stock indices ~ p i. · » elliott wave misconceptions 1 ... 3rd wave of the post-financial-crisis...
TRANSCRIPT
In This Edition » ............................................. page 1STOCK INDICES - Part I » . .............................. page 3Risk Disclosure » ............................................. page 4Shock - Pop - Drop » ........................................ page 5Flat Expanding - Shock - Pop - Drop » ......... page 6Zig Zag - Single vs. Impulse Exp. 5W » ...... page 7Copper - Weekly » ............................................ page 8S&P 500 » - Weekly .......................................... page 9E » llIOTT WavE MISCONCEPTIONS ....... page 10S&P 500 - Weekly » ........................................ page 11Nasdaq 100 - Monthly » ................................ page 12Dow Jones 30 - Quarterly » ..................... page 13-14S&P 500 - Yearly - Composite Cycle » ........ page 15SENTIMENT & ECONOMIC INDICaTORS » . page 16Equity Market Peak Survey » ...................... page 17volatility (S&P 500) Index - Monthly » ..... page 18NYSE advance-Decline - Daily » ............... page 19COT and S&P 500 Data » ............................. page 20aaII Bullish Sentiment - Monthly » ......... page 21US Consumer Sentiment Index » ................ page 22US Consumer Confidence Index » .............. page 23US Gross Domestic Product » ................ page 24-25Price to Book Ratio (S&P 500) Index » ....... page 26Price/Sales Ratio (S&P 500) Index » ........... page 27P/E Ratio CaPE (S&P 500) - Monthly » ..... page 28INFlaTION-POP » ......................................... page 29U.S. Consumer Sentiment Index » .............. page 30GRaND RE-SYNChRONOISaTION » ........ page 31Zig Zag - Single vs. Impulse Exp. 5W » ..... page 32S&P 500 | hang Seng | MSCI » ................ page 33STOCK INDICES ...continue... » ................... page 34S&P 500 - Weekly » ........................................ page 35
S&P 500 - Daily - Composite Cycle » .......... page 36S&P 500 - Daily » ....................................... page 37-39Dow Jones 30 - Weekly & Daily » ........ page 40-41Russell 2000 - Weekly & Daily » ............ page 42-43Nasdaq 100 - Weekly & Daily » ............. page 44-45S&P 400 Mid-Cap Index - Daily » ............... page 46PhlX - KBW Banking Index » .............. page 47-48XlK Technology SPDR - Monthly » ........... page 49NaSDaQ Biotechnology » .................... page 50-51XlF Financial SPDR - Weekly » ............. page 52-53XlP Consumer Staples - Weekly » .............. page 54XlY Consumer Disc. - Weekly » ........... page 55-56STOCK INDICES ...continue... » ................... page 57EuroStoxx 50 - Weekly, Daily & #2 » .... page 58-60Xetra Dax 30 - Weekly, Daily & #2 » ...... page 61-63FTSE 100 - Weekly & Daily » ................. page 64-65STOCK INDICES ...continue.. » .................... page 66MSCI Emerging Markets - Weekly » ......... page 67MSCI Emerging Markets - Daily » ............. page 68Bovespa Brasil - Daily » ................................ page 69Russia RTs » - Weekly ................................... page 70India Nifty 50 - Weekly » ............................. page 71Sensex - Weekly » .......................................... page 72MSCI China - Weekly » ................................ page 73Shanghai Composite Index - Weekly » ...... page 74hS-China Enterprises Index - Weekly » ... page 75MSCI hong Kong Index - Monthly » ......... page 76hang Seng - Monthly » ................................. page 77Singapore Straits Times Index - Monthly » page 78Taiwan SE Weighted Index - Weekly » ...... page 79aSX 200 australia - Weekly » ...................... page 80NiKKEi 225 » - Weekly ................................. page 81
TaBlE OF CONTENTS {click on TOC text!}
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STOCK INDICES ~ PaRT i.vIDEO UPDaTE!JuNE 2018(data through 19th June 2018)
ThE EllIOTT WavE PRINCIPlE
1WaveTrack Internatonal Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com
IN ThIS EDITION
TERMINal 3RD WavE IN FOCUS FOR REMaINDER OF 2018!We’re pleased to announce the publication of WaveTrack’s mid-year 2018 video updates of medium-term ELLIOTT WAVE price-forecasts. Today’s release is PART I, STOCK INDICES – Parts II & III will be published during the next month.
