The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...
Recently, the SPDR S&P 500 ETF (SPY) has experienced a pullback to a significant technical support zone around $678, following a decline from recent highs. This article will explore the implications ...
When most people start trading in their own accounts, whether their style is to trade frequently for the short-term or to take a longer-term, “swing trading” view, they are inclined to look for a ...
Our guest this week is Elliot Wave Leader, Avi Gilburt. Today's podcast is a jam-packed episode - a crash course in Elliot Wave Theory and a look at key market projections in the S&P 500 in the years ...
The Elliott Wave is a statistical model for understanding universal patterns in pricing and financial markets. Formulated in the 1930s by professional accountant Ralph Nelson Elliott, it continues to ...
Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...
Elliott Wave Theory identifies market patterns driven by societal sentiment, moving in 5-wave trends and 3-wave counter-trends. The optimal trading opportunity lies in the heart of the 3rd wave, ...
In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...
Recently, an interesting concept was discussed among our research team a very interesting concept about the markets. As many of you know, part of theprocess orresearch is to test conclusions that may ...