Elliott Wave Training

Are you looking to learn the Elliott Wave principle? Or maybe you already have some experience and want to find the ways to improve your skills better.

Click on this post for details:

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-training.html



Showing posts with label GS. Show all posts
Showing posts with label GS. Show all posts

Thursday, December 20, 2012

Market Report: Using Goldman and JP Morgan to Predict Turning Points

Goldman (GS)

A couple of stocks I like to follow are GS and JPM to forecast pivot turning points in the US stock markets, particularly the SPX.

You can see how JPM and GS appear to be tracking the SPX well and that it's my belief that if we can track potential Elliott Wave counts in both Goldman and JPM, we can find an edge to the US markets and use that information to forecast major peaks and turns in the US stock markets.

If you overlay SPX, GS and JPM with each other, there is a clear bonding between the 3 markets.


SPX versus GS and JPM

Read the rest at : http://www.safehaven.com/article/28134/market-report-using-goldman-and-jp-morgan-to-predict-turning-points

Sunday, July 8, 2012

Elliott Wave Analysis of GS (Goldman Sachs)



Its been a while since i updated some of the stocks i follow, but this one really came up good, although i don't update them much on the blogsite, i do update them on the main site.

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-analysis-of-gs-goldman.html

I tend to use the big stocks as a proxy for the main markets, and this still looks like it needs a 5th wave and eventually see its $85 target

Saturday, April 7, 2012

Elliott Wave Analysis of GS (Goldman Sachs)


Looks like we have finished the upside in Goldman and potentially finished the move from the Oct 2011 lows, we should be in a strong break lower, with the way the markets have gapped down its probably near the end of wave [iii]

Price target $85, stay short under $123