PART I - STOCK INDICES » PART II – COMMODITIES » PART III – CURRENCIES & INTEREST RATES »
DECEMBER ’17 FORECaSTS FOR 2018
The Annual 2018 report published last December highlighted several main points - the secular-bull uptrend remained in upward progress and contrary to consensus Elliott Wave and Economists’ opinion, was on course to continue higher over the next 18-month/2-year period – the post financial-crisis uptrend was approaching its terminal 3rd wave peak but would undergo a severe -7% per cent correction into January before resuming the last phase of its impulse sequence - Emerging Markets were set to continue their outperformance role but they too would undergo some significant retracement which leads the major indices lower in a period of underperformance - however, their ‘inflation-pop’ uptrends are strong and will recover afterwards. The banking sector was expected to underperform during the same period. Chinese indices were forecast approaching an interim peak having advanced over the last 2-year period – then stage a severe correction along with other EM’s. {continued next page}
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{continued}
EW-FORECaST REvIEW – h1 2018
Reflecting back to last December’s forecasts, we can report that most of the forecasts were realised within acceptable tolerance. The secular-bull uptrend has remained on course, the 3rd wave of the post-financial-crisis impulse uptrend has moved closer towards a terminal high but remains incomplete.
January did see an interim sell-off, but larger than our -7% per cent estimate with the benchmark S&P 500 dropping -11.8% per cent – this wasn’t the end of the secular-bull uptrend as consensus reports led us to believe with outperforming indices since trading to new record highs.
Emerging Markets have underperformed with the benchmark MSCI EM index falling -13.0% per cent so far this year.
The U.S. KBW Banking index has been down from its January peak by -12.2% per cent, underperforming the S&P by -8.0% percentage points whilst in Europe, the Eurostoxx Banks index is down from its January peak by a massive -23.8% per cent. China’s Shanghai Composite is down by -19.8% per cent.
WhaT NEXT h2 2018? – U.S. BENChMaRK INDICES
There’s a lot of bearish divergence in U.S. stock indices which alerts us to another up-coming downswing, extending the counter-trend corrective pattern that began declines from last January’s 2018 highs.
U.S. trade tariff policies are taking their toll and in this latest MID-YEaR 2018 vIDEO UPDaTE, we’re examining the current location of not only U.S. indices but how the pattern progress has unfolded for key EUROPEAN & ASIAN indices too. Will the current tariff plans explode into a full-blown trade war? Is such a possibility evident in the Elliott Wave charts?
EUROPEaN INDICES
Key European indices formed important highs last November (2017) which created bearish divergences when U.S. indices formed subsequent highs last January. Since then, overall declines are identified as corrective, counter-trend sequences within five wave impulse uptrends in progress from the Feb.’16 lows. BUT hOW FaR CaN ThESE DEClINES UNFOlD? WE INTEND TO FIND OUT!
EMERGING MaRKETS + aSIa - aUSTRalIa - JaPaN
Emerging Markets along with many benchmark commodity markets are unfolding into the ‘INFLATION-POP’ schematic first postulated in these reports back in year-2010. From an Elliott Wave perspective, the inflation-pop represents the second sequence of a multi-decennial expanding flat counter-trend pattern that is unfolding from the 2007/08 peaks that ended super-cycle uptrends. In this latest mid-year video, we take a look across EM’s, ASIA, Australia and Japan and answer why EM’s have been particularly hard hit this year and what to expect for the remainder of 2018.
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ThE EllIOTT WavE PRINCIPlE
2WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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Elliott Wave Video Forecast - Stock Indices - Part I.
