Category: Elliott Wave Theory
The analysis published under this category are as follows.
Monday, January 30, 2012
Stock Market Long Term Bull Market Elliott Wave Count / Stock-Markets / Elliott Wave Theory
By: David_Banister
I have to be honest that I am grappling with a few possible counts since the March 2009 Bull market commenced in terms of the big picture.
With Elliott Wave Analysis, you have to anticipate, monitor, and then adjust. Most of the time I go with my instinct and then only adjust if it looks like I was way off the tracks. The only time I tend to get way off the tracks is when I read too many opinions, so I’ve shut myself off from reading other’s opinions and below is my gut right now:
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Thursday, January 05, 2012
Robert Prechter Reveals Why he Embraced the Wave Principle / InvestorEducation / Elliott Wave Theory
By: EWI
Robert Prechter is the widely recognized authority on the Elliott Wave Principle.
Read how he learned about the Wave Principle and why he embraced it in the edited excerpt from his book Prechter's Perspective below (Q&A format):
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Thursday, December 15, 2011
Learn Elliott Wave Analysis - Free 10 Lesson Online Tutorial / InvestorEducation / Elliott Wave Theory
By: EWI
Understand the basics of the subject matter, break it down to its smallest parts -- and you've laid a good foundation for proper application of... well, anything, really. That's what we had in mind when we put together our free 10-lesson online Basic Elliott Wave Tutorial, based largely on Robert Prechter's classic "Elliott Wave Principle -- Key to Market Behaviour." Here's an excerpt:
Tuesday, November 01, 2011
How Do You Get from Dow Theory to Elliott Wave Analysis? / InvestorEducation / Elliott Wave Theory
By: EWI
If you are interested in Elliott wave analysis, odds are that you have also heard of Dow Theory, whose best and longest-lived proponent is Richard Russell. (Best wishes to Richard as he recovers his health.) This excerpt from Prechter's Perspective explains how Elliott wave analysis and Dow Theory are connected. We wanted to run it now in honor of the 160th anniversary of the birth of Charles Dow, which the Market Technicians Association celebrates on Wall Street on Thursday, November 3, 2011.
Sunday, October 30, 2011
Stocks Bear B Wave Rally or New Bull Market? / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
Another positive week for US equities as they gained ground for the fourth week in row. The majority of the gains occurred on thursday after the ECU had agreed upon a solution to their credit crisis wednesday night. Most of the economic reports swung to the positive side this week after remaining negative to neutral for months. On the downside: consumer confidence, FHFA housing prices, durable good orders, pending home sales, PCE prices and the M1-multiplier. On the uptick: Q3 GDP, Case-Shiller, new home sales, personal income/spending, consumer sentiment, the WLEI, the monetary base, and weekly jobless claims downticked. The SPX/DOW gained 3.7% and the NDX/NAZ were +3.3%. Asian markets soared 6.6%, European markets gained 4.3%, the Commodity equity group soared 7.6%, and the DJ World index gained 5.7%. Next week’s economic events will highlighted by the FOMC meeting, the monthly Payrolls report, ISM and monthly Auto sales. Best to your week!
Friday, July 08, 2011
Using Elliott Waves: As Simple As A-B-C / InvestorEducation / Elliott Wave Theory
By: EWI
When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social (or crowd) behavior trends and reverses in recognizable patterns. You can learn to identify these patterns as they unfold in the financial markets, and use them to help anticipate where prices will go next. Elliott Wave International has developed a free comprehensive online course -- The Elliott Wave Tutorial: 10 Lessons on the Wave Principle -- which describes these patterns and explains how they relate to one another.
Thursday, June 30, 2011
The Personality of Stock Market Waves / Stock-Markets / Elliott Wave Theory
By: EWI
Elliott waves don't merely reflect prices plotted over time. Each wave has its own "personality." Listen to this video by EWI's Wayne Gorman to learn more about the psychology behind the waves and how it affects your investment decisions.
Monday, June 20, 2011
How to Set Protective Stops Using the Wave Principle / InvestorEducation / Elliott Wave Theory
By: EWI
The 3 simple rules of Elliott wave analysis can help traders manage risk, ride market trends and spot price reversals.
EWI's Chief Commodities Analyst Jeffrey Kennedy values the Wave Principle not only as an analytical tool, but also as a real-time trading tool. In this excerpt from Jeffrey's free Best of Trader's Classroom eBook, he shows you how the Wave Principle's built-in rules can help you set your protective stops when trading.
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Tuesday, June 07, 2011
Gold, Silver and Crude Oil Commodity Charts Elliott Wave Update / Commodities / Elliott Wave Theory
By: Tony_Caldaro
Gold has reached another interesting juncture. While Silver tanked over 30% in May Gold held its’ own with only a 6% decline. Then after making that low in early May Gold started to rally again, and is now in another confirmed uptrend. The question now arises; Is this a B wave rally in an ongoing Major wave 4, or is Minor wave 5 now extending in this extended Major wave 3?
Thursday, May 26, 2011
How to Put the Elliott Wave Principle to Work / InvestorEducation / Elliott Wave Theory
By: EWI
In the video below, EWI Senior Commodity Analyst Jeffrey Kennedy walks you
through a basic checklist of how to put the Wave Principle to work. This clip
was taken from The Wave Principle Applied webinar, originally recorded for Futures
Junctures subscribers.
Friday, May 13, 2011
Five Ways Elliott Wave Theory Can Improve Your Trading / InvestorEducation / Elliott Wave Theory
By: EWI
Jeffrey Kennedy brings more than 15 years of experience to his position as Elliott Wave International’s Senior Analyst and trading instructor. He knows firsthand how hard it can be to get simple explanations of a trading method that works -- so he shares his knowledge with his subscribers each month in the Trader's Classroom lessons.
Wednesday, May 04, 2011
Stock Market and Euro Elliott Wave Counts / Stock-Markets / Elliott Wave Theory
By: WavePatternTraders
The markets are now coming into a target zone that will likely define the trend going forward over the coming weeks/months. As bears continue to try and top tick this rally from the lows made in Aug 2010. They are being forced to cover as the strength is overwhelming; anyone that tries to short this market is getting run over.
The trend is clearly still up and the easiest way to make a successful trade is to follow the trend, top tickers generally get wiped out, as being right once out of 20-30 times, does not constituent to a healthy account balance.
Wednesday, April 20, 2011
Stock Market Elliott Wave Patterns, Quick Primer on OEW / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
We received a request over the weekend to provide a bit more detail about OEW labeling. OEW applies most of the same terminology as standard EW with one major exception. We added a Major wave between the Primary and Intermediate degrees. It makes more sense, to us, that a Minor wave should be complemented by a Major wave with an Intermediate wave in between them. Our labeling scheme is provided below:
Monday, April 04, 2011
SPX bull mkt projection update / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
About six months ago we posted a projection for the remainder of the bull market using OEW analysis and the current bull market characteristics. At the time of the projection the SPX had closed at 1149 that friday September 24th: http://caldaro.wordpress.com/....
We anticipated, at the time, the current uptrend from July10 and SPX 1011 would last six months until Jan11 and reach SPX 1313. Then the following downtrend would take one month to unfold and decline 9%.
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Friday, April 01, 2011
EWI's free introductory tutorial on the Wave Principle is the key to unlocking the mystery of market behavior. / InvestorEducation / Elliott Wave Theory
By: EWI
EWI's free introductory tutorial on the Wave Principle is the key to unlocking the mystery of market behavior.
