Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
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The Elliott Squawk Newsletter
Elliott Squawk delivers thorough market preparation every morning in time to take action during the trading day. By combining up-to-the-minute futures activity with traditional end-of-day analysis from cash indices, you receive analysis based on the latest conditions as the trading day sets to open. Each issue of Elliott Squawk goes beyond traditional Elliott Wave analysis because we recognize that trading Elliott Waves is much more than just looking at the most likely current count. Squawk will prepare traders to assess the market action as it unfolds by answering questions that any Elliott Wave trader should consider:- What price levels and wave motions would confirm an expected move?
- What price levels would make an alternate scenario more likely?
- What technical indicators should be watched throughout the day to interpret wave action?
- What intermarket movements merit special attention to understand likely price trends?
Markets Covered:
Each day Elliott Squawk will update the outlook for the following markets:- The Dow Jones Industrial Average
- YM e-Mini Dow Futures
- The S&P 500
- The EUR/USD cross
- The U.S. Dollar Index
- U.S. Treasury bond futures
- If S&P 500 and Dow counts are ambiguous and NASDAQ behavior helps identify the likely next move then NASDAQ analysis will be presented.
- If the EUR/USD count is ambiguous and the USD/CHF cross helps us to understand what might happen then we’ll present the intermarket analysis the Squawk subscribers.
About the Analysts
Kevin McEwen and David Starr are best known to First Wave chat room participants as Kevy99 and Managematics and by their reputation for their Elliott Wave counts that have predicted market turning points. Kevin has been counting Elliott Waves for 28 years, successfully forecasting market moves in virtually every financial environment. David brings together talents in financial market analysis and software development to his wave counting. He has authored many of the studies used by First Wave Traders as well as a number of proprietary studies to aid in counting waves.To receive daily Elliot Squawk updates and get immediate access to this article and the entire archiive signup now.
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