Pete Kendall, the co-editor of our flagship Financial Forecast publication, shows you parallels between today’s markets and 2008, the Great Recession’s worst year. FREE Report: Want the rest of this 5-minute interview with Pete Kendall? Hear it now — as part of our new report, State of the Global Markets Report — 2016 Edition: http://www.elliottwave.com/wave/SOG2016 […]
Wave summary: We are still looking for confirmation that wave [ii] is completed at 1.6236. A break above resistance at 1.6688 will confirm that this is the case and that a new impulsive rally in wave [iii] should be expected. As long as resistance at 1.6688 is able to protect the upside, we must allow […]
Wave summary: The break below the low of wave a at 122.42 has confirmed our suspicion that an expanded flat correction is unfolding. The normal relationship between wave a and b is that wave b becomes 138.2% longer than wave a, which calls for a decline in wave b to 121.43 before wave c higher […]
FREE Report: Want the rest of this 7-minute interview with Brian Whitmer? Hear it now — as part of our new report, State of the Global Markets Report — 2016 Edition: http://www.elliottwave.com/wave/SOG2016 Learn How the Wave Principle Can Improve Your Trading Related Posts:Banks Q1 earnings: Weak results despite stock outperformance… April 10, 2024 US banks kick off […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1601-Start-2016-Right.aspx Should stock market bulls worry if a Democrat takes the White House in 2016? Or, should they celebrate if a Republican wins? We answer both questions with a chart that might surprise you. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… April […]
Wave summary: The break below the former low at 1.6338 called for more downside pressure towards 1.6108. Till now we have seen a decline to 1.6236 from where a new rally has been seen. The question becomes whether this decline was enough or more downside pressure should be expected? It could have been enough, but […]
Wave summary: The correction in wave b towards at least 127.41 seems to be well underway. Short term, we expect minor support at 123.38 to protect the downside for the next upside pressure through 125.01 for a continuation higher to 125.56 and 127.41. A break below support at 123.38 will call for a retest of […]
Want the rest of this 6-minute interview with Mark Galasiewski? Hear it now — as part of our new, free report, State of the Global Markets Report — 2016 Edition: http://www.elliottwave.com/wave/SOG2016 Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDJPY rallies to another fresh 34-year… April 15, 2024 USDJPY surpasses […]
Want the rest of this 7-minute interview with Steve Hochberg?Hear it now — as part of our new, free report, State of the Global Markets Report — 2016 Edition: http://www.elliottwave.com/wave/SOG2016 Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDJPY rallies to another fresh 34-year… April 15, 2024 USDJPY surpasses 154.00 […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1601-Start-2016-Right.aspx Some financial authorities want to take away your cash. Now is the time to find a safe place to store your greenbacks. See a chart that shows how “deflation is winning.” Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Is the US 500 cash index at the start… November […]
(Interview) Why You Need the Wave Principle in YOUR Toolbox, Too New insights from our senior instructor and Chief Commodity Analyst, Jeffrey Kennedy By Elliott Wave International Learn more about our Chief Commodity Analyst, Jeffrey Kennedy, and what he thinks makes Elliott wave principle so compelling: Namely, that it puts price action into context of […]
Wave summary: After an attempt to retest the low at 1.6338 a failure was seen and a quick rally higher to test resistance at 1.6653. We do think that a firm bottom has been seen at 1.6338 and a new impulsive rally in wave 3 now is developing for a rally towards 1.8731. However, to […]
Wave summary: The decline has been stronger than expected and took out the ideal target at 124.00 with force indicating underlying strength. That said, the final part of this decline has shown some real weakness and we still feel that a bottom could be seen anytime now. To indicate that a bottom could be in […]
Our Senior Currency Strategist talks about an “interesting” setup in EURUSD. Learn more: http://www.elliottwave.com/wave/Martens Learn How the Wave Principle Can Improve Your Trading Related Posts:Week Ahead – More inflation data on the way as rate cut bets… April 12, 2024 CPI numbers due in the UK, Japan, Canada and New…Technical Analysis – EURUSD plummets after […]
Learn more about our Chief Commodity Analyst, Jeffrey Kennedy, and what he thinks makes Elliott wave principle so compelling: Namely, that it puts price action into context of a larger trend. Learn more: http://www.elliottwave.com/r.asp?rcn=ytvideos1503&url=http://www.elliottwave.com/more_info/commodity-junctures.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based on simplified wave analysis for… April 15, 2024 […]
