tomj2417

tomj2417 Updated 

This index seems to respecting this Schiff pitchfork and it's yearly pivots. Uptrend to resume?

tomj2417 Updated 

If I am right on this count then that was an extended 5th wave down which could suggest that any rally might be a good one. At the moment, I am going with my red count as I think the uptrend that started back in 2016 may be over and oil (along with many other commodities) may be resuming it's downward trajectory. The blue count suggests that it may still have...

tomj2417 Updated 

Of course a top could have been reached already but I reckon Apple may have one more decent leg up before any serious correction.

tomj2417 Updated 

This count would suggest that while we can expect a decent correction in the short to medium term the trend upwards for world equities is still intact.

tomj2417

This count for this GBP priced Nasdaq 100 etf could suggest there may be more downside for the Nasdaq going forward (wave 4 of preceding degree might be a target).

tomj2417

I would need to see price break below 0.8621 to have much confidence in this count but there are a few points that give it some hope, primarily the equality of waves i and ii and the fact the extended 5th wave is double waves i and ii. With all the Brexit doom and gloom though and plausible alternative counts that are bullish the Euro, this would be a brave...

tomj2417 Updated 

I think that this correction has further to go but this count would suggest that there is still plenty of upside in Emerging markets going forward.

tomj2417 Updated 

Despite it's excellent gains of the last year I still reckon that there may be further room to run for this ETF.

tomj2417

For me, one of the difficulties with any attempts at technical analysis is factoring in your mood when looking at a chart. Bad mood = bearish count, good mood = bullish count. I guess I woke up a bit grumpy this morning as this count for commodities is about as bearish as they come. If, and that really is a big if, this count has any merits does it also mean that...

tomj2417

Yet another bullish take on a US sector but this time I have included a bearish alternative in the red count. I prefer the blue count.

tomj2417

Another US sector chart that could be seeing a bullish 5th wave going forward. The scary thing about these counts is that perhaps they are a little too obvious!

tomj2417

Another US sector chart with the possibility of a 5th wave just starting.

tomj2417

Another US sector chart fitting the mold for a 5th wave up. Bouncing nicely between it's yearly R1/S1 pivots.

tomj2417

US materials set to rise in a 5th wave according to this count. This is a LSE based etf that is priced in GBP. Interesting to me how the Elliott Wave count factors in the currency fluctuations.

tomj2417

Lots of chatter about Uranium being at the start of a new bull market but this count would suggest that there may in fact be another leg down. I reckon that at the moment we could be seeing the final up leg of a 4th wave correction in a C wave to be followed by a 5th wave down to new lows.

tomj2417

Plenty of chatter about the possibility of Uranium and related stocks starting to climb after years in a bear market. Trying to work out this long term correction was all but impossible for me and I'm not that convinced by my count. However this count suggests that the bear market is not over and reckon that the present uptrend may be just a 4th wave correction...

tomj2417 Updated 

A somewhat fanciful count for oil here but who knows.....? It could just as easily topped out in July at 75$ but here's a bullish count anyway. There is a bit of confluence on my projected top and I reckon I can count 5 waves up since my wave (iv) low. As ever, time will be the reveal all.

tomj2417

Another UK listed etf which I reckon might be showing signs of another leg higher. A bit too early for me but am watching these closely for any confirmation.