Elliott Wave Update ~ 18 May 2021

Bit of a bearish end-of-day price drop across the board.

These chart pics don’t pop out and get bigger like they did on Blogspot. Still trying to figure stuff out. You can however right click an image and open it in a new tab and then it will be much larger if desired. I do like how these view on my cell phone I can just explode the view with my fingers and then retreat and be able to read again. Again, I am amazed I am up and running since Friday not knowing anything about anything really. I rather keep things simple less I break things and my site goes down which happened yesterday and I had to get the nice people at HostGator to update my PHP. Yeah I have the baby starter package LOL.

Whatever you do, don’t try and go to danericselliottwaves.com as that was bought many years ago by someone who had a spite against me. Some evil person (same person?) turned it into a redirect site to harmful malware stuff. It used to direct you to another Elliott Wave blog but I see that it now just directs you to bad crap you don’t want to click on.

So Blogspot (Google), deleted my Friday’s update post 4 times automatically on Friday. Eventually after 3 hours I was able to post for whatever reason. I got autobot messages (4 for the deletes and 4 for the reinstatements). I don’t know if this was a “warning” or not. Then I posted the “Magno Arm” post on Saturday and come Monday my entire site was blocked to everyone but me as long as I was logged into Google. I am still able to get into the site and even create content. They haven’t deleted anything (yet). But I can’t be at the whim of Google any longer. If you read their “community standards” it is an Orwellian nightmare. Basically, the standards are so onerous, that if they don’t like you, you’re gone. And we all know that of course but I had to say it regardless.

I will say though, that these tech companies are overreaching and will be the cause of their own destruction and loss of power. They force people to other platforms which doesn’t make sense economically. Bitchute, Odyessy, Rumble are growing at a fast pace. I don’t do social media except for this blog.

Wilshire daily. You can see that prices have been oscillating around the broken neckline past few days. End of day prices rejected which is normally considered bearish. So we’ll see what overnight brings.

Dollar. Consolidating. Again, when the big crash comes, I expect the dollar will eventually soar to an all-time high.

Silver. Creeping upwards toward the goal of wave C.

German 10 year yield. Been sub-zero for a while now, seemingly headed to above the zero line.

VIX back above 20 after a brief respite.