Elliott Wave Analysis of India’s Sensex BSE Index
Posted on August 30, 2012 by Ramki Ramakrishnan When we know that we are in the midst of a complex correction, we should expect the unexpected! India’s stock indices are a clear example. I have posted...
View ArticleTriple US Equity Index Uptrend and Target Checkup
As we start 2013 with the news that the so-called “Fiscal Cliff” is solved (or at least averted), let’s turn our attention to the Dow Jones, S&P 500, and NASDAQ charts to note current uptrend...
View ArticleTriple Index Checkup Filling Out Trading Range
A quick intraday glance at the US Equity Indexes reveals a sideways consolidation pattern with clear range boundaries that form the structure for short-term traders. Let’s take a look at the Dow...
View ArticleApril 17 Triple Index Checkup on Sudden Shift in Market Structure
Let’s take a quick check of our ongoing view of Market Structure, which we last updated in our April 10 “Interesting Breakout Structure” update. We can now see the resolution of the “interesting”...
View ArticleQuick Fibonacci Retracement Update for Gold and US Dollar Index
Toward the end of last week, Gold and the US Dollar Index developed a short-term trading range or “support shelf” between the 38.2% visual Fibonacci Retracement reference level. Let’s take a quick...
View ArticleFour US Equity Index Support and Fibonacci Target Planning Update
As a follow-up to Wednesday’s similar “Daily Chart Support Target” post, let’s update the four US Equity Indexes on the Daily Chart to highlight the immediate inflection or key support zone along with...
View ArticleFour US Equity Index Target Checkup on Support Breakdown
As traders, we’re often planning “IF/THEN” outcomes depending on whether price successfully supports and rallies up off a support area, or else fails by breaking support which opens a tradable move to...
View ArticleNew Weekly Structure and Daily Fibonacci Support Update for India Nifty 50 Index
Even if you’re not a follower of India’s stock market (charted here as the “Nifty 50″ Index), the market is forming a very interesting weekly chart structural pattern and challenging a Daily Fibonacci...
View ArticleAugust Trendlines for the US Dollar Index
Here’s a quick update regarding the conflicting trendlines for the US Dollar Index along with a weekly trendline which may be standing in the way of a daily “Broadening Formation” pattern that’s been...
View ArticleDaily Breakdown and Weekly Support for US Dollar Index after the Fed
True to expectation, an outcome of “No Taper” from the Federal Reserve sent the US Dollar Index breaking a critical support level on the charts. Let’s take a look at the Daily Breakdown into a Weekly...
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