JSE, Resources Index, J258

The JSE Resources index arrives at a prospective target.

et non biberent vinum

JSE, Gold Miners Index, J150

With a journey of almost 2 years, the extended Primary wave [3] arrives and Primary wave [4] gets under way. Wave [2] was tiresome which makes the expectation for wave [4] to be comparatively snappy. 

ligna

JSE, ALSI, J203

The All Share Index puts in an impressive Intermediate (A) leg of the Primary [B] of the Cycle A 

of this Super cycle (IV) bear trend.

This is a rare and long lasting bear formation. None alive will live long enough to see the next one.

UK Column

JSE, ALSI Swix, JN43

The ALSI Swix has arrived at the 61.8% retrace target. Indications of a significant turning point for most everything abound.

Lockdown Deaths

JSE, Satrix Nasdaq 100 tracker STXNDQ

The Satrix STXNDQ is a Rand based ETF that tracks the Nasdaq 100 index. Here the daily chart can be compared with a weekly chart of the actual (USD) index.
This count expects the arrival of Primary [3] of Cycle V.

timent trepidum in

My numbering:

The purpose of sharing this is to encourage broader interest with the application of the Elliott Wave theory. 

The standard version of the theory applies.

Elliott Wave Theory - Rules & Guidelines

JSE, Gold Mining Index, J150

Update 13th July:

 A small overshoot and away it goes.

From 8th July:
The investigation of the approach of the Primary [3] continues. Prospective targets of [3] = 2 [1] and the active (5) = (1) are indicated.
This count for [3] sees that a normal completion at [3]' existed but interprets what would normally be wave [5] as an extension of [3]. This view is adopted because a number of gold related instruments require a correlational extension for compliance with the rule for impulse waves of the 4th may not enter the 1st. The other consideration is that it is normal for the 3rd wave to be the one that extends.
The said extension has been at a higher pace than the first phase of the wave and it is already with a greater price change. The use of correlation continues.

cerebrum cibum

JSE, Durban Deep, DRD

The arrival of Primary [4] is announced by the chart with the overbought RSI and (5) = 2 x (1). The sudden refusal of CFD shorts is another indicator.

JSE, Satrix Resources ETF

This monthly view of the Satrix Resources index projects from the Cycle turn point.

It points to a typical target for Primary [3].

lucrum facit sibi cessabit

JSE, GLD (ETF)

25th June 2020:
The desire for affinity with the turn of sentiment is a predetermined consequence of human nature in all of its various forms and yet seeing may still not be believing.

Nunc videre potest caecorum



This chart is the JSE Gold ETF, share code GLD which tracks the Rand price of gold.

et vidi et non audistis

Gold Fields (New York) - Projection