Friday, October 17, 2014

The Greek Stock Market - Feast of the Bears

This is an update to our earlier Elliott Wave analysis of the Greek stock market which has followed our forecast to a tea and declined steadely during the year.

























Technical analysis of the Greek stock market.  Source: Elliott Wave Technician

We think that current decline of the Greek stock market in wave "5" could last until June 2016.

This has implications for the Greek banking system. Will a another collapse of the Greek stock market to new record lows put the banks in a similar situation as banks in Cyprus or even worse ?

Geir Solem

Elliott Wave Technician
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Wednesday, September 10, 2014

Corporate Debt Bubble in the United States

The worlds largest non-financial corporate credit bubble has been developing in the United States since the mid 20th century. It has already reached historical epic proportions.


















Source Board of Governors of  the Federal Reserve System. Click on the above image for larger picture.

The largest credti bubble the world has ever known ! What  happens when the bubble burst and the borrowers can not repay the loans ?

Find out what the world will look like by subscribing to Elliott Wave Technician Investment Newsletter here.

Geir Solem

Elliott Wave Technician
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Wednesday, August 27, 2014

Elliott Wave Analysis of Hong Kong Stock Market

A long term look at the Hang Seng Stock Market Index in Hong Kong. A 10 year bear market ended in 2009. Since then the index has been displaying a number of one and two waves.























Monthly chart of the Hang Seng Index with technical analysis and Elliott Wave Count. Source Elliott Wave Technician

A larger rally in the Hang Seng Index that we have labelled wave '(3)' of a wave '5' is in the early stages and should last multi years.

Some Elliott Wave labelling related to the even larger structure of the Hang Seng Index is omitted from the chart.

Geir Solem

Elliott Wave Technician
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Monday, July 7, 2014

Federal Reserve Stress Index at historical low

A bull market in complacency is developing...


















Source Federal Reserve Bank of St. Louis

What will trigger the next debt crises ? Another shock is coming. Very likely an even deeper liquidity crises than we saw back in 2008.

Geir Solem

Elliott Wave Technician
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Thursday, June 19, 2014

Gold - Elliott Wave structure

A year old triangle in gold is in the latter stages. Here is a daily chart with a detailed view of the Elliott Wave count inside the triangle. A rally in wave 'e' is in progress.

























Click on the above image for larger picure. Source Elliott Wave Technician

The labelling of the larger Elliott Wave structure of Gold is removed from the chart. When the triangle is complete, we expect a large move in the price of Gold.

Geir Solem

Elliott Wave Technician
Copyright (C) all rights reserved