QQQQ Elliott Wave Chart

Here is an Elliott Wave Chart with counts that I drew over a month ago . . .
it looks to be coming to fruition . . .
QQQQ needs to continue South for a while now:

.
Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis
By Elliott Wave International

How a Kid With a Ruler Can Make a Million

A Lesson in Drawing and Using Trendlines
September 24, 2009
The following article is adapted from a brand-new 50-page ebook from Elliott Wave International. Learn more about The Ultimate Technical Analysis Handbook, and download your free copy here.
By Jeffrey Kennedy
When I began my career as an analyst, I was lucky enough [...]

Important Earnings Reports

Sometimes Earnings Reports not only tell us how a specific company is doing lately, but can give us insight into how a complete sector is doing or how the entire economy might be affected.
This week we have some such Earnings Reports being released:
CAG .. Tuesday, 22-Sep-09 BMO … ConAgra and
GIS .. Wednesday, 23-Sep-09 BMO … [...]

QQQQ and SPX Long-Term Views

In order to see where the Stock Market may go next, I like to step back and look at a Longer-Term View by using Monthly Charts:
1 – using some Moving Averages (14/18), you can judge the overall Strength of the current Market by seeing Price relationship with a Historical perspective . . . although she [...]

US-Dollar vs SPX vs QQQQ

The Markets sure have been moving Up lately . . very quickly . . . and on Decreasing Volume .. ever since March-2009 . . . AND, with bad economic news coming out every week!
We ask ourselves, why?!? . . . especially those who keep Shorting the Market trying to catch the next swing Down [...]

SPX Head & Shoulders . . .

Today’s Lesson will focus on the Head & Shoulders pattern and we’ll look at the S&P-500 Chart and use Head & Shoulders (H&S) Analysis to predict the near future in SPX.
First of all, the term “Head and Shoulders” is used to describe a chart formation in which a stock’s price:

Rises to a peak and subsequently [...]

Gold and Silver

By having the long-term history available in all of the major markets, the ratios between those markets provide us with important reference points, alerting us to situations when one asset or market is overvalued or undervalued relative to another. On a macro level, this can result in a determination that raw commodities will provide a [...]