Okay. There can be only two reasons why you are reading this article right now:
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Wednesday, March 30, 2011
Stocks Stealth Bull Market and Elliott Wave Theory Analysis / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
My unorthodox interpretation of Elliott Wave Theory has proved highly accurate for the duration of the stocks stealth bull market from its birth in March 2009 in gauging the probable trend for the Dow for the past 2 years, in that there are no hard and fast rules, no tenants, no absolutes that the price must obey as per theory, because in the real world the price action is the master not theoretically what the price action should do which is why over zealot proponents of elliott wave theory have missed the whole stocks bull market, instead of which the theory is just that, a theory, so should bend or even break in the face of real time price action and not engage in the exercise of ever expanding hindsight based pattern fixing.
Monday, March 28, 2011
New Stocks Bull or Deceptive Bear Market? Find Out in This Free Elliott Wave Theorist! / News_Letter / Elliott Wave Theory
By: NewsLetter
The Market Oracle NewsletterMar 17th, 2011 Issue #5 Vol. 5
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Tuesday, March 08, 2011
Trading Advantages of the Elliott Wave Principle / InvestorEducation / Elliott Wave Theory
By: EWI
What advantages does the Wave Principle offer to traders?
Here's one of the big advantages of using the Wave Principle when trading: you can increase your understanding of how current price action relates to the market's larger trend.
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Thursday, March 03, 2011
News Is NOT the Main Driver of Stock Market Trends / InvestorEducation / Elliott Wave Theory
By: EWI
Breaking News Bulletin: News Is NOT the Main Driver of Stock Market Trends
A FREE myth-busting report from Club EWI reveals the real force behind long-term trend in financial markets
Tuesday, March 01, 2011
Elliott Wave Principle Book Available Free Online / InvestorEducation / Elliott Wave Theory
By: EWI
Dear Investor,
Every successful trader or investor has a method that they rely on to make investment decisions. Without a method, investors must rely on the advice of others or their own emotions to make these decisions.
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Thursday, February 24, 2011
When You FEEL the Elliott Waves, Your Eyes Become Wide Open / InvestorEducation / Elliott Wave Theory
By: EWI
How the waves of social mood led to an investment method worth looking into
Have you ever been at the ocean body surfing, just waiting for that perfect wave? When you begin to truly feel it, your adrenaline starts pumping.
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Tuesday, February 15, 2011
Classic Technical Analysis Book, Elliott Wave Principle, Now Available Free Online / InvestorEducation / Elliott Wave Theory
By: EWI
Dear Investor,
Every successful trader or investor has a method that they rely on to make investment decisions. Without a method, investors must rely on the advice of others or their own emotions to make these decisions.
Read full article... Read full article...
Monday, February 14, 2011
An Objective Elliott Wave Study of S&P 500 Stocks Index / Stock-Markets / Elliott Wave Theory
By: Piazzi
Let’s look at some possible wave configurations
This is a bullish wave configuration that marks the 2009 low as the end of a Cycle 2 wave and all waves after that as parts of a Cycle 3 wave up
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Thursday, February 03, 2011
Elliott Wave Theory Basic Zigzag Price Pattern Tutorial / InvestorEducation / Elliott Wave Theory
By: EWI
The big picture for Elliott wave analysis is five-wave patterns followed by three-wave patterns. Let's look at the three-wave corrections more closely to get a bead on how they differ from one another. This excerpt from EWI's Basic Tutorial describes in detail what you need to know about so-called zigzag and flat corrections to be able to recognize them on a price chart.
Friday, January 21, 2011
Basic Elliott Wave Theory Patterns: How a Zigzag Differs from a Flat / InvestorEducation / Elliott Wave Theory
By: EWI
The big picture for Elliott wave analysis is five-wave patterns followed by three-wave patterns. Let's look at the three-wave corrections more closely to get a bead on how they differ from one another. This excerpt from EWI's Basic Tutorial describes in detail what you need to know about so-called zigzag and flat corrections to be able to recognize them on a price chart.
Friday, January 14, 2011
Nasdaq-100 Elliott Wave Theory Forecast / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Introduction to Elliott Wave Technology's periodical briefs As a service to the financial, investment, and trading communities, and in holding our longer range forecasts to task, on a rotational basis, we shall provide periodical briefs for each of the seven broad markets covered within our premium publications.
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Monday, January 10, 2011
THE EWI ARGUMENT: A Critical Analysis of Robert Prechter and Elliott Wave International (March 2009-Present) / Stock-Markets / Elliott Wave Theory
By: Steven_Vincent
SUMMARY
In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating it in terms of the quality of epistemology, methodology, data integrity, interpretation, conclusions, recommendations and results. The analysis is limited in scope to the equities markets since March of 2009. Because of time constraints, counterpoints to much of the EWI argument can only be partially developed here, but I hope to give them a much fuller treatment in my forthcoming book, tentatively entitled, "Apocalypse Not Yet: Wave V and the End of Financialism".
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Monday, December 13, 2010
Stock Market Rally Elliott Wave Trend Target / Stock-Markets / Elliott Wave Theory
By: Dr_John_Trapp
There is a lot of Bull in the market. My first chart – the Weekly – gives the Big Picture so we can see what our overarching market opinion needs to be. Look at all the Bullishness on this chart: 1. ES above the 15EMA, 50MA and 200MA, 2. all but the 200MA have positive slopes and the 200MA is flattening, 3.ES is in W3 of W5, 4. ES consolidated below the 61.8% retracement level and began peeking above it on Friday (still in area of resistance though!), and 5. typical targets above the current high are indicated on chart – including MOB.
Saturday, November 20, 2010
Global Stock Markets SPX, DJW, FTSE, TSX, BSE, and HSI Elliott Wave Analysis and Forecasts / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
The equity market started the week by extending the pullback, and then rebounded to end the week nearly unchanged. Economic reports for this past week were mostly positive. On the negative side were the NY FED index, weekly MBA mortgage applications, housing starts and weekly jobless claims. The BEA leading indicator led the positive economic reports, along with retails sales, the PPI/CPI, the Philly FED, industrial production, business inventories, building permits, and the weekly WLEI. The monetary base and the NAHB housing index remained steady.
Saturday, November 13, 2010
Stock Market Elliott Wave Count Weekend Update / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
After last week’s good performance, (+3.25%), the equity market gave back some of its gains with its worse weekly performance since the second week of August. Economic reports for the week were all either positive or improving. The trade/budget deficits improved, import/export prices were positive, and consumer sentiment rose, along with wholesale inventories and weekly mortgage applications. Weekly jobless claims declined, the WLEI and M1 multiplier improved, while the monetary base held steady.
Saturday, November 06, 2010
Global Stock Markets Breakout on Fed QE2 / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
The stock markets, worldwide, broke out of their trading range this week after the FED announced their QE 0.6 ($trillion) program on wednesday afternoon. The Bank of Japan followed up by announcing they were going to buy Japanese equity ETF’s and other financial instruments as part of their central bank intervention program. On tuesday, the Liberterian wing of the Republican party gained enough seats to swing the House of Representatives to the GOP. We reported on this event on thursday:Politics and Secular Stocks Bull/Bear Markets, The Fourth Turning Crisis
Sunday, October 31, 2010
Stocks Longterm Bull Market, Elliott Wave Weekend Analysis 31st October / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
For the first time in quite a while positive weekly economic reports outweighed negative reports by over three to one. The market responded, before the reports, with a new uptrend high and then went sideways during the reports. On the negative side. We had a lower rise in the Case-Shiller index, a decline in the UofM consumer sentiment and the M1 multiplier. On the postive side. Existing/new homes sales rose as did the FHFA price index and weekly mortgage applications. Q3 GDP rose, along with durable goods orders, the Chicago PMI and consumer confidence.
