This Elliott Wave blog is dedicated to sharing Fibonacci ratios and other technical analysis for forex signals, index futures signals, options signals, and stock signals. Elliott Wave Principle puts forth that people move in predictive patterns, called waves. Identify the wave counts, and you can predict the market.
Monday, March 16, 2009
Silver and Gold are in the Next Decline Phase; March 16, 2009
Gold and silver fell hard today right when they needed to and should be in the next decline phase which should be very very heavy. I'm now fully short both metals again.