By Ian Copsey of Harmonic Elliott Wave For those who have not read my book, in July 2010 I forecast the DJIA, then around 9,500, to rally to the 12,800 area from where the Index would correct by around 20% before rallying to the 2007 high. This was not my final target. Indeed, this […] Read more »
Commodities To Roll Over One By One
By Richard Edwards, Managing Director of HED Capital As reported, the main commodity index that we follow made a weekly-scale top extension a few weeks ago. Here is an update: We have commented several times that this will probably lead to a rolling over of commodity prices as one by one they stall and fall. […] Read more »
High Probability Of Big Turn In Equities According To HED Capital
By Richard Edwards, Managing Director of HED Capital There is a large three-day turn cluster in equities that is due to start today the 9th April and which is at its densest on Friday, the 11th April – this is the most likely date in the cluster for a high or low point to be […] Read more »
New Tactics Needed in European Equities According to HED Capital
By Richard Edwards, Managing Director of HED Capital This Swedish equity index compressed* yesterday: Ordinarily this would not be significant as Sweden is a minor market in Europe’s oversupplied continent. We think it is more important right here and now as many European markets have been range-trading recently after top extensions marked the end of […] Read more »