Saturday, October 23, 2010
Global Stock Markets Weekend Elliott Wave Analysis Update / Stock-Markets / Elliott Wave Theory
By: Tony_Caldaro
Economic reports and the equity market ended the week mostly positive. On the economic front; industrial production, building permits and weekly mortgage applications all declined. Capacity utilization and the BEA leading indicators were positive but flat. There were improvements, however, in the NAHB housing price index, housing starts, weekly jobless claims, the Philly FED, the WLEI, the monetary base and the M1 multiplier.
Wednesday, October 13, 2010
Nobel Award in Darwin Economics, Nominee for 2010 / Economics / Elliott Wave Theory
By: D_Sherman_Okst
Named in honor of Charles Darwin, the Darwin Awards commemorate those who improve our gene pool by accidentally removing themselves from it. I therefore propose the ‘Nobel Award in Darwin Economics’. The recipient of the award would graciously be asked to remove (just) their ‘economic genes’ from our economic gene pool. If they teach economics, they’d be asked to cease and desist, if they were the Secretary of the Treasury, the Chairman of the Federal Reserve, or the President of the United States they’d be asked to resign.
Sunday, September 05, 2010
EWI Premium Charts Analysis and Forecasts of Asian-Pacific and European Stock Markets / News_Letter / Elliott Wave Theory
By: NewsLetter
The Market Oracle NewsletterSeptember 3rd, 2010 Issue #51 Vol. 4
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Thursday, July 08, 2010
Learn the Basics of Elliott Wave Theory Analysis / InvestorEducation / Elliott Wave Theory
By: EWI
Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets.
Wednesday, June 09, 2010
Defending the Speculator / Economics / Elliott Wave Theory
By: MISES
Walter Block writes: "Kill the speculators!" is a cry made during every famine that has ever existed. Uttered by demagogues, who think that the speculator causes death through starvation by raising food prices, this cry is fervently supported by the masses of economic illiterates. This kind of thinking, or rather nonthinking, has allowed dictators to impose even the death penalty for traders in food who charge high prices during famines. And this is done without the feeblest of protests from those usually concerned with civil rights and liberties.
Monday, June 07, 2010
Modern Monetary System, Banks, Money Supply, Recessions and Depressions / Economics / Elliott Wave Theory
By: Mansoor_H_Khan
Modern monetary theory seems almost too good be true. It seems as if "one is getting something for nothing". Too many people who understand and write about modern monetary systems are very professor-ish and don't really answer the basic question: How can one get something for nothing?
Sunday, May 16, 2010
The Driving Force of the Market / Economics / Elliott Wave Theory
By: Peter_G_Klein
Entrepreneurship is one of the fastest growing fields within economics, management, finance, and even law. It's also becoming a popular subject at colleges and universities. Entrepreneurship courses, programs, and activities are springing up not only in business schools, but also in colleges of arts and sciences, engineering, education, social work, and even fine arts.Read full article... Read full article...
Saturday, May 01, 2010
V-Shaped Economic Recovery? Don’t Bet On It / Economics / Elliott Wave Theory
By: Money_Morning
Jason Simpkins writes: Corporate profits appear to have returned in full, manufacturing is picking up around the world, commodities prices have rallied and the Standard & Poor's 500 Index is up about 60% since last March.
That makes a pretty compelling case for what some analysts are calling a "V-shaped" recovery. But even with all the momentum the economic recovery has accrued, that kind of talk may be a bit premature.
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Monday, April 26, 2010
How to Channel an Impulse Wave on a Price Chart / InvestorEducation / Elliott Wave Theory
By: EWI
Susan Walker writes: How do you choose one lesson from a basic tutorial that is chock-full of excellent information about Elliott wave analysis? You could browse through all 50 sections distributed over 10 lessons. Or you could do what some people do when they open a dictionary: let the book fall open and point your finger at a word. Sometimes you learn more from a random search than a deliberate one.
Wednesday, April 14, 2010
Why Economic Forecasts Often Fail / Economics / Elliott Wave Theory
By: EWI
Linear thinking often utterly misses the mark in financial forecasting
Let's begin with a paradox: The one constant in our society is dramatic change. This is the main reason why projecting present conditions into the future often fails.
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Thursday, April 08, 2010
What You Can Learn From a Multi-Millionaire Who Understood Market Psychology / InvestorEducation / Elliott Wave Theory
By: EWI
How much do you know about Bernard Baruch?
He's mentioned in the foreword of The Elliott Wave Principle - Key To Market Behavior, A.J. Frost's and Robert Prechter's definitive book on wave analysis (emphasis added):
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Thursday, March 25, 2010
The Paradox of Keynesianism, Paul Krugman and the Consumption Myth / Economics / Elliott Wave Theory
By: MISES
Jonathan Finegold Catalán writes: In "China's Water Pistol," Paul Krugman turned commentary on China into a general attack on those who remain wary of the United States' large public debt. In it, he sums up the Keynesian views on saving, consumption, and government spending. Whatever his intentions, all Krugman does is underscore his own lack of understanding of economic theory.
Wednesday, March 24, 2010
The Stock Market Is Patterned, Here's Proof / Stock-Markets / Elliott Wave Theory
By: EWI
You don't have to sift through the latest economic data as if they were tea leaves.
This is an excerpt from Elliott Wave International's free Club EWI resource, "What Can a Fractal Teach Me About the Stock Market?" by EWI's president Robert Prechter.
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Tuesday, March 16, 2010
Misconceptions about Money and Velocity / Economics / Elliott Wave Theory
By: Mike_Shedlock
Inquiring minds are interested in velocity and money. John Mauldin discusses both in The Implications of Velocity. Unfortunately, Mauldin perpetuates three widely believed myths in his article.
Monday, March 08, 2010
Sensible People See Through Keynesian Economics, But Not Economists / Economics / Elliott Wave Theory
By: Gary_North
Four images provide the conceptual tools to refute Keynesian economics: the gun, the wallet, the IOU, and the printing press. Recall them every time you read a Keynesian promotion of the latest government-spending plan. Let me explain.
Friday, March 05, 2010
Learn Elliott Wave Theory Analysis - FREE / InvestorEducation / Elliott Wave Theory
By: EWI
Learn Elliott Wave Analysis -- Free
Often, basics is all you need to know. March 5, 2010
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Tuesday, March 02, 2010
What Does NOT Move Markets? Examining 8 Claims of Market Efficiency / Stock-Markets / Elliott Wave Theory
By: EWI
By Susan Walker
If everyone says that shocks from outside the financial system -- so-called exogenous shocks -- can affect it for better or worse, they must be right.
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Tuesday, February 23, 2010
Using Elliott Wave Theory to Interpret Stock Market Price Action / Stock-Markets / Elliott Wave Theory
By: EWI
Same Day. Same Event. Same Market. Different Story!
"There is no group more subjective than conventional analysts." -- Robert Prechter. February 23, 2010
By Vadim Pokhlebkin
Elliott wavers sometimes hear the criticism that patterns in market charts can be "open to interpretation." For example, what looks like a finished 1-2-3 correction to one analyst, another analyst may interpret as 1-2-3 of a developing impulse, with waves 4 and 5 on the way.
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Saturday, February 20, 2010
How Elliott Wave Principle Can Improve Your Trading / InvestorEducation / Elliott Wave Theory
By: EWI
The Wave Principle identifies trend, countertrend, maturity of a trend -- and more.
By Editorial Staff
The following article is an excerpt from Elliott Wave International's Trader's Classroom Collection.
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Wednesday, February 10, 2010
U.S. Stocks: Will The Bears Relinquish Control? / Stock-Markets / Elliott Wave Theory
By: EWI
In case you were hiding out Tiger Woods' style far away from the mainstream media during the past month, let me be the first to say: January saw an abrupt end to the U.S. stock market's record-setting winning streak. Last count, the Dow Jones Industrial Average plummeted 4% in its worst monthly loss in a year.