Wave summary: Our fear of a decline to strong support at 1.6473 came true. With a low at 1.6338, all requirements to the correction in wave [ii] has been fulfilled and now we will be looking for signs that wave [iii] higher towards at least 1.7817 and more likely even higher towards 1.8731 is ready […]
Wave summary: With a low at 123.69, our ideal target for wave a at 124.00 has been reached. Now , we will be looking for signs of wave b taking over for a rally back towards the channel resistance-line near 130.00. Just a word of caution is in place for wave b. It does not […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1601-Start-2016-Right.aspx Since 2008, crude oil investors have become bullish at each top and bearish at each bottom. Recently, even oil industry insiders have expressed extreme bearishness. Yet, on Feb. 22, U.S. crude soared nearly 7%. Get our perspective. Learn How the Wave Principle Can Improve Your Trading Related Posts:GBP/USD. Analysis for October 25th. Patrick Harker […]
Housing: At the Edge of Another Huge Cliff? By Elliott Wave International Editor’s note: You’ll find a text version of the story below the video. Time and again, we’ve said that financial markets do what they do despite the Federal Reserve. When the central bank raised its key rate in December for the first time […]
Wave summary: The very complex correction since the 1.7273 high is still unfolding and the recent failures to break out towards the upside does indicate that a flat correction is unfolding in wave [ii]. This calls for a little more downside pressure to 1.6475 before the next impulsive rally higher towards 1.7273 on the way […]
Wave summary: We have finally seen a clear break below important support at 126.05 calling for a continuation lower to 124.00 to end wave a of the very complex triple three zig-zag correction that has been unfolding since the 141.04 high. Short term, we expect minor resistance at 125.57 and more importantly support at 125.90 […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1601-Start-2016-Right.aspx In December, most money managers hated gold. But the Wave Principle said gold was going higher. On Feb. 11, the yellow metal hit a one-year high. Now is the time to position your portfolio for gold’s next big move. Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1601-Start-2016-Right.aspx Real estate agents say that today’s near-record low mortgage rates means it’s a good time to buy a house. But is it? See a chart that debunks a common belief about housing prices, and learn about warning signs that are reminders of the 2006 housing bubble. Learn How the Wave Principle Can Improve Your […]
The complex correction in red wave ii continues to unfold. This correction is becoming almost impossible to read and is best left alone to resolve itself. A flat correction is likely to unfold below 1.6671 calling for a new decline closer to 1.6473 before a new impulsive rally should be expected. Only a direct breakout […]
No change seen in the chart. We keep looking for a continuation lower to 124.00 from where. A correction is expected. This correction could be pretty violent and move all the way higher to 130 from where the next decline closer to an ideal target at 119.90 is expected. Short-term resistance is seen at 127.41, […]
Wave summary: We still expect a break above resistance at 1.7042 and, more importantly, above 1.7273 which will result in acceleration towards 1.8020. As long as no clear break above 1.7042 is seen, we must accept the possibility of more consolidation in the 1.6835-1.7042 area. On a longer term basis, acceleration of upward movement is […]
Wave summary: We still expect a decline closer to the support line near 124.00 before a faster corrective rally can occur. In a short term, a break below 126.36 will confirm the expected downside pressure towards 124.00. Resistance is now seen at 127.36. This resistance will protect the upside for the break below 126.36. Trading […]
Wave summary: We continue to look for an upside acceleration. We observed the go signs stopped out of nowhere then, which is pretty frustrating, but every time we moved a little higher, so it should just be a matter of time before the real go sign is given. A breakout above resistance at 1.7273 is […]
Wave summary: A breakout below important support at 126.14 told us that the corrective decline is still unfolding. The decline from 141.04 has turned onto a very complex triple zig-zag correction and we are now in the final zig-zag correction towards 119.90 over coming weeks. As two other corrections were pretty hard to read, we […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1601-Start-2016-Right.aspx Professional investors made a huge bet against gold in December. We took the opposite stance. Money managers are now licking their wounds. The price of the yellow metal has climbed north of 22%. Position your portfolio for gold’s next big move. Learn How the Wave Principle Can Improve Your Trading Related Posts:Weekly forecast based […]
