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  • Gold Elliott Wave Analysis: Market Could Continue Up In Wave E  [View instapost]
    Market is in downtrend. As per Elliott Wave patterns it is now on 4th wave, which seems a triangle. So gold may go up to complete e wave. For details check this video: http://bit.ly/1kEATcV
    Jun 15, 2014. 09:16 PM | Likes Like |Link to Comment
  • Elliott Wave Review On GOLD And OIL  [View instapost]
    Gold has turned down from 1345 resistance area where we see a completed five wave rise from 1251 level, which was the end point of a triangle. There are chances that market accomplished wave (c) that is a part of a huge zigzag from 1181 low. Notice that price also moved beneath 1251-1307 trendline that suggests further weakness in the short-term, probably back to 1307 area of a former wave iv).
    Feb 27, 2014. 10:11 AM | Likes Like |Link to Comment
  • The S&P 500-Aussie Dollar Correlation And Fractal Geometry [View article]
    Hello again,

    seems that Aussie now caught some of the S&P moves in the past three sessions or so, when S&P found the support at 1390... Aussie may find more buyers now.. here is the overlay chart I am looking at http://bit.ly/xMpxi7
    Mar 16, 2012. 04:04 AM | Likes Like |Link to Comment
  • The S&P 500-Aussie Dollar Correlation And Fractal Geometry [View article]
    Hey! Nice article.

    To me this reaction reminds on moves from Dec 2009, when NFP numbers were very good. Even now, this negative correlation between Aussie and stocks is from Fridays NFP and not Tuedays FOMC

    http://bit.ly/xaL6gy

    Cheers!

    Grega
    Mar 15, 2012. 05:20 AM | Likes Like |Link to Comment
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