The SP500 Index made five waves from the October high to the March low. My guess has been that we have been in an a-b-c correction the will eventually move down into October. The question now is how high do we go before starting back down again? Continue reading
SPX Elliott Wave Guess
August 13th, 2008 6 Comments
Tags: A-B-C Correction · Elliott Wave Analysis · Standard and Poor's 500 (S&P500)
Agriculture Stock Near the 1:2 Gann Angle
August 13th, 2008 No Comments
The Powershares DB Multi-Sector Commodity Trust Agriculture Fund (DBA) is nearing the 1:2 ascending Gann angle at the 50% price retrace. The Ag stocks have been under pressure for several weeks and are setup to bounce from here. Continue reading
Tags: A-B-C Correction · Gann Angle Fan · Price Retrace