Quantcast

The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

Elliott Waves

Trading > Amateur Investors

Updated Elliott Wave Analysis for the S&P 500

Bob Kleyla | Mon, 03/02/2009 - 12:43pm | Amateur Investors, Elliott Waves, Retracement Levels, S&P 500, Trend Lines |  7 comments

For those that follow Elliott Wave Theory the S&P 500 is now exhibiting the final 5th Wave down of a longer term pattern that began with the October 2007 high.   By definition the length of Wave 1 can equal the length of Wave 5.  Wave 1 had a length of 319 points so if you ... Read more

Trading > Amateur Investors

Elliott Wave Analysis for the S&P 500

Bob Kleyla | Sat, 12/13/2008 - 10:32pm | Amateur Investors, Elliott Waves, Retracement Levels, S&P 500 |  9 comments

The S&P 500 has completed "2" Elliott 5 Wave patterns to the downside after peaking in October of 2007.  The first 5 Wave pattern ended in March which was followed by a 2 month rally in the S&P 500 which gained 14.6%.  After the oversold rally ended in late May the ... Read more

Trading > Amateur Investors

Is Crude Oil nearing a Bottom?

Bob Kleyla | Mon, 12/08/2008 - 5:20am | Amateur Investors, crude oil, Elliott Waves, Retracement Levels |  2 comments

The price of Crude Oil completed an Elliott 5 Wave pattern which began with the low in late 1998 and ended with the peak in July of 2008.  Meanwhile the price of Crude Oil has now dropped back to its longer term 78.6% Retracement Level near the $40 level which could act as support.& ... Read more