EllIOTT WavE vIDEO FORECaST - STOCK INDICES - PaRT I.
ThE EllIOTT WavE PRINCIPlE
3WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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Risk Disclosure
RISK DISClOSURE
ThE EllIOTT WavE PRINCIPlE
4WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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Shock - Pop - Drop
ShOCK - POP - DROP
ThE EllIOTT WavE PRINCIPlE
5WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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fig 1 Flat Expanding - 3 Waves - Shock - Pop - Drop
FlaT EXPaNDING - 3 WavES - ShOCK - POP - DROP
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»ThE EllIOTT WavE PRINCIPlE
6WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 2 CRB CaSh InDEx - MOnThly
ZIG ZaG - SINGlE vS. IMPUlSE EXPaNDING 5 WavES - EMERGING MaRKETS & COMMODITIES vS. US STOCK INDICES
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»ThE EllIOTT WavE PRINCIPlE
7WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 3 ZIg Zag - SInglE VS. IMPulSE ExPanDIng 5 WaVES - EMERgIng MaRkETS & COMMODITIES VS. uS STOCk InDICES
COPPER - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
8WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 4 MSCI EMERgIng MaRkETS - WEEkly
S&P 500 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
9WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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DOW JOnES 30 - QuaRTERly- FORECaST 25Th nOVEMBER 2014!
EllIOTT WavE MISCONCEPTIONS & OBJECTIvE TRUThS
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»ThE EllIOTT WavE PRINCIPlE
10WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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S&P 500 - WEEKlY
FIg 5 IMPulSE ExPanDIng 5 WaVES PaTTERn ExTEnSIOn 5Th
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»ThE EllIOTT WavE PRINCIPlE
11WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 6 S&P 500 - WEEkly
NaSDaQ 100 - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
12WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 7 DOW JOnES 30 - QuaRTERly
DOW JONES 30 - QUaRTERlY
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»ThE EllIOTT WavE PRINCIPlE
13WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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DOW JONES 30 - QUaRTERlY
FIg 8 DOW JOnES 30 - QuaRTERly
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»ThE EllIOTT WavE PRINCIPlE
14WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 9 S&P 500 - yEaRly - COMPOSITE CyClE
S&P 500 - YEaRlY - COMPOSITE CYClE
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»ThE EllIOTT WavE PRINCIPlE
15WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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SEnTIMEnT & ECOnOMIC InDICaTORS
SENTIMENT & ECONOMIC INDICaTORS
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»ThE EllIOTT WavE PRINCIPlE
16WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 10 EQuITy MaRkET PEak SuRVEy
EQUITY MaRKET PEaK SURvEY
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»ThE EllIOTT WavE PRINCIPlE
17WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 11 VOlaTIlITy (S&P 500) InDEx - MOnThly
vOlaTIlITY (S&P 500) INDEX - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
18WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 12 nySE aDVanCE-DEClInE (CuMulaTIVE) - DaIly
NYSE aDvaNCE-DEClINE (CUMUlaTIvE) - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
19WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 13 COT anD S&P 500 DaTa - SPECulaTIVE nET POSITIOnS
COT aND S&P 500 DaTa - SPECUlaTIvE NET POSITIONS
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»ThE EllIOTT WavE PRINCIPlE
20WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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aaII BUllISh SENTIMENT - MONThlY
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FIg 14 aaII BullISh SEnTIMEnT - MOnThly
ThE EllIOTT WavE PRINCIPlE
21WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 15 uS COnSuMER SEnTIMEnT InDEx- MOnThly
US CONSUMER SENTIMENT INDEX- MONThlY
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»ThE EllIOTT WavE PRINCIPlE
22WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 16 uS COnSuMER COnFIDEnCE InDEx - MOnThly
US CONSUMER CONFIDENCE INDEX - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
23WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 17 uS gROSS DOMESTIC PRODuCT - QuaRTERly
US GROSS DOMESTIC PRODUCT - QUaRTERlY
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»ThE EllIOTT WavE PRINCIPlE
24WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 18 uS gROSS DOMESTIC PRODuCT - QuaRTERly
US GROSS DOMESTIC PRODUCT - QUaRTERlY
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»ThE EllIOTT WavE PRINCIPlE
25WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 19 PRICE TO BOOk RaTIO (S&P 500) InDEx - WEEkly
PRICE TO BOOK RaTIO (S&P 500) INDEX - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
26WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 20 PRICE/SalES RaTIO (S&P 500) InDEx - MOnThly
PRICE/SalES RaTIO (S&P 500) INDEX - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
27WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 21 P/E RaTIO CaPE (S&P 500) - MOnThly
P/E RaTIO CaPE (S&P 500) - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
28WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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InFlaTIOn-POP
INFlaTION-POP
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»ThE EllIOTT WavE PRINCIPlE
29WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 22 u.S. COnSuMER SEnTIMEnT InDEx - MOnThly
U.S. CONSUMER SENTIMENT INDEX - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
30WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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gRanD RE-SynChROnOISaTIOn
GRaND RE-SYNChRONOISaTION
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»ThE EllIOTT WavE PRINCIPlE
31WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 23 ZIg Zag - SInglE VS. IMPulSE ExPanDIng 5 WaVES - gRanD RE-SynChROnISaTIOn
ZIG ZaG - SINGlE vS. IMPUlSE EXPaNDING 5 WavES - GRaND RE-SYNChRONISaTION
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»ThE EllIOTT WavE PRINCIPlE
32WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 24 S&P 500 | hang SEng | MSCI EM | SIngaPORE STRaITS TIMES - CORRElaTIOn STuDy
S&P 500 | haNG SENG | MSCI EM | SINGaPORE STRaITS TIMES - CORRElaTION STUDY
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»ThE EllIOTT WavE PRINCIPlE
33WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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STOCk InDICES ...COnTInuE...
STOCK INDICES ...CONTINUE...
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»ThE EllIOTT WavE PRINCIPlE
34WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 25 S&P 500 - WEEkly
S&P 500 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
35WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 26 S&P 500 - DaIly - COMPOSITE CyClE
S&P 500 - DaIlY - COMPOSITE CYClE
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»ThE EllIOTT WavE PRINCIPlE
36WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 27 S&P 500 - DaIly
S&P 500 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
37WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 28 S&P 500 - DaIly
S&P 500 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
38WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 29 S&P 500 - DaIly - COunT #2
S&P 500 - DaIlY - COUNT #2
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»ThE EllIOTT WavE PRINCIPlE
39WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 30 DOW JOnES 30 - WEEkly
DOW JONES 30 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
40WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 31 DOW JOnES 30 - DaIly
DOW JONES 30 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
41WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 32 RuSSEll 2000 - WEEkly
RUSSEll 2000 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
42WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 33 RuSSEll 2000 - DaIly
RUSSEll 2000 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
43WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 34 naSDaQ 100 - WEEkly
NaSDaQ 100 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
44WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 35 naSDaQ 100 - DaIly
NaSDaQ 100 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
45WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 36 S&P 400 MID-CaP InDEx - DaIly
S&P 400 MID-CaP INDEX - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
46WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 37 Phlx - kBW BankIng InDEx - WEEkly
PhlX - KBW BaNKING INDEX - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
47WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 38 Phlx - kBW BankIng InDEx - DaIly
PhlX - KBW BaNKING INDEX - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
48WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 39 xlk TEChnOlOgy SPDR - MOnThly
XlK TEChNOlOGY SPDR - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
49WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 40 naSDaQ BIOTEChnOlOgy - MOnThly
NaSDaQ BIOTEChNOlOGY - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
50WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 41 naSDaQ BIOTEChnOlOgy - WEEkly
NaSDaQ BIOTEChNOlOGY - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
51WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 42 xlF FInanCIal SPDR - WEEkly
XlF FINaNCIal SPDR - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
52WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 43 xlF FInanCIal SPDR - DaIly
XlF FINaNCIal SPDR - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
53WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 44 xlP COnSuMER STaPlES - WEEkly
XlP CONSUMER STaPlES - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
54WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 45 xly COnSuMER DISC. - WEEkly
XlY CONSUMER DISC. - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
55WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 46 xly COnSuMER DISC. - DaIly
XlY CONSUMER DISC. - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
56WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
»
STOCk InDICES ...COnTInuED...