Saturday, December 26, 2009
Krugman’s Keynesian Christmas Carol / Politics / Elliott Wave Theory
By: William_Anderson
It is the year 2014 and Tiny Tim is ill, but he does not need the generosity of Ebenezer Scrooge to bring him back to health. No, as Paul Krugman insists, the Cratchits
Read full article... Read full article...have health insurance. Not from their employer: Ebenezer Scrooge doesn’t do employee benefits. And just a few years earlier they wouldn’t have been able to buy insurance on their own because Tiny Tim has a pre-existing condition, and, anyway, the premiums would have been out of their reach.
Wednesday, December 23, 2009
Robert Prechter on Socionomics and Elliott Wave Theory / InvestorEducation / Elliott Wave Theory
By: EWI
Interview with Robert Prechter about the Elliott Wave Pinciple, Socionomics, recent market moves and how he started studying all of it.
Thursday, December 10, 2009
The Power of The Theory of Money and Credit / Economics / Elliott Wave Theory
By: Douglas_French
With the great bursting of the real-estate bubble in 2008, the federal government is reforming and expanding its regulatory oversight in hopes of legislating away booms and busts. Recent decades have featured a series of speculative manias followed by harrowing financial busts, with central banks applying the same tonic — a flood of monetary stimulus — to salve the nation's financial wounds.
Monday, December 07, 2009
Stock Market Rally Devil’s Advocate / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
A Contrarian Bullish Perspective On The Zombie Dia And The Status Quo Powers That Keep It Alive
How the Deck is Currently Stacked
Despite the unequivocal failure of the entire global financial system, the prescient minority bearish contingent whom saw the writing on the wall years ago, are duly disappointed with the present outcomes since March. This persistently bearish free-market contingent views the presently unfolding outcomes as a complete waste of a-once-in-a-lifetime crisis in which nothing of sustainable utility has been resolved to reconcile such an unmitigated disaster. This contingent is largely of the belief that the worst is yet to come.
Thursday, October 22, 2009
Earnings: Is That REALLY What's Driving The DJIA Higher? / Stock-Markets / Elliott Wave Theory
By: EWI
The idea of earnings driving the broad stock market is a myth.
Vadim Pokhlebkin writes: It's corporate earnings season again, and everywhere you turn, analysts talk about the influence of earnings on the broad stock market:
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Sunday, October 11, 2009
Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis / InvestorEducation / Elliott Wave Theory
By: EWI
As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity.
Monday, October 05, 2009
Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis / InvestorEducation / Elliott Wave Theory
By: EWI
As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity.
Monday, August 24, 2009
Why Elliott Wave Counters Can't Stop the Stocks Bull Market / Stock-Markets / Elliott Wave Theory
By: Michael_Swanson
Before I get into what we need to think about this week for the stock market I want you to go back to last weekend and imagine what you heard people saying on television about the stock market. Did you hear negative talk or positive talk?
What I heard was a lot of people talking about a big correction coming. People saying the economy is going to continue to slide, the stock market has gone up too much, and even some Elliott Wavers calling for a Fall stock market crash.
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Saturday, July 11, 2009
Top 10 Elliott Wave Theory Investing, Trading and Analysis Resources Special / Stock-Markets / Elliott Wave Theory
By: Newsletter
The worlds foremost elliott wave theory based forecasting firm, Elliott Wave International (EWI) has made available their key reports, ebook's and analysis of the financial markets and economy for FREE to our readership, this special report lists the key must read resources in the order of importance. ALL of the resources can be accessed freely on registering only ONE email address with EWI.
Friday, July 03, 2009
Elliott Wave International Financial Forecasting Service Discount Offer / Stock-Markets / Elliott Wave Theory
By: EWI
Greetings,
Have you heard the news …
"Wall Street Returns to Health," a mainstream media website declared last week.
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Thursday, May 28, 2009
Crude Oil and the US Dollar Elliott Wave Analysis / Commodities / Elliott Wave Theory
By: Dan_Stinson
The USD is in wave b down, currently in wave 5 of (C). We should see further downside before a strong rally in wave c up. Crude is in wave b up, currently in wave 5 of (C). Crude is an excellent example of a bear market correction, since we would want to see at least 3 waves (an abc) complete from the peak. If you are not familiar with Elliott Wave, you can examine the completed decline on any chart that has had a parabolic advance in a so called bubble. The decline completes as 3 waves, with wave b up, as the bear market rally. This rally also coincides with the other markets.
Friday, March 06, 2009
Nasdaq Stock Market 21 Year Elliott Wave Pattern Forecast / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Desperately Seeking Stability - At the worst of the two-year dot.com bust, the NASDAQ registered a 78% peak to trough decline. In the following five-years spanning 2002-2007, though the market came nowhere near reclaiming its former value, it nonetheless posted a 158% five-year trough to peak bull market return. Read full article... Read full article...
Friday, February 27, 2009
Robert Pretcher's Greatest Trade Ever! Stocks Bear Market Could See Spike Higher / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
With the Dow trading some 50 points lower today at 7120, earlier in the week, the 30 year veteran technical analyst, Robert Prechter announced both in his Elliott Wave Theorist newsletter and publicly on Bloomberg TV that he was covering his stocks bear market short position call that he recommended to subscribers over 18 months ago when the Dow was trading at 13,900. Read full article... Read full article...
Thursday, January 22, 2009
Stock Market 2009 Elliott Wave Count Analysis / Stock-Markets / Elliott Wave Theory
By: David_Petch
The short-term Elliott Wave count of the S&P 500 Index is shown below, with the preferred count shown in colour and the alternate count shown in grey. For the preferred count to be correct, wave [b] of a triangle MUST be forming at present, and follow through to wave [e] for completion to form wave XX before starting wave Z…this pattern represents a triple combination that would allow the broad stock markets to rise into mid March/early April 2009. Read full article... Read full article...
Saturday, January 10, 2009
Stock Market Mega-trend Super-cycle Wave IV / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Working out the largest of Big-Picture Visions - The equity price-chart below is a compilation of data points starting with the British All shares Index (1693-1853), the Clement Burgess Index (1854-1895), and then spliced using ratio multipliers with the Dow Jones Industrial Average from 1896 to present. The 315-year result is the longest contiguous record of equity prices in the history of Humankind.Read full article... Read full article...
Saturday, January 03, 2009
Stock Market Wave 4 Rally Scenario Intact / Stock-Markets / Elliott Wave Theory
By: Mike_Shedlock
The "wave 4 theory" is alive and fine. Here is the chart from December 8th Bullish Looking Charts: S&P 500, Nasdaq, BKX describing possible targets for Wave 4.
In Elliott Wave terms we are looking for a "wave [4]" bounce. The short term implications are bullish with possible retrace targets of 1008 for a 38.2% retrace or 1090 for a 50% retrace of "wave [3]". The long term implications are rather nasty. Our "Wave [5]" target back down is approximately 600.
Read full article... Read full article...
Friday, December 19, 2008
Stock Market Crash Wave Count Update / Stock-Markets / Elliott Wave Theory
By: Mike_Shedlock
Catch A Wave - Brian Wilson, Beach Boys: Catch a wave and you're sittin' on top of the world. There is another interpretation of "catch a wave". That interpretation is Elliott Wave. I talked about waves at length on October 10th in S&P 500 Crash Count .
Read full article... Read full article...
Monday, October 27, 2008
Global Stock Markets Contagion Blowback / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
From GLOBAL CONTAGION April 26, 2006
“A highly deceptive global contagion of the bullish kind appears well underway”
“The basic concept of meeting the demands of large growing populations with finite world resources has always been one of extreme challenge and controversy.
