Recent Analysis 

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  MCD (MCDONALDS)

  August 24, 2017
  Its showing a large negative divergence on this stock, since the last update its pushed higher as I expected, we can now count 5 waves from the Oct 2016 lows. …Read More
• 

  MA (MASTERCARD)

  August 24, 2017
  Its been a while since I looked at this stock, clearly the prior idea that wave 5 was close to if not ending was wrong, although a lot has changed …Read More
• 

  BROADCOM (AVGO)

  August 24, 2017
  For those members that have access to the options market this could be a decent setup to sell soon. its made a minor new high, so we have the minimum …Read More
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  SPX & NDX SHORT TERM

  August 24, 2017
  If the markets can gap down today, or we see a strong break of 5800NDX and 2430SPX, then It will strongly favor wave iii of [iii] is in progress. Because …Read More
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  CHAT SESSION/WEBINAR

  August 24, 2017
  If you have any stocks or markets you want me to look at and discuss, then please join me at 10am EST for around 45-60 min Please only give me …Read More
• 

  CRUDE OIL SHORT TERM

  August 24, 2017
  With the break of 48.42 it tends to support further upside above 48.91, however because of the lack of an impulsive advance I am still going to give the current …Read More
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  NQ SHORT TERM

  August 24, 2017
  The NQ has not declined as much as the ES, but if it can hold below yesterdays high at 5884, then I can make a decent case for seeing a …Read More
• 

  ES SHORT TERM

  August 24, 2017
  Ideally it now stay below 2454ES and we see a strong break of 2530ES, an impulsive move below 2430ES would support a move lower for wave iii of [iii]. So …Read More

Recent Blog Posts

Elliott Wave Analysis of Wynn Resorts (WYNN)

August 18, 2017

A minor new high potentially ends a larger C wave of a zigzag correction, if you hold this stock you may want to consider taking profits or at least lifting...  Read More

Elliott Wave Analysis of Morgan Stanley (MS) (Update)

August 15, 2017

Back in Feb 2017 I was looking for a little more upside to end wave 3 and then a pullback for wave 4, followed by new highs for wave 5....  Read More

Elliott Wave Analysis of Priceline (PCLN)

August 9, 2017

The move from the 2016 lows can now be counted as the end to an impulse wave (5 wave advance) although to be fair, there is a way to label...  Read More

Elliott Wave Analysis of Fedex Corp (FDX)

July 18, 2017

The move from the lows at 182.92 (Apr 2017) could have ended a 5 wave advance to end an impulse wave for wave 5 of [5]. If the recent highs hold...  Read More

Elliott Wave Analysis of Applied Materials Inc (AMAT)

July 12, 2017

The recent melt up on some tech stocks is impressive to say the least, one such stock I have been tracking is AMAT, if you own this stock this I...  Read More

Elliott Wave Analysis of Lowes (LOW)

June 7, 2017

The strong monthly reversal from the measured move target I think can strongly suggests a peak is likely place for wave [5], staying below 85.00 favors more weakness. If you...  Read More

Elliott Wave Analysis of CSX Corp (CSX)

June 1, 2017

Another “Trump phenomenon”  stock that has enjoyed the benefit of the new administration policies, although it will yet to be seen if any of the policies will be fully enacted....  Read More

Elliott Wave Analysis of Roper Technologies (ROP)

May 31, 2017

This stock has been on one serious tear recently, seriously one impressive rally, however I do think its time for a breather and a pullback. I am working the idea...  Read More