The European Financial Forecast

Inside the June 2009 European Financial Forecast ...

Think of Elliott Waves as a Map

"The Wave Principle, in some ways, is similar to a detailed road map -- one that guides investors through the market’s countless highways and byways. Occasionally in a market journey, it’s difficult to be sure of your exact position. But as with identifiable road markers, the market traces out recognizable Elliott waves, and you can begin to know quite comfortably where you are within a move."
~ The European Financial Forecast, June 2009

That's an excerpt from the June issue of EWI's monthly European Financial Forecast (EFF). Editor Brian Whitmer continues:

"For a wave analyst, the multitude of European markets can often confirm or deny one another’s wave pattern. Fortunately at present, patterns synchronize nicely and, together, substantiate our forecast..."

The forecast is simple: The rallies in Europe are getting mature. In fact, for that reason, Brian Whitmer even advises subscribers that, "Short-term traders in Europe should pay close attention to [EWI's] European Short-Term Update this month."

Here's what you will also find in the June EFF:

"Minimum Targets Are Met" -- If you've wondered just where in the larger Elliott wave pattern European stocks are right now, the 5 charts on p. 3 make it clear.

Market Psychology: an Abundance of Bulls -- Contrary to what most investors believe, too many bulls is not a bullish sign. Learn why on pp. 4-5 of the June EFF.

The Economy & Deflation -- Deflation is now a European problem, too. Read extensive analysis and forecasts on pp. 5-7 of the June EFF.

Cultural Trends -- Resentment of aristocracy waxes and wanes with the trend in the stock market. See the 300-year historic chart on p. 9 of the June EFF to understand the size of this bear market, and its implications for revolutions and modern-day aristocracy.

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