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Saturday, August 30, 2008
Trading the Stock Market and Commodities With Elliott Wave Theory / Stock-Markets / Elliott Wave Theory
By: Dominick
Readers who've joined and finally understand what we do at TTC, and how we do it, often tell me they used to see these updates every week but just couldn't believe we were actually making in real time all the trades they contained. It seemed too implausible that week after week we'd find easy trades in various markets and buy tops and sell bottoms with such frequency.Read full article... Read full article...
Thursday, July 17, 2008
Commodity Market Forecasts for Soft's, Agricultural's and Livestock / Commodities / Elliott Wave Theory
By: Nadeem_Walayat
We're excited to announce that our friends at Elliott Wave International have made available to our readership a FreeWeek of expert
commodity
forecasting services until noon Wednesday,
July 23.
Read full article... Read full article...
Sunday, June 08, 2008
Stock Market Boom or Bust? / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Two Sides to Every Argument: From an Elliott Wave perspective, one can argue with good cause, that the Dow Jones Industrials are en-route toward retesting the depths of their 2002 bear market lows. The magnification of weekly closes from the October 2007 top, display a textbook series of impulsive declines at three degrees of trend. Case closed:
Read full article... Read full article...
Monday, May 19, 2008
Dow Transports Hitting New All-time Highs / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Before we begin our look at the roaring Transportation average, we would like to return your attention to our previous week's article entitled “ Spring-Break ”. Last week's piece did a fine job of calling a precise short–term tradable low in the Dow.
Below we re-present the chart from last week's article. Within that article, previous guidance suggested, “For select traders, proprietary criteria also provided another exit or potentially early reversal signal near the close at 12734.” The follow-up chart illustrates how the reversal signal turned out to be a rather precise one, and by no means early.
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Saturday, April 19, 2008
Stock Market Trading Amid Travesty- Facts are Stubborn Things Part III / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Addressing the Cause and Effect of the Credit Crisis- Facts are Stubborn Things Part I
Central Banks' in Tatters- Facts are Stubborn Things Part II
Nothing new under the sun comes to mind when pondering whether financial markets are truly free. Beyond all related conjecture, it remains a stubborn fact that markets have always behaved in a way to perplex the majority of participants.
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Thursday, April 17, 2008
Stock Markets Headed Higher Into Summer / Stock-Markets / Elliott Wave Theory
By: David_Petch
So far the HUI turn date of Monday April 13thish was a few days late, but appears to be on course. The XOI and USD index also are playing out according to their respective Elliott Wave patterns. Analysis below discusses what to expect in the S&P over the course of the next few months. One side note, we have implemented all charts on our site going forward to be HTML coded so that a much larger version is available at the click of a mouse. Read full article... Read full article...
Sunday, February 24, 2008
Stock Market Update: Know When to Hold ‘Em / Stock-Markets / Elliott Wave Theory
By: Dominick
This continues to be a trader's market, no doubt about it. When it takes three months for the market to swing a hundred points in any one direction, but you can get 30 points in an hour, this is clearly not time to buy and hold.
The problem for many, though, is that they simply don't know how to trade short time frames and most subscription services don't specialize in real time analysis. Not so with TTC! Read on to see how we traded this past Friday and what it really means to be unbiased in this topsy-turvy market.
Read full article... Read full article...
Sunday, February 24, 2008
Oil and Gold Inflation Assets Hit New All-Time Highs / Commodities / Elliott Wave Theory
By: Robert_McHugh_PhD
This week saw both Gold and Oil hit new all-time highs. Gold rose to $958.40 on Thursday, February 21 st . Oil rose to $100.86 on Wednesday, February 20th . Silver also busted out higher, hitting $18.19 Friday, February 22 nd . In the face of deflating housing prices, stock prices, and high risk credit assets, gold, silver, and oil are flying high. What is going on? Read full article... Read full article...
Sunday, February 17, 2008
Stock Market Update: Blemishes on the Bears' Elliott Wave Count / Stock-Markets / Elliott Wave Theory
By: Dominick
Another week is now history and the bear case is looking worse for it. Not that the market can't go down from here, but if it does, it won't be the impulsive 3 rd wave for which so many have been waiting and waiting and waiting.Read full article... Read full article...
Sunday, February 03, 2008
Stock Markets Cleanse House of Speculative Positions / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Free-Market Dynamics vs. Statist Intervention In this particular round (likely the start of the 15 th ), one may assume that at present, the round is even on points. Free Market Dynamics have scored in breaching some minor structural under-pinning's of the artificially-engineered perennial Bull - and the Statists have scored in response - thus far placing a perceived “floor” against the free markets natural propensity to adequately cleanse abuse and excess.Read full article... Read full article...
Sunday, January 27, 2008
Plunge Protection Team Orchestrating a Stock Market Bottom? / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
A Work in Progress
Well, it is blatantly obvious that the (PPT) plunge protection team, presidents working group – or whatever they call themselves - found it necessary to intervene in the free-market in attempt to orchestrate a bottom.
Where are these guys when markets are a boiling-pot of unsustainable parabolic animal spirit? We suspect during such episodes, they are patting themselves on the back for planting the seeds for such bullish orgies
Read full article... Read full article...
Wednesday, January 23, 2008
Financial Market Forecasts - Elliott Wave International Free Week Access is LIVE! / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
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From Wednesday, January 23 at noon (EST) to Wednesday, January 30 at noon (EST), The Market Oracle visitors can read the latest short, intermediate and long-term market analysis for FREE, from the world's largest market forecasting firm.
Monday, December 31, 2007
Stock Market Trading 2008 - Resolved Price Interpretation / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
"Who is the judge? The judge is God... Why is He God? Because He decides who wins or loses, not my opponent ... Who is your opponent? He does not exist.... Why doesn't he exist? Because he is a mere dissenting voice of the truth I speak."
The above quote comes from the film “The Great Debaters” directed by Denzel Washington. The Great Debaters was inspired by Wiley College, a traditionally African-American school in Marshall, Texas, with Melvin Tolson, its iconic debate coach.
Read full article... Read full article...
Sunday, December 30, 2007
Stock Market Forecasts 2008 - FTSE, DAX and SPASX200 / Stock-Markets / Elliott Wave Theory
By: Robert_McHugh_PhD
The Australia SPASX 200 fell 11.00 points, or 0.17 percent, to 6,339.90 as of Friday, December 28th, 2007. Volume was 47 percent of its 10 day average. Downside volume led at 65 percent, with declining issues at 57 percent, with downside points at 51 percent in mixed trading. Demand Power fell 4 points to 400, while Supply Pressure fell 3 points to 420 , telling us neither side had strong conviction about the trend. Supply Pressure rose sharply above Demand Power Monday, December 17th, triggering an enter short positions signal, and remains there Friday. Read full article... Read full article...
Sunday, December 30, 2007
Stock Market Update: Work Ethic of an Unbiased Trader / Stock-Markets / Elliott Wave Theory
By: Dominick
I hope you had an enjoyable, restful holiday week. But, if you're like me you've been looking forward to the end of these shortened weeks and can't wait to get back to some heavy volume trading! Friday's close left the immediate term outlook very muddled with many different patterns still viable, but as usual we're content to show up day after day to trade whatever the market offers. All the ambiguity of the current setup means is that anyone who now says they know exactly what will happen next is probably wrong!Read full article... Read full article...
Monday, December 17, 2007
EWI view on the FTSE, Interest Rates and the Super SIV Subprime Rescue Fund / Stock-Markets / Elliott Wave Theory
By: EWI
Hey, Buddy, Can You Spare a Dime for the SIV Superfund? 12/7/2007 2:33:58 PM " Strange to see that Wall Street, which had no trouble raising money before the subprime mess and the ensuing credit crunch, is now scraping for 'spare change.' Here's why the superfund is a good idea for a few people but a bad idea in general. Read MoreRead full article... Read full article...
