Sunday, January 22, 2017

Dashboard Monthlies

Monthly Time Frame Trading & Investing

AEX @ 485,98 (AEX Monthly Chart). TTIP mode.
Bullish trend direction. Decreasing and low trend intensity. No trend.

BRENT @ 55,51 (BRENT Monthly Chart). TTIP mode.
Bullish trend direction. Decreasing and high trend intensity. Correction in Downtrend.

GOLD @ 1.204,90 (GOLD Monthly Chart). TTIP mode.
Bearish trend direction. Decreasing and low trend intensity. No trend.

COMMODITIES (CRB) @ 194,02 (CRB Monthly Chart). TTIP mode.
Bullish trend direction. Decreasing and high trend intensity. Correction in Downtrend.

REAL ESTATE (REIT) @ 342,25 (DJR Monthly Chart). TTIP mode.
Bullish trend direction. Decreasing and low trend intensity. No trend.

STOCKS (SPX) @ 2.271,31 (SPX Monthly Chart). TTIP mode.
Bullish trend direction. Decreasing and low trend intensity. No trend.

BONDS (UST) @ 124,01 (UST Monthly Chart). TTIP mode.
Bearish trend direction. Increasing and low trend intensity. No trend.
(yield implication is inverse)

EURO VS US DOLLAR (XEU) @ 107,02 (XEU Monthly Chart). TTIP mode.
Bearish trend direction. Increasing and high trend intensity. Downtrend.

I only trade and invest based on the Trend Trade & Investment Principle.

For an explanation of the abbreviations and the Trend Trade & Investment Principle see the bottom of this blog. Please also read the disclaimer there.

AEX Elliott Wave Musings Update

This update should be read in conjunction with AEX Elliott Wave Musings which was revised on 26 December, 2016.

It presents the tentative Elliott Wave count as I imagine it.

SuperCycle (V) - Cycle I - Primary 5 - Intermediate 3 - Minor 3 up (probability 75%). The hypothetical time horizon on the remainder of Primary 5 and thus Cycle I is Intermediate 3 up (November-April), Intermediate 4 down (April-May) and Intermediate 5 up (May-June). A potential target on this projection for Cycle I might be 575.

or

SuperCycle (V) - Cycle I - Primary 4 - Intermediate (A down - B up - C down triangle/wedge?) - Minor C up (Probability 25%).

For a graphical display look at the AEX Monthly Chart.

Don't hang your hat on this kind of analysis. It will be wrong more often than not. It is only a human and therefore feeble attempt to create some order out of seemingly random market movements.

I don't trade or invest according to these views. For that purpose I only use the Trend Trade & Investment Principle which is explained at the bottom of this blog. Please also read the disclaimer there.