| Welcome
to the International Metals Outlook. Here you'll find the perspective
you need to support sound trading decisions in the metals market.
The
International Metals Outlook presents an in depth examination
of the technical conditions of the metals markets. Using the Wave
Principle in conjunction with technical analysis, I provide monthly,
weekly, daily and intraday forecasts of the outlook for the metals
markets.
Our overriding
objective is to provide subscribers with a clear and concise picture
of where the markets are likely to go and what the probabilities
are. When weI have a strong conviction we will let you know, when
we are uncertain of the outlook we will also not hesitate to tell
you that. The key is to identify high confidence outlooks when they
present themselves to put the odds in one’s favor as much as possible.
In addition, it is just as important is to avoid those situations
when the outlook is unclear and it is best to simply stand aside
and be patient.
It is important
to remember that Elliott Wave analysis does not provide certainty
about any one market outcome; rather, it's an objective means of
assessing the relative probabilities of possible future market outcomes.
If you are not familiar with Elliott Wave analysis, we would encourage
you to spend some time learning the principles and reinforce your
understanding by explaining them to a novice. A link to Elliott
Wave educational material is located in the upper right hand corner
of each web page.
Gold and Silver
updates come with intraday charts and commentary throughout the
NYMEX Pit session. We update Platinum, LME Copper and Aluminum,
and Comex Copper at the beginning of the (New York) day session,
and will add additional commentary if market conditions warrant.
All metals markets have an end of day commentary with daily chart
analysis. Lead, Zinc, Tin, and Nickel are also covered, but with
daily-weekly-monthly charts only.
For gold and
silver stock investors a daily analysis is provided each morning
of the HUI index. Also included are a chart and analysis of Newmont
Mining (NEM) and the new gold stock ETF (GDX) will also be included
when enough trading history is collected.
We also encourage
subscribers to email questions or ideas. We enjoy the feedback,
but it also helps ensure that the International Metals Outlook
is working as well as it can for you.
Note: At
Elliott Wave International, we pride ourselves on independent and
objective analysis. These values extend throughout our analytical
department, so there is not "house wave count" that each
analyst must be in line with. Our analysts are free to interpret
and forecast markets based upon their personal experience and skill,
using the Wave Principle and supporting technical analysis.
That means on
occasion, two EWI analysts may arrive at different conclusions for
the same market. Usually an apparent conflict turns out to be simply
a matter of analysts addressing a different time frame. Yet
there are times when two analysts do differ sharply in their interpretation
of a pattern. Such differences are usually resolved in the short
run as continuing market action makes clear which of the interpretations
is actually unfolding; some resolve more slowly.
We treasure
the complete independence and objectivity of our analysis. Thought-provoking
research is what EWI is all about. Every day, we strive to meet
the exceptional high standards of analysis set forth by Bob Prechter
when he started our firm in 1979.
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