U.S.E Limited

From Paul Thomason (www.elliottwavegms.com)

Well, it has been a very volatile 3 weeks since we last published our public syndication article  ‘Are Us Markets Topping Here’ and as it turns out – yes, they were.After a fairly large crash and stepp reversal, the question is whether or not this is part of a larger degree decline or merely a blip in a bull market?.

The answer to that question will only be known in time, but from an Elliott Wave and technical analysis perspective there are a few clues that lower prices are ahead and they are not only likely but are also likely to be upon us much sooner than we think.

Now we could over all of the technical evidence chart by chart, but we have decided to include in this article a free version of the latest subscriber video that was posted on 12th May 2010.

You will note from the video that it our belief that we are again on the brink of very steep decline that will likely rival if not exceed the large and steep ‘trading error’ decline of last week.  Of course forecasts are only as good as they stand the test the time, but our record speaks for itself;

‘Our subscribers know we picked the March 2009 bottom and this top in April 2010′

There are many other financial forecast services around that will offer up their claims to forecasting accuracy but the truth is even the most popular forecast services in the world have an independently assessed accuracy rate of not much more than 30%!.

Good luck with your trading and enjoy the free video!.

Visit www.elliottwavegms.com for more of the latest market forecast videos.elliottwavegms.com.