Elliott Wave Theorist, FREE until Mar-21

In response to the dramatic selloff in recent days, Elliott Wave International has released a free issue of Robert Prechter's Elliott Wave Theorist. EWI says:

"It includes more of Robert Prechter's experience than you’ll ever read in a single issue -- all 30-plus years of it. What matters is that he uses his experience at a moment when it can do the most good, namely when investors are most vulnerable. This is a unique opportunity for you to see what Prechter’s subscribers see. Don't miss out! This free issue is only available through March 21."


Click here for download page.

(EWI) FOREX FreeWeek!

Our friends at Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services -- at ZERO cost to you.

You can access all the intraday, daily, weekly and monthly forecasts from EWI's Currency Specialty Service right now through noon Eastern time Thursday, Nov. 18. This service is valued at $494/month, but you can get it free for one week only!

With Stock & Currency markets poised at crucial junctures, I trust you will benefit from their view points. Click here to access these resources. All the best!

EWI Free Week for Asian & European Markets!

Hello folks,

Elliott Wave International has just announced the beginning of their wildly popular FreeWeek event.

You can access(for FREE) EWI's short-term analysis of Asian-Pacific (such as China, India, Hong Kong, Singapore, Japan, Taiwan, Gold) and European markets from EWI's Short Term Update services right now until noon Eastern time Friday, Sept. 10.

I trust you will benefit from this analysis. Remember, it is a limited time offer.

You can click here, or on the banner above to access the content. (You may have to sign up for a free club member id, if you haven't done so already)

Enjoy!

S&P500 short-term: On the Verge

Last post on the SPX discussed the bullish and bearish views, and suggested a break of the downtrendline as an indication of the former. With the bullish price action last session(although on relatively low volume), SPX is on the verge of an upside breakout.

Multiple Obstacles at 1105

Price has broken above the red downtrendline from the May high, and facing multiple obstacles at present - the 20 & 200 day moving averages, green & blue downtrendlines and historical resistance at 1105. Price may go sideways for a bit more before breaking out to the upside.

Upside Breakout

A convincing upside breakout(above 1105) technically can go all the way up to the 1220 high. However, potential roadblocks exist at 1130, 1150 & 1172 enroute.

An unlikely breakdown has initial support around 1060. I have changed the labelling to mark the end of wave A at 1010, expecting a complex correction of sorts to bottom before the year end.

Meanwhile, SSEC as usual leading the world towards a bottom for the medium-term. All the best!

EWI Free Week

If equities are not working out for you, the Energy markets offer a lot of opportunity with their volatile swings. If you are interested in the movements of Crude Oil, Natural Gas and their derivatives, or their ETFs you may find EWI intraday, daily and historical charts very useful! The good folks at Elliott Wave International are offering a Free Week.

The analysis is free, but only until Jul 28th. I especially like the super long term chart & wave strucure of Crude Oil dating back to 1859! Click here to access these resources. Enjoy!