Sunday, December 16, 2007
Stock Market Update: Stop the Insanity! / Stock-Markets / Elliott Wave Theory
By: Dominick
After a rollercoaster week, the S&P closed Friday on the lows of the week with a head and shoulders pattern looming in the 15-minute and hourly charts. Monday morning will have to decide if this bearish pattern gets played out, but it's also up against our bullish setup, so only the trader prepared for either outcome is truly prepared!Read full article... Read full article...
Monday, November 12, 2007
The Trading Game - 150+ Years of Grand Super Cycle Advance is Still Alive and Well / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Classic Elliott Wave Theory implies that there are nine degrees of trend that drive the broad based indices.
The trend that most are concerned with is the long-term or Primary Trend.
Read full article... Read full article...
Friday, November 02, 2007
Sharp Drop in Stock Markets - A Mere Correction or Reversal? / Stock-Markets / Elliott Wave Theory
By: Anthony_Cherniawski
From its closing high peak on October 9, 2007 , the Dow Jones Industrials spent 8 days in decline and 8 days in a corrective rally. Assuming the up-trend from August to October may be over for now, where may the market go from here?Read full article... Read full article...
Monday, October 22, 2007
Market Myths Exposed - Free Video Series to Market Oracle Site Visitors / Stock-Markets / Elliott Wave Theory
By: EWI
I am happy to tell you about a brand new 3-part video series that should help you understand the financial markets.
The video series is called Market Myths Exposed. Here's the release schedule:
Read full article... Read full article...
Saturday, October 13, 2007
McHugh's London FTSE 100 Index , German DAX, and Australia Stock Market Forecasts / Stock-Markets / Elliott Wave Theory
By: Robert_McHugh_PhD
The London FTSE, German DAX, and Australia's SPASX200 are all approaching a top. The FTSE looks to be finishing a wave b-up inside a wave a-down, b-up, c-down for a correction of the recent multiyear Bull market. It is completing a Rising Bearish Wedged for wave b-up. Prices have exceeded the upper Bolling Band, two standard deviations above its 20 day moving average. It has also reached the 10 day average of each day's highs. These are normally places where tops occur. The same is true of the German DAX. Read full article... Read full article...
Thursday, October 11, 2007
Gold and Silver Short Term Forecast - Ending Diagonal Patterns / Commodities / Elliott Wave Theory
By: Dan_Stinson
The price action for Gold and Silver appears as possible ending diagonal patterns, indicating that a sharp pullback is possible. We were also following ending diagonal patterns for the DOW and SPX, which completed on Oct 11th (today). When ending diagonals complete they are followed by a sharp decline to the starting point of the pattern. The starting point is at the wave (4) low on the Gold and Silver charts below.Read full article... Read full article...
Sunday, September 30, 2007
UK FTSE 100 and Germany's DAX Index - Elliott Wave Stock Market Analysis / Stock-Markets / Elliott Wave Theory
By: Robert_McHugh_PhD
Both major stock markets are completing tops , and are about to start multi-week declines.
The London FTSE topped in July, 2007, and since has been tracing out the first two legs of an a- down, b -up, c- down Intermediate degree wave 2 decline. Wave b- up has retraced about 73.6 percent of the decline from July into August. That wave should complete soon. Then a strong decline, wave c- down should begin. A Fibonacci .786 retrace of wave a- down would take the FTSE up as high as 6,554.
Read full article... Read full article...
Sunday, September 16, 2007
Bullish Precious Metals, Crude Oil, and Gold Stocks / Commodities / Elliott Wave Theory
By: Robert_McHugh_PhD
As the Fed hyperinflates, sacrificing the Dollar to bail out a deteriorating economy, precious metals and Gold stocks are benefiting. Gold and the HUI are close to bullish breakouts.
Gold finished the Minor degree wave 3 of Intermediate degree 1 up on May 12th at $730.40. Gold 's Minor degree wave 4 is a Symmetrical Triangle , which is a consolidation pattern of the Minor degree wave 3 rally that started back in 2001 and extended into the May 12th, 2006 top. Waves a through e within wave 4 are complete. A break above $730 would confirm that the triangle is complete, and wave 5 up is underway, and would be a “buy” signal. We came close to that level this past week.
Read full article... Read full article...
Sunday, September 16, 2007
Stock Market Update: Trader's Best Friend / Stock-Markets / Elliott Wave Theory
By: Dominick
If last week kicked off the top of the ninth, then you could say we definitely saw some base hits and some runners advancing this week. You may have noticed we basically got a mirror image of the previous five days, finding a bottom on Monday and closing Friday near the highs. But, unless you're already a member of TTC , you probably didn't buy that Monday low. If you were like many, chances are you figured the bottom had dropped out after that employment number, that it was another 1987, or maybe we were about to get hit with another 9/11.Read full article... Read full article...
Saturday, September 15, 2007
Using Elliott Wave Theory to Forecast the Financial Markets / InvestorEducation / Elliott Wave Theory
By: EWI
In the 1930s, Ralph Nelson Elliott , a corporate accountant by profession, studied price movements in the financial markets and observed that certain patterns repeat themselves. He offered proof of his discovery by making astonishingly accurate stock market forecasts. What appears random and unrelated, Elliott said, will actually trace out a recognizable pattern once you learn what to look for. Elliott called his discovery "The Elliott Wave Principle," and its implications were huge. He had identified the common link that drives the trends in human affairs, from financial markets to fashion, from politics to popular culture.Read full article... Read full article...
Friday, September 14, 2007
Free September Issue of Elliott Wave International's Monthly Futures Junctures During September 07 Free Week Only / Stock-Markets / Elliott Wave Theory
By: Sarah_Jones
Elliott Wave International, the world's largest market forecasting firm, has just made available for FREE their current September issue of Monthly Futures Junctures publication. Read full article... Read full article...
Thursday, September 13, 2007
Free Access to Premium Elliott Wave Commodity Forecasting Resources / Commodities / Elliott Wave Theory
By: Sarah_Jones
We have great news from our friends at Elliott Wave International (EWI) … a FreeWeek of EWI's Commodity Forecasts is live until Wednesday, September 19 at noon EDT!
If you've participated in one of their FreeWeeks before, you know what to expect. If this is your first time, you're in for quite a treat!
Read full article... Read full article...
Tuesday, August 28, 2007
Elliott Wave Analysis of the AMEX Gold BUGS Index / Commodities / Elliott Wave Theory
By: David_Petch
After publishing the HUI last week, I have had a number of questions about my count. Surprisingly, out of 50 emails received, some 20 were wondering how valid the count was if it was analyzed in semi-log format. Most of the work I do for constructing wave counts are based upon analysis on the weekly charts in semi-log format. The software that I use for displaying the Elliott Wave charts does not have a semi-log function, so I must display them in linear format. With all of the emails, the entire article from last week is presented to hopefully subdue any queries (and my email box) anyone may have. Read full article... Read full article...
Sunday, August 12, 2007
Stock Market Elliott Wave Analysis : Intermediate Top Spotting / Stock-Markets / Elliott Wave Theory
By: Dominick
With volatility, illiquidity, and uncertainty roiling equity markets this week, we tuned out the pundits, removed bias, and traded the charts as they evolved and presented the set ups we identified over the weekend. Last Friday, as “Cramerica” was capitulating, we were looking for a tradable bottom, barring some sort of meltdown. To this effect, last weekend's update said:
“From here, Dom acknowledges that the bears must see Thursday's high as an abc for wave 2, making Friday's selling a wave 3, but this is a low probability setup. Dom's working count has this leg ending soon, but also critical levels where this count has to be abandoned. Remember, price levels are the key to trading here, not unconfirmed counts.”
