Tuesday, February 23, 2010

DJUA and Nasdaq Indexes..."Canaries in the coal mine"?

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Sometimes one market index will lead the others in or out of a longer term trend. At this point in time the Dow Jones Utility Average has br...
17 comments:
Thursday, February 18, 2010

Important Market Downturn today? Feb. 18, 2010

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Short Term Forecast A number of signals are suggesting that the recent market rally from the lows on February 5, 2010 for the TSX Composite ...
6 comments:
Sunday, February 14, 2010

Dow Jones Ind Aver...February 12, 2010

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The DJIA appears to be doing the same thing as the TSX Composite Index north of the US/Can boarder. A well defined narrowing triangle patter...
Thursday, February 11, 2010

TSX Composite Index Short-Term Expectation...February 11, 2010

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Every once in a while I stick my neck out and make a short-term market forecast. The TSX Composite Index has a short-term wave pattern that ...
1 comment:
Monday, February 1, 2010

TSX Composite Index February 1, 2010

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An update on my last post. The TSX index continues to look like the 10 month rally ended on January 11 at 12,070. The US SP500 is similar. T...
1 comment:
Thursday, January 28, 2010

World Stock Markets Looking Weak January 28, 2010

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I continue to study the market charts looking for more clues as to what is going on. My main tool is the Elliott Wave Principle (EWP). I al...
4 comments:
Thursday, January 21, 2010

TSX Composite Index, January 21, 2010

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The stock markets may be near an important junction. The one year chart for the TSX Composite Index shows the rally since the March 2009 low...