Senior Analyst Jeffrey Kennedy shares techniques that helped spot a trading opportunity. By Elliott Wave International If you use Elliott in your technical analysis, you may already use Fibonacci ratios to determine targets and retracement levels in your charts. But have you heard of “Fibonacci Clusters?” Elliott Wave Junctures editor Jeffrey Kennedy shares his charts […]
Three Investment Sectors Ripe for Speculation in 2013
With sovereign economies around the world still trying to find their footing after the global financial crisis of 2008, investors are looking at industries and investment sectors that will present opportunities for speculation and profit in 2013. Although the economy of the United States is far from a full recovery, Wall Street has reacted positively to […]
Gold to Enter 5th Wave- Up, Up, Up
Editor’s Note: Many people have been wondering what’s up with Gold. Why has it been performing so poorly over the last year? Well, In today’s article David Banister explains what has been happening in terms of Elliott waves and gives us a good explaination of where it will be heading over the next year or so. […]
Gold Cycles Will Soon Forecast Where Prices Are Headed
by Chris Vermeulen Gold and stock market forecasters have been using cycles in price that repeat every certain amount of trading days to help them spot key reversal areas in the financial market. Almost everything in life seems to go in cycles and commodity prices and the stock market are no different. As we all […]
Gold the Ultimate Hedge Against Uncertainty
Back in 2002 Gold was a hated asset. No one wanted it. Even though the tech wreck and dot-com bubble had burst no one wanted Gold. As I’ve said many times Gold is a crisis hedge more than an inflation hedge. And it is a good barometer for the fear of financial catastrophe. Contrarian newsletter […]
Trading the GDX Fibonacci Butterfly
There is a great deal of interest in trading Gold these days. And many different ways to do it. One method is using the Market Vectors Gold Miners ETF, symbol $GDX. Of course once you decide on the medium you still need a method of determining entry and exit points. In today’s article JW Jones […]
Gold Elliott Wave- How Long and How High?
In today’s editorial, David Banister takes a look at Gold and where it could be going. He provides an excellent possible scenario that matches with my views and experience exactly. He is projecting a rally to the $1500 range with a pull back from there and a major take-off for the final wave to the […]