New interview with Elliott Wave International’s Chief Commodity Analyst Learn How the Wave Principle Can Improve Your Trading Related Posts:U.S. Q3 growth outpaces forecasts despite economic hurdles October 26, 2023 In an unexpected turn, the U.S. economy in the third…Wall Street on the Rise: Reports and Forecasts That Changed… October 25, 2023 There’s positive movement […]
http://www.elliottwave.com/store/default.asp?itemid=93519 See why two groups of traders’ current activity in gold futures is extremely relevant. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDCAD reaches new 2024 high; could… April 12, 2024 USDCAD trades higher again, tests strong resistance level It is…Trading Signals for GOLD (XAU/USD) for April 11-15, 2024:… […]
Technical summary: We are still looking for a move lower to strong support near 1.7455 before the next strong rally higher towards 1.8682 takes place. In the short term, only a direct break above resistance at 1.8000 will invalidate a call for a little more downside towards 1.7455. The correction in wave ii has extended […]
Technical summary: A break below support at 134.98 has just added more confidence in a call for a continuation lower towards 132.23 and even lower to 131.45 before the extended correction from 141.06 is over. In the short term, the broken support at 134.98 will act as resistance, but even stronger short-term resistance is found […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx What do governments, overseas buyers of U.S. stocks, corporations and even millionaires have in common? Answer: All of them have shown lousy stock market timing. Our independent analysis keeps you ahead of market turns. Learn How the Wave Principle Can Improve Your Trading Related Posts:Financial future on the horizon: US stocks rise ahead of… […]
August 20 was the third consecutive down day for the Dow Industrials as the index tumbled 358 points. The U.S. stock market had managed to hover near record highs, even as other markets (oil, precious metals, housing) had long since fallen from old highs. The 34-year bull market in 30-year U.S. government bonds ended months […]
Before I get into the “why,” know that the residential real estate market never fully recovered. Annualized new home sales this past July stood at 507,000, vs. the July 2005 peak of 1.39 million. The chart and commentary from the August Elliott Wave Theorist offer: The percentage of Americans who own a home is still […]
In this new interview, Elliott Wave International’s Brian Whitmer explains the indirect connection between Europe’s volatility and deflation. Learn more: http://www.deflation.com Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDCAD reaches new 2024 high; could… April 12, 2024 USDCAD trades higher again, tