Elliott Wave Analysis of the Nasdaq and Geman DAX by Sid from Elliott WavePredictions.com

Elliott Wave Analysis of the Nasdaq and Geman DAX by Sid from Elliott WavePredictions.com. Covered Topics are 1) the triple zigzag that will complete Supercycle wave 4 in the Nasdaq in November 2012, along with an associated price target,,2) the cycle degree zigzag that will complete wave 4 at Supercycle degree in the DAX in October 2012, and an associated price target, and 3), why the internal wave structure of the Nasdaq does NOT support the doomsday scenario predicted by other Elliotticians.

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[SidsCharts]

As for Gold, calling a top on something involved in a parabolic mania top is one of the more difficult things to do in technical analysis. You really should check my website from time to time. I've posted on Gold and many other things since that last YouTube video. As for my projected end of the bear market coming very close to the election, I'll let the media types attempt to connect one to the other, which I'm quite certain they will do, ad nausium . .

[nevadaxtube]

@SidsCharts Thanks for the tip. I'll check out the website. I wasn't dumping on you because I really like seeing your analysis. Thanks for your work and posting these videos!

[SidsCharts]

@nevadaxtube . . thanks NXT . .

[Andronichuk]

Hi Sid, a lot of great work your putting into your videos.

I just uploaded a video (it's rather long I warn you), but wanted to share the ideas with you as I believe you (like myself) are one of the very few contrarian elliott wave analysis (meaning we are longer term bullish) out there...

Most seem to just attempt to cement their place as the Prechter jr. of the community.

Anyway, feel free to have a look, let me know what you think

[dimjet]

Thanks Sid, Love your work

[nevadaxtube]

Thanks Sid for the great video analysis. The accuracy remains to be seen, but the effort to produce the analysis is greatly appreciated. I was equally impressed by the analysis of the gold market which you surmised might top around $1597. As gold broke through the $1900 level, I began to have my doubts.

I actually am curious about the November 2012 timing for a bottom. Could the big rally that follows be tied to the election result or just an Elliott wave coincidence? Any thoughts?

[bkeay100]

Sid,

Excellent and very well thought out analysis...

as usual