Select Page

DJIA Elliott Wave Analysis – 4th May, 2012

Movement to a new high above 13,297.11 invalidated the main wave count and confirmed the alternate. I have two wave counts for next week. We have a confirmation / invalidation point to the downside which clearly differentiates the two wave counts. Movement below this...

DJIA Elliott Wave Analysis – 20th April, 2012

I had expected downwards movement for the Dow as most likely for this week. This is not what we have seen, but upwards movement looks strongly corrective and price remains below the invalidation point on our main wave count. If my main wave count is correct then next...

DJIA Elliott Wave Analysis – 13th April, 2012

Downwards movement during the last week breached our invalidation point on the main wave count, but it was expected for our alternate. I have a new main wave count for you to end the week. The alternate is little changed and remains valid. When the channel on the...

DJIA Elliott Wave Analysis – 5th April, 2012

The Dow has moved sideways since our last analysis.  The alternate hourly wave count that expected a trend change has been invalidated leaving the main hourly wave count valid. We only have one hourly wave count today and if it is invalidated then we would switch to...

DJIA Elliott Wave Analysis – 14th March, 2012

Elliott Wave chart analysis for the DJIA for 14th March, 2012. Please click on the charts below to enlarge. This main daily wave count sees wave (B) black as a double zigzag correction. With the new high set on the 13th is was clear that we have not seen a trend...

DJIA Elliott Wave Analysis – 6th March, 2012

Elliott Wave chart analysis for the DJIA for 6th March, 2012. Please click on the charts below to enlarge. This main daily wave count sees wave (B) black as complete and having unfolded as a double zigzag correction at blue degree with waves W, X and Y blue complete....