interest Rates Could Soon Make New 2023 Highs

The next U.S. FOMC decision on short-term U.S. interest rates is 09/20/23.  Between now and then there’s likely to be considerable speculation on what action the FOMC could take.  Rather than partake in a guessing game, focus on what’s happening at the long end of the U.S. interest rate curve.  The daily CBOE  30 –Continue reading “U.S. Interest Rates Could Soon Make New 2023 Highs”

Possible Counter  Trend Peak for U.S. Stocks – 08/30/23

The Nasdaq Composite (IXIC) declined from 07/19/23 to 08/18/23.  On 08/30/23 the IXIC and the other two main U.S. stock indices may have made  tops  in a developing bear trend. The 08/26/23 blog “Nasdaq Composite Elliott Wave Count – 08/25/23” illustrated a potential resistance zone from 13,900 to 13,980. The IXIC – two-hour chart courtesyContinue reading “Possible Counter  Trend Peak for U.S. Stocks – 08/30/23”

Apple Inc. – Clear Elliott Wave Pattern

Sometimes individual stocks can have amazingly clear and accurate Elliott wave patterns.  The recent action of Apple Inc. (AAPL) could be very helpful in timing the broader U.S. stock market. The two – hour APPL chart courtesy of Trading View illustrates  its Elliott wave pattern since 07/19/23. From 07/19/23 to 08/18/23 APPL formed a clearContinue reading “Apple Inc. – Clear Elliott Wave Pattern”

Nasdaq Composite Elliott Wave Count – 08/25/23

On 8/18/23 the Nasdaq Composite (IXIC) bottomed out after its post 07/19/23 decline.  The rally after the 08/18/23 bottom could still be a fourth wave of a developing motive pattern.  However, the size of the rally is suspiciously large for a presumed wave “four”. This current  blog examines two other potential Elliott wave counts. TheContinue reading “Nasdaq Composite Elliott Wave Count – 08/25/23”

Elliott Wave Count For U.S. Stock Indices – 08/23/23

The post 08/18/23 rally in U.S. stock indices could be complete. The 08/19/23 blog “S&P 500 First Wave Down Nearly Complete – 08/18/23”  illustrated that the S&P 500 (SPX) may have completed Minuette wave (iv) of Minute wave “v” – boxed of the post 07/27/23 decline. The 30 – minute SPX chart courtesy of TradingContinue reading “Elliott Wave Count For U.S. Stock Indices – 08/23/23”

S&P 500 First Wave Down Nearing Completion – 08/18/23

The 08/16/23 blog “S&P 500 – Downside Targets – 08/16/23”  noted. “A Fibonacci .236 retrace of October 2022 to July rally is near SPX 4,350.  The SPX closed 08/16/23 at 4,404 and could reach 4,350 on 08/17/23.” On the S&P 500 (SPX)  08/18/23 open it reached 4,350 and quickly bottomed out at 4,335.  Could thisContinue reading “S&P 500 First Wave Down Nearing Completion – 08/18/23”

Philippines and Vietnam Stock Markets Update – 08/17/23

The 07/15/23 blog “Philippine Stock Exchange an Elliott Wave Tutorial” illustrated that the Philippine Stock Exchange (PSEI) could be rising in an Elliott wave – Double Zigzag pattern. The daily PSEI chart courtesy of Trading View updates the action. About 85 to 90% of the time the second Zigzag of a Double Zigzag pattern willContinue reading “Philippines and Vietnam Stock Markets Update – 08/17/23”

S&P 500 – Short – Term Elliott Wave Count – Update 08/11/23

The 08/10/23 blog noted that the S&P 500 (SPX) may have completed an Elliott wave extended Impulse wave at the 08/09/23 bottom.  The pattern after the 08/09/23 low was expected to be  a developing Elliott wave -Inverse Expanding Flat. The 5 – minute SPX chart courtesy of Trading View updates the action. Expanding Flats areContinue reading “S&P 500 – Short – Term Elliott Wave Count – Update 08/11/23”