The VLE slightly undercut the high of the first 5 wave set off the 2002 low. Continue reading
Value Line Arithmetic (VLE) at Critical Point
October 3rd, 2008 2 Comments
Tags: A-B-C Correction · Value Line Arithmetic Index (VLE)
SP500 Index Roadmap
October 3rd, 2008 3 Comments
A dynamic chart (updated weekly) of the waves and cycles in the SP500 (SPX) that I’ve been watching for a number of years. Continue reading
Tags: Elliott Wave Analysis · Market Cycles · Roadmap · Standard and Poor's 500 (S&P500)
Energy At Natural Support
October 3rd, 2008 No Comments
The Energy ETF (XLE) is following the 8×1 Gann angle down but has hit the 1×2 ascending angle. This often provides support for a few weeks. A move back to the 1×1 descending is not out of the question. Continue reading
Tags: Energy