Read full article... Read full article...
Saturday, July 28, 2007
Real Estate Trends Forecasting Online Course Using Elliott Wave Theory / Housing-Market / Elliott Wave Theory
By: Sarah_Jones
The Research Company that Predicted Current Real Estate Woes in 2005 Unveils New Online Course on Real Estate Trends
Elliott Wave International, the world's largest market forecasting firm, has just released it's much-anticipated online investment course on real estate trends, entitled Learn to Anticipate Real Estate Trends – For Buyers, Builders, Bankers and Brokers .
Read full article... Read full article...
Saturday, July 14, 2007
Stock Market Update: Profit is the Only Real Portfolio Protection / Stock-Markets / Elliott Wave Theory
By: Dominick
Even the most casual market observers will have noticed Thursday's record-breaking explosion in stocks and Friday's new all-time highs in the S&P 500, but how many of them bought the bottom? And I don't mean piling into the momentum and squeezed out a profit. How many expected the move into the low and bought the gap down on Wednesday? My guess is that, even among all the professional traders and retail investors, the number who really did is very low.Read full article... Read full article...
Saturday, June 30, 2007
Erratic Range-bound Trading - Financial Markets Outlook / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
As the financial sphere and all of its participants scramble to position themselves on the proper side of the next big move, the “house” goes about doing what it does best. Particularly over shorter periods of erratic range-bound trade, “the house,” (any consolidating broad-based index) becomes most intent upon confusing as many participants as possible.
Amid such chaos, the marketplace (by design) will efficiently assimilate a fair portion of the majority's active trading capital in what is for most traders, a rather frustrating price-discovery process. Perhaps this chronic frustration is origin to a denial-based allusion that “the market is always right.” We also ponder if such mechanics are a suitably alternate way in which to perceive the “efficient market hypothesis.”
Read full article... Read full article...
Saturday, June 23, 2007
Whispers of Instability in the Financial Markets / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
There is little doubt that maturing institutionalized paradigms, which foster mounting imbalances of epic proportion, persist in the invisibly slow and torturous erosion across the fabric of collective cultural unity. When mounting imbalances inevitably turn unstable, one may surmise that dwindling unity and collectivism will be reserved for smaller and smaller cultural segments, and eventually dispersed amongst only the most vital of forces who feed upon it - namely the minority of embedded institutions who are most enriched by such deeply layered maladies.Read full article... Read full article...
Monday, June 18, 2007
Financial Market Forecasts - Runaway BULL? / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
Coming off a highly erratic two-week period, with certain indices revisiting old territory, and others moving into uncharted waters, one must conclude that the financial sphere is obviously a bit insecure here.
Is a runaway bull upon us, or is this a last thrash of erratic house cleaning by the shopkeepers? In due course, we shall know whether this bull has legs, or if it is a mere fish-out-of-water – in the throws of its last rally spasms toward sheer exhaustion.
Read full article... Read full article...
Saturday, June 02, 2007
Stock Market - June Swoon / Summer Rally / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
"The Raging Bull" we spoke of a couple of weeks ago, appears to have taken up permanent residence across many sectors of the financial sphere. This bull has been relentless, cunning, and quite masterful in dealing with the plethora of participants who have been eagerly anticipating some type of correction – if not an outright crash!
After 11-weeks of nothing but blue sky, we suspect this bull may simply be growing bored of the dominance it imposes upon bears at will. Perhaps a couple of weeks respite in June ought to be a minimum at which this easily antagonized bull may once again become angered, electing to resume its deceptive charge with renewed fury.
Read full article... Read full article...
Friday, May 18, 2007
Elliott Wave on the Dow Jones Index - Ending Diagonal Pattern / Stock-Markets / Elliott Wave Theory
By: Dan_Stinson
Short Term Forecast
The DOW and S&P500 are in ending diagonal patterns, indicating that the rally is near completion in a terminal pattern. We should see further choppy upside to complete the pattern, but when ending diagonals complete they are followed by a sharp decline to the starting point of the pattern. The ending diagonal patterns began on May 1st, so we should see a sharp decline to the price action near this date. We then would expect to see a corrective rally in wave 2 up not to make a new high, before further substantial downside.
Read full article... Read full article...
Monday, April 30, 2007
Re-Scaling Global Stock Market Perception / Stock-Markets / Elliott Wave Theory
By: Joseph_Russo
BACKDROP
In April of 2006, we were quite aware of the parabolic price movements taking place amid numerous global equity markets. We weighed in on the matter with a piece entitled Global Contagion.
On September 14, 2006 with the Dow trading at the 11,500 level, Elliott Wave Technology forecast an imminent critical mass building within the Industrial Average. At the time, we shared those observations in our presenting Equity Markets Approach Critical Mass .
Read full article... Read full article...
Monday, April 23, 2007
Navigating the HUI (Gold Bugs Index) Using Elliott Wave Theory / InvestorEducation / Elliott Wave Theory
By: Joseph_Russo
Providing a consistently accurate road map for traders and investors is both a rewarding and challenging responsibility that we passionately embrace. We approach our calling as though legally bound by the highest of fiduciary standards.
Although it is clearly impossible for one to know with any level of certainty how and when prices will move within a given series, this article will provide testament that it is indeed plausible to attain a distinct advantage, and actionable level of foreknowledge relative to dynamic price evolution in both time and amplitude.
Success in the two separate endeavors of trading and analysis is by no means failsafe or a sure thing. To the contrary, trading losses, and failed forecasting signals generously populate the real life experience of the most successful traders and analysts. In this business, no individual, method, or system can get things right all of the time. Within the chart archives below, we will provide such examples of real-world challenges and triumphs.
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Sunday, April 22, 2007
Stocks & Commodity Markets Elliott Wave Analysis - Nonstop, Straight to the Top / Stock-Markets / Elliott Wave Theory
By: Dominick
I'm sure by now many traders have noticed what's really been going on. It sure does feel as though the capitulation phase I've been waiting to see may be upon us, as this was a brutal week for anyone stuck in a short position from the February top. Or from any of the inviting diversions along the rally from the March lows.
That's just the market doing what it's done ever since its doors opened – it'll get every bear to cover and stop shorting, while getting the late bulls long, as the train appears to be leaving.
Read full article... Read full article...
Friday, April 20, 2007
Elliott Wave Analysis of Gold - A Word of Caution for Gold Bulls / Commodities / Elliott Wave Theory
By: Nadeem_Walayat
Gold in recent days has flirted with resistance above $690, currently having retraced from the initial attempts at a breakout higher.
From time to time, so as not to get suckered into a wrong analysis or wave count of a market based on relying too much on ongoing 'updated' analysis. I like to take a fresh chart of a market, in this case of Gold, and see what actually stands out clearly at this point in time, a Fresh view so to speak.
What is the 'Fresh' current chart of Gold telling us, especially in terms elliott wave analysis ?
Read full article... Read full article...
Thursday, April 19, 2007
Free Access to Elliott Wave Internationals Premium Financial Forecasting Service has Started! / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
We at Market Oracle have been able to secure FREE exclusive access for all readers of the Market Oracle website to Elliott Wave.com's premium Financial Markets Forecasting services without any obligation as of now !.Read full article... Read full article...
Wednesday, April 18, 2007
Free Access to Robert Prechters Financial Market Forecasts / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
One of the most recognised experts in the field of elliott wave theory is Robert Prechter, who's work on understanding and applying elliott wave theory to forecasting of financial markets, now spans more than 30 years.
