B wave

DJIA: Proceed with Caution

December 14, 2023 by GupEE

The previous primary count for the DJIA is invalidated. It's hard to believe but the market continues to advance on a narrow list of stocks. There is not a way label an analytically pleasing 5 wave move from the October 2022 low. Therefore, the next count remains corrective. Elliott described B waves as phonies, orgies of odd lotter mentality, rarely technically strong, and … [Read more...] about DJIA: Proceed with Caution

Copper Futures are Bright

There are multiple degrees of trend here at play for Copper. The first thing I look for for a trading opportunity is corrective behavior into an … [Read More...] about Copper Futures are Bright

Coffee is Ready to Take a Ride

Like FOREX pairs, commodities are often very long to correct and have blow off tops. While I'm not certain on the long term count, I can isolated a … [Read More...] about Coffee is Ready to Take a Ride

Silver Patience Will Pay Off

We've been patient for a long while with Silver. The consolidation has taken four years, what's another couple months? When practicing as an … [Read More...] about Silver Patience Will Pay Off

Long Term Bonds Have Arrived

There has been some discussion in the chat recently regarding long term U.S. Treasury Bonds. As part of the Chart Wizard Trading service, I personally … [Read More...] about Long Term Bonds Have Arrived

A 50% Trading Opportunity for Solana

The reaction down from the medium term high at $126.39 subdivides as a double zigzag. Giving confidence that it was a corrective move and not motive. … [Read More...] about A 50% Trading Opportunity for Solana

DJIA: Proceed with Caution

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