STOCK INDICES ...CONTINUED...
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»ThE EllIOTT WavE PRINCIPlE
57WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 47 EuROSTOxx 50 - WEEkly
EUROSTOXX 50 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
58WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 48 EuROSTOxx 50 - DaIly
EUROSTOXX 50 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
59WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 49 EuROSTOxx 50 - DaIly - COunT #2
EUROSTOXX 50 - DaIlY - COUNT #2
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»ThE EllIOTT WavE PRINCIPlE
60WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 50 xETRa Dax 30 - WEEkly
XETRa DaX 30 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
61WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 51 xETRa Dax 30 - DaIly
XETRa DaX 30 - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
62WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 52 xETRa Dax 30 - DaIly - COunT #2
XETRa DaX 30 - DaIlY - COUNT #2
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»ThE EllIOTT WavE PRINCIPlE
63WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 53 FTSE 100 - WEEkly
FTSE 100 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
64WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
»
FIg 54 FTSE 100 - DaIly
FTSE 100 - DaIlY
« »
»ThE EllIOTT WavE PRINCIPlE
65WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
»
STOCk InDICES ...COnTInuED...
sTOcK iNDicEs ...cONTiNuED...
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»ThE EllIOTT WavE PRINCIPlE
66WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 55 MSCI EMERgIng MaRkETS - WEEkly
MSCI EMERGING MaRKETS - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
67WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 57 MSCI EMERgIng MaRkETS - DaIly
MSCI EMERGING MaRKETS - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
68WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 58 BOVESPa BRaSIl - DaIly
BOvESPa BRaSIl - DaIlY
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»ThE EllIOTT WavE PRINCIPlE
69WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 59 RuSSIa RTS - WEEkly
Russia RTs - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
70WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 60 InDIa nIFTy 50 - WEEkly
INDIa NIFTY 50 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
71WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 61 SEnSEx - WEEkly
SENSEX - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
72WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 62 MSCI ChIna - WEEkly
MSCI ChINa - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
73WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 63 ShanghaI COMPOSITE InDEx - WEEkly
ShaNGhaI COMPOSITE INDEX - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
74WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 64 hS-ChIna EnTERPRISES InDEx - WEEkly
hS-ChINa ENTERPRISES INDEX - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
75WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 65 MSCI hOng kOng InDEx - MOnThly
MSCI hONG KONG INDEX - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
76WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 66 hang SEng - MOnThly
haNG SENG - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
77WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 67 SIngaPORE STRaITS TIMES InDEx - MOnThly
SINGaPORE STRaITS TIMES INDEX - MONThlY
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»ThE EllIOTT WavE PRINCIPlE
78WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 68 TaIWan SE WEIghTED InDEx - WEEkly
TaIWaN SE WEIGhTED INDEX - WEEKlY
« »
»ThE EllIOTT WavE PRINCIPlE
79WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
»
FIg 69 aSx 200 auSTRalIa - WEEkly
aSX 200 aUSTRalIa - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
80WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
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FIg 70 nIkkEI 225 - WEEkly
NiKKEi 225 - WEEKlY
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»ThE EllIOTT WavE PRINCIPlE
81WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com « »
»
EnD OF PaRT I.
END OF PaRT I.
« »
»ThE EllIOTT WavE PRINCIPlE
82WaveTrack International Gmbh Kanalstr. 14 80538 Munich Germany Phone: +49 (0)89-21 02 07 11 Fax: +49 (0)89-92 18 52 45 E-Mail: [email protected] www.wavetrack.com «
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