Silver: (March contract)
It’s been a while since I updated the Silver
Due to the fact
There was no major change
Although we now have a minor change (immediate to short term)
Up to 33.97
Staying above 19.50 to 21.18
The bull trend continues (33.97)
Immediate to Short term:
The last update was as such
Down to 25.27 to 25.51
Here's the introduction to the latest BullBear Weekend Report:
It's widely accepted that stocks are in a correction at this time. The question remains: "what kind of a correction and how long and how deep will it go?". My analysis has been and continues to be that we are in the initial stages of a bull market (in Elliott Wave terms SPX is currently in Wave 3 of a five wave bull run). While…Continue
Added by Steven Vincent on January 31, 2011 at 12:00pm — No Comments
Here's my recent analysis originally published for BullBear Traders members on 1/15/11 and updated through 1/26/11:
Thusfar markets have proceeded pretty much as my analysis had anticipated. US equities are now fairly well confirmed to be in a major Wave 3 advance. Increasingly, signals are…Continue
A Critical Analysis of Robert Prechter and Elliott Wave International
In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating…Continue
Added by Steven Vincent on January 3, 2011 at 12:30pm — No Comments
I was reading the following article:
Is it true or even possible that we are entering a multi-year bull market?
What do you think?
My long term stance on the current market is bullish. Therefore, I am inclined to giving greater importance to any bullish signals I see in a stock's chart.
Here is one interesting bullish setup that I wrote about on my blog before markets opened on Wednesday December 29th. (FTK is up 28% since I wrote about it).
Original post (published before open on Wednesday December 29th):
"Flotek Industries Inc. is a…Continue