the ELLIOTT WAVE lives on

Wednesday update

Wednesday update

SHORT TERM: small pullback so far, DOW +33 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.3%. US index futures were lower overnight, and the market opened 5 points below yesterday’s SPX 2365 close. In the opening minutes the market dropped to SPX 2358, then tried to rally. At 10am existing home […]

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Tuesday update

Tuesday update

SHORT TERM: new highs start week, DOW +119 Over the extended weekend Asian markets gained 0.2%. Europe opened higher today and gained 0.5%. US index futures were higher into this morning. The market opened 6 points above Friday’s SPX 2351 close, and continued to rally. Just past 10:30 the SPX hit 2366 and then began […]

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Swarm A.I. quick update

Swarm A.I. quick update

Today at 5pm eastern time we are having our third financial asset market Swarm in our ongoing scientific study. For those that participated in last week’s swarm – please join us again. If you did not participate and would like to, please follow the instructions in the second paragraph of this link: https://caldaro.wordpress.com/2017/02/05/swarm-intelligence/. Please fill out this […]

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weekend update

weekend update

REVIEW The market started the week at SPX 2316. After a gap up opening on Monday the market traded to SPX 2351 by Wednesday. Then after a pullback to SPX 2339 on Thursday, the market rallied to end the week at SPX 2351. For the week the SPX/DOW gained 1.65%, and the NDX/NAZ gained 1.85%. […]

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Friday update

Friday update

SHORT TERM: pullback then new high close, DOW +4 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.1% as well. US index futures were lower overnight, and the market gapped down at the open to SPX 2340. The SPX had close at 2347 yesterday. Right after the open the market tried to […]

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Thursday update

Thursday update

SHORT TERM: flat open – then pullback, DOW +8 Overnight the Asian markets gained 0.2%. Europe opened higher but lost 0.4%. US index futures were relatively flat overnight. At 8:30 housing starts were reported higher: 1246K v 1226K, building permits were reported higher: 1285K v 1210K, weekly jobless claims were reported higher: 239K v 234K, and […]

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Wednesday update

Wednesday update

SHORT TERM: lower open then new highs, DOW +107 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.4%. US index futures were flat to lower overnight. At 8:30 the CPI was reported higher: 0.6% v 0.3%, the NY FED was reported higher 18.7 v 6.5, and retail sales were reported higher: 0.4% […]

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Tuesday update

Tuesday update

SHORT TERM: lower open then new highs, DOW +92 Overnight the Asian markets lost 0.4%. Europe opened lower and finished mixed. US index futures were flat to lower overnight, and at 8:30 the PPI was reported higher: 0.6% v 0.3%. The market opened 3 points below yesterday’s SPX 2328 close, ticked up to 2328, then […]

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quick update: Swarm A. I.

quick update: Swarm A. I.

Today at 5pm eastern time we are having our second financial asset market Swarm in our ongoing scientific study. For those that participated in last week’s first swarm – please join us again. The room size has been doubled to accommodate everyone. If you did not participate and would like to, please follow the instructions in […]

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Monday update

Monday update

SHORT TERM: gap up opening, DOW +143 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.8%. US index futures were higher overnight. The market gapped up at the open to SPX 2323, and continued to rise. The SPX had closed at 2316 on Friday. With 2-point pullbacks along the way the market rose […]

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weekend update

weekend update

REVIEW The market started the week at SPX 2297. After a pullback to SPX 2289 on Monday, the market rallied to SPX 2299 on Tuesday. Wednesday’s pullback took the SPX to 2285. Then the market rallied to all-time new highs on Thursday/Friday. For the week the SPX/DOW gained 0.90%, and the NDX/NAZ gained 1.25%. Economic […]

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Friday update

Friday update

SHORT TERM: rally continues, DOW +97 Overnight the Asian markets gained 1.0%. Europe opened higher and gained 0.2%. US index futures were higher overnight, and at 8:30 export (0.1% v 0.4%)/import (-0.2% v -0.2%) prices were reported mixed. The market opened 5 points above yesterday’s SPX 2308 record close, bounced around a bit, then started to move higher. […]

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Thursday update

Thursday update

SHORT TERM: higher open – new all-time highs, DOW +118 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.9%. US index futures were higher overnight, and at 8:30 weekly jobless claims were reported lower: 234K v 246K. The market opened 3 points above yesterday’s SPX 2295 close, and tried to continue to rise. At 10am […]

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Wednesday update

Wednesday update

SHORT TERM: lower open then rebound, DOW -36 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.1%. US index futures were lower overnight, and the market opened 6 points below yesterday’s SPX 2293 close. In the opening minutes the SPX ticked down to 2285, and then began to rebound. Around 11am the […]

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Tuesday update

Tuesday update

SHORT TERM: higher open minor gains, DOW +38 Overnight the Asian markets lost 0.3%. Europe opened higher but finished mixed. US index futures were higher overnight, and at 8:30 the trade deficit was reported lower: -$44.3B v -$45.2B. The market opened 4 points above yesterday’s SPX 2293 close, ticked up to 2299, and then started […]

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Monday update

Monday update

SHORT TERM: consolidation pullback, DOW -19 Overnight the Asian markets gained 0.7%. Europe opened lower and lost 0.8%. US index futures were lower overnight, and the market opened 5 points below Friday’s SPX 2297 close. The market then bounced to SPX 2296 by 10:30 before heading lower. At 1:30 the market hit SPX 2289, then […]

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Swarm Intelligence

Swarm Intelligence

What is Swarm Intelligence? How does it work? About three weeks ago we created a Swarm at UNU for OEW students. Since then we have had six scheduled sessions where all students could participate. The results have been encouraging. Naturally, as with any new technology and an international group, there has been some skepticism and scheduling problems, resulting in […]

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weekend update

weekend update

REVIEW The week started at SPX 2295. After a gap down opening Monday the market traded down to SPX 2267 on Tuesday. Then Wednesday’s opening was a gap up, followed by a pullback, then another gap up opening on Friday ending the week at SPX 2297. For the week the SPX/DOW were mixed, and the NDX/NAZ […]

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OEW tutoring

OEW tutoring

All markets are driven by long term investor psychology cycles. When the cycle is positive a bull market unfolds, when negative a bear market. The Objective Elliott Wave (OEW) technique not only determines if a market is bullish or bearish, it also determines how far a market has progressed in its current cycle. OEW is […]

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Friday update

Friday update

SHORT TERM: gap up opening, DOW +187 Overnight the Asian markets were mixed. Europe opened higher and gained 0.6%. US index futures were higher overnight, and at 8:30 monthly payrolls were reported higher: 227K v 156K. The market gapped up at the open to SPX 2291 and continued to rally. The SPX had closed at […]

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