'On last Thursday, Kuroda met with Prime Minister Shinzo Abe and assured him that he would do more if needed, especially if the BOJ is still failing to meet its 2 percent inflation target. "Should conditions emerge where the target becomes difficult to meet, we are ready to make without hesitation adjustments to policy, additional easing or whatever," Kuroda told...
And the question is simple: Wave 2011 - 2012 / our wave 'Xa' / is a impulse or three? Seemingly easy. Anyway ... who knows the answer - is a rich man. www.elliottwave.com
Yesterday's market capitalization is $41.6B. Was this valuation takes into account the Alibaba IPO? I do not think so. Yahoo to reap $ 8B and then, what the market will do? In the chart, we see the Cup with Handle. This is a continuation pattern. Minimum of this movement is a level $50. The rest is in the hands of Jack Ma. www.bloomberg.com
Elliott Wave Principle defines us above all direction. Chart above shows alternate descriptions waves than the $QQQ chart / /. But the direction is the same. Before us Alibaba IPO, option expiration week, FOMC meeting, the end of the quarter. These events will uphold the market. And besides - a symmetrical triangle it's perfect example of wave 4. thepatternsite.com
Well ... on the one hand, it is still just a correction - but on the other hand ... the movement from the top in June, looks increasingly like a impulse. Inverse Head & Shoulders and Three Rising Valleys - no confirmation - but still in game. What's next? We had breakout from consolidation - range: $413. Fib 0.786 wave 'A' is at the same level . And there I...
Ok - a few questions: direction? NORTH; wave? Cycle III; range? $ 112; what in the coming weeks? Alibaba IPO. It's basically everything. Cheap money results in an increase on the indices. We are waiting for a correction. www.cnbc.com www.alibaba.com
A chart says a thousand words. This is my last. Time for a vacation. See you in September. thepatternsite.com www.elliottwave.com
Why do I ask? On the chart, we see how both parties / black and white / block each other's movements. What will be the result? Just like in chess - we play to the end .... I know there is boring - but the old proverb says: 'Do not close the position at a boring market'! To sum up: on the daily we have a symmetrical triangle consolidation, the Head & Shoulder...
Continuation of consolidation. MA100, Lead 2 and middle of the clone - as support. We have new bullish pattern : The Pipe Bottom: thepatternsite.com Head & Shoulder and Three Rising Valleys - still no confirmation. One thing is sure - it will be very interesting and important week. Good luck!!!
...143 years ago - on July 28, in Marysville / Kansas / was born Ralph Nelson Elliott - author, creator, discoverer 'Wave Principle" - main theory in the field of technical analysis. Genius. The man who to this day constantly to amaze the world. knowledgebase.mta.org The chart above - this is my version of American history and attempt to reconcile the Elliott...
What do you know about the effect El Nino? Did you know that there is also the La Nina? El Nino and La Nina are opposite phases of what is known as the El Nino-Southern Oscillation (ENSO) cycle. The ENSO cycle is a scientific term that describes the fluctuations in temperature between the ocean and atmosphere in the east-central Equatorial Pacific. La Nina is...
Hi everyone. Today on white - for the transparency. Price stopped in front of a zone of strong resistances. So we have consolidation. The consolidation of the symmetrical triangle. This is a continuation pattern. We are waiting for breakout. DMI indicates lateral trend. The Kumo as support. Bullish channel still valid. Inverse Head & Shoulders - no confirmation....
Defense - it was a good work! Unfortunately - this is not the end of the fight. In the next week - bulls must confirm dominant on the market. Perhaps Three Rising Valleys pattern will help them. Bullish Channel is still valid. Inverse Head & Shoulders - waiting for confirmation. Watch out for the triangle. Good luck! thepatternsite.com
The situation clear and obvious. The German index goes step by step behind U.S. indices. I have nothing here to do. Chile beats Spain ...Janet beats bears - black week.... thepatternsite.com www.cbssports.com
Attack is the secret of defense; defense is the planning of an attack /Sun Tzu, The Art of War /. Next week will decide. In addition this is the option expiration week. Everything is possible. MA100, the Kumo & lower line of channel as support. If the defense will be successful - the level of 1000 in the range of motion. www.cboe.com
From 12 June to 13 July, in Brazil, teams from around the world the twentieth time will fight for the title best of the best. Are you interested in football? Play with me - my predictions: www.bloomberg.com Apart from sports World Cup is also a good indicator. In the past, during the World Cup in 85% of cases have occurred turning points / bottoms in red, tops...
What can I write here? Everything is clear. Cheap money from the ECB and the FED doing his. Local correction and return to the growth. Good luck!
Still bullish. The Leading Diagonal is dead, long live the Bullish Channel! I thought will make it more peaceful - and we have an aggressive approach. MA100 & Kumo as support. Inverse head and shoulders - under construction. Good luck! www.forex-tribe.com www.investopedia.com