Recent Mika's Commentaries
Emerging Markets Bullish (x3 leverage ETF)
Just bought it. I see more rally to come, even it would be only corective by nature.
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Tags: etfs | elliott-wave
DAX One Hour EW
And US market followed it. Heres how and why I found it from Europe after drop was done and had even time to make that post once it was done. I knew that at least major shortcovering is coming by end of Globex session. 1.618 W5 impulse with aggressive EW divergence with SPX also where this WX...
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Tags: futures | elliott-wave | dax
Ventas - HealthCare, RealEstate
Blue line is interesting, this line is where traditional TA analyse traders will go short and once its broken for upside, they are stopped. The reason for it is that they threat this top as triangle, sideways triangle while in traditional EW one could fill ABCDE contracting triangle for it IF we ...
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Tags: stocks | elliott-wave
SPX 1150
Covered intrashort, closed also Amazon short, I dont like the situation that Amazon does have monthly and weekly EW divergences exist, they are at buyside.It might correct this impulse fully but something warns me it might be still traveling with fifth wave where this can be only first one yet. H...
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Tags: stocks | stock-index | spx
DAX
Silent day in Europe, silent in US as well, SPX 1136 pivot low kept low so far and DAX appears to be channelling now where MACD so far has failed to make new lows ie. as one possiblity it is building W3 / W5 divergences again. Not sure at all if wave calculation is anything correct but it does n...
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Tags: elliott-wave | futures
JP. Morgan Alerian MLP Index ETN, Oil and...
I have to confess I have found very good arsenal of setups today, louds of them. Heres one cute for EW theorist, OKS is one of the biggest instrument inside of JP Morgan AMJ ETN. Note how another one is ending diagonal and another is expanding ending diagonal. See the behaviour of MACD with...
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Tags: elliott-wave | stocks
Applied Industrial Tech - AIT, (Industrial...
Very standard landing EW 5 valley MACD divergences in the daily chart. Daily, Weekly + Monthly.
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Tags: elliott-wave | stocks | technical-analysis
Twin - Diversified Machinery
As similiar as this one is another one called Manufacturing machinery stock Robbins & Myers (RBN). Attatched weekly chart of RBN as third one while 2 first ones are TWIN weekly & daily.
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Tags: stocks | elliott-wave
MKC - McCormick
I updated 240 minute chart above for MKC because it did retrace for very decent area as corrective since placing ending diagonal and giving the answer, for downside. While this stock is SPX500 attatched it has also performed very well together with SPX walking exactly as hand by hand together w...
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Tags: elliott-wave | stocks
Finally Weekend - SPX Daily EW Chart
This is the EW chart how my best friend see this situation. Originally he was targeting to short 1250-1260. It is not opinion of one of those Prechters who are allways bearish anyway (or been either during the uproad) or opinion of any of those public community bearish EW writers or commentat...
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Tags: elliott-wave | stocks | stock-index
Friday Evening & Vodka
I made today very large scale and long base investment for CEDC, it trades in Europe (Poland) and US but I took it from US. Below are weekly and daily charts for it which explains some reasons. I mentioned this stock week ago when their German director made large buy program which occured to be b...
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Tags: elliott-wave | stocks
CEDC
That opened well, the new week ;). JDSU earned second best position from SPX stocks, whole SVU 8:th best and BAC in the topnotch 20 performers as well. MU did came up +9% as well but that´s not SPX attatched. CEDC is interesting chart as well, it is today best performer in Russell2000 list. F...
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Tags: stocks | elliott-wave
Dax - Central Europe
Looks about to be done & finished. It could in theory start building ending diagonal for fifth to hit more thesee boundary lines which would mean also that it is ending fifth wave but I think it is about done.
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Tags: stocks | elliott-wave
Weekend & Gann 2/3´s
I think bull will stay for a while, SPX 20 most cheap stockprice PE´s are now 4. Lot of forthcoming damage is priced allready. Obviously there were overvalued for this cycle turn and selling was more than earned for current way too optimistic economy view Where-ever it is going to be corrective...
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Tags: stocks | elliott-wave
SuperValue
Could be missing that small fifth still or then not but allready bot it. Ie. one full implse pretty much done to put it another way. I actually feel somewhat comfortable to operate with this market because I don´t think it is going below 1000-1050 territory even in bearish case for some time, ye...
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Tags: futures | elliott-wave