We at Market Oracle have been able to secure FREE exclusive access for all visitors to the Market Oracle website to Elliott Wave.com's premium Financial Markets Forecasting services without any obligation starting today at 1pm EST.
Read full article... Read full article...
Monday, April 16, 2007
Elliott Wave Theory and Financial Market Forecasts / Stock-Markets / Elliott Wave Theory
By: Nadeem_Walayat
Elliott wave theory in the hands of experienced professionals, has time and again shown itself as an important indicator of future trend, a road map that is constantly adjusted in the light of unfolding price action.
If you have been following the various articles on Elliott Wave theory at the Market Oracle website, you will have experienced the usefulness of elliott wave theory in projecting targets both in terms of price and time with also clear examples of how unfolding price action adjusts the wave count expectations.
In a recent lengthy article (16th April), one of our contributors Joseph Russo illustrated this in his unfolding analysis of Gold over several months, and how at each stage Elliott Wave theory gave important clues in terms of probable price action, as well as how to interpret price action that deviated from the probable road map.
Read full article... Read full article...
Monday, April 16, 2007
Elliott Wave Analysis and Forecast - Gold Boom and US Dollar Bust / Commodities / Elliott Wave Theory
By: Joseph_Russo
Introduction
After a short tirade inspired by the financial alchemy surrounding the world's reserve currency, we will quickly shift our focus to more stable realities.
Through a briefing of price charts, we will speculate on just how far the dollar can fall, and to what heights Gold may climb. In addition, Elliott Wave Technology will share with readers precisely how we have kept our trading clientele on the right side of a rather challenging Gold market from the print high of 730.40 in May 2006, through the violent, and choppy, year-long consolidation experienced since.
Gold Boom / Dollar Bust
As the U.S dollar threatens a two-year double-bottom re-test of its 2004 low, it serves as a timely reminder that the dollar remains firmly entrenched in a century long secular bear market. Some 15-years ago in 1992, the dollar hit it lowest levels striking prints south of 78.50. Last week, it slipped back below 82.00 breaching lows most recently recorded last year in December of 2006.
Sunday, April 15, 2007
Stocks & Commodity Markets Elliott Wave Analysis - Future's So Bright ! / Stock-Markets / Elliott Wave Theory
By: Dominick
Since I didn't write an update last week, I will go back to the April 1 st update to review where we had left off. In that update I had stated:
“This week, we might have the same situation, but on a smaller degree. Has the market topped out in a second wave retracement on March 23rd, or are we about to set a huge bear trap to finally get that run to new highs that sets up the classic capitulation?
As we've basically nailed these last two swings, we think we have the correct possible patterns and are waiting for a bit more price action to confirm. It might only take another day or two. I believe we will have a decent move within the next 20 points that we are ready to trade.”
Sunday, April 01, 2007
Stocks & Commodity Markets Elliott Wave Analysis - Show me the money! / Stock-Markets / Elliott Wave Theory
By: Dominick
Surprise, surprise, another volatile week. The bears got their big selloff, but it was in corn, not in the S&P's! Corn opened down lock limit as the S&P's created great trading opportunities for the “unbiased” trader.
As we ended 2006, I promised 2007 would be the year of volatility, and hasn't that been the truth?! It feels like only yesterday we were grinding up each day point by point. Friday's closing bell wrapped up March, as well as the first quarter, but investors who were pegged to the S&P are in for a surprise when they receive their quarterly statements. The S&P closed 2 points from its 2006 close.
Read full article... Read full article...
Sunday, April 01, 2007
Learn to Trade - RULES OF ENGAGEMENT (for the long haul) / InvestorEducation / Elliott Wave Theory
By: Joseph_Russo
In this, our last article in the public series, we will focus our attention on long-term broad market strategies for self-directed index investors. The Traders' Series is in development, and will be available on our website soon.
In addition to inviting index investors' to realize the power and convenience of Elliott Wave Technology's Interim Monthly Forecast , this article will present:
- The premise and composition for three types of long-term investment strategies
- Simple guidelines to which one must adhere in effectively deploying each • Pitfalls and risks if strategy disciplines are not implemented
- Long-Term Charts of the Japanese Nikkei and the NASDAQ Composite Index from 1982 through present
- An opening graphical summary of charts illustrating the results of Elliott Wave Technology's Pro-Active Long-Term Investment Strategy for the NASDAQ 100 from 1994 to present
- The easiest and most effective way for self-directed index investors to monitor, and automatically track EWT's ongoing Pro-Active investment strategies
Monday, March 12, 2007
Crude Oil Dynamic Price Action Technical Analysis over the last 9 months / InvestorEducation / Elliott Wave Theory
By: Joseph_Russo
After a wild ride from last years July top, what lies ahead for Crude Oil prices?
We'll get to the bottom of that rather “deep well” in our last price chart and closing comments. First, let's back up and take a look at what's happened to the price of Crude Oil from the near $80.00 spike high back in July of ‘06. This will give us a sense of price history, and will also reveal just how Elliott Wave Technology has been making clients HUGE PROFITS ever since . From July 13, 2006 through March 2, 2007 , position traders' using our analysis could have made a minimum of $38,000.00 per oil contract!
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Sunday, March 11, 2007
Stock & Commodity Markets Elliott Wave Analysis - 11th March 07 - The Magic Number / Stock-Markets / Elliott Wave Theory
By: Dominick
I'm sure there were readers who couldn't understand the bullish tone from last week's update after the S&P closed on the lows that Friday and looked as if it was about to fall off a cliff. There was plenty of talk last weekend of a “running flat” second wave.
Such a pattern is when the underlying trend is so strong that it overwhelms the correction and, in a decline, wave c is unable to exceed the peak of wave a. Monday's gap down should have ensured the doubters that this was in fact the correct pattern and that the trap door had been opened for the third of a third … again .
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Tuesday, March 06, 2007
A Chronological Account Leading Up to Tuesdays Stock Market Meltdown in the Dow Jones Index / InvestorEducation / Elliott Wave Theory
By: Joseph_Russo
The Power of Chart Technical Analysis and Price Forecasting - In the highly competitive and at times controversial, rough and tumble financial forecasting sphere, maintaining resident impartial disciplines, and "getting it right more often than not," is virtually the closest possible reality toward capturing the Holy Grail that we know of.
Trading, investing, and managing any sum of money is an inherently risky but highly rewarding endeavor. Traders and Managers of all stripes have "big money" on the line every day, year after year. Exposed in equal measure, open positions are continually subject to both inherent risks and substantial opportunities that evolve with the passage of time. Time is critical to this equation and waits for no one. Other than by way of mere chance, time is completely void of accommodation in facilitating individual outcome preferences. Time and price evolve dynamically irrespective of participants' collective time horizons or tolerance for risk. Given this, adopting a reliable primary or secondary financial forecasting source would check risk and balance profits in all time frames.
What follows are chronicled price charts of the Dow Jones Industrial Average leading up to the market meltdown of Feb-27, 2007:
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Sunday, March 04, 2007
Stock & Commodity Markets Elliott Wave Analysis - 4th Mar 07 - What a Difference a Day Makes / Stock-Markets / Elliott Wave Theory
By: Dominick
It's funny how one day can change everything for so many traders and investors. But at TTC we just did what we do every day and, as you're about to see, the strategy worked quite nicely!
First, we're still very proud to have ridden the bull market all the way up from last summer's lows, insisting each week that the ride wasn't over yet. After reaching the 1360 target on the SPX it was easy to say “done”, but I refused after reviewing literally hundreds of charts. Instead, I took the stance that a stronger, multi-decade Fib matrix target on the NYSE was asserting itself, and would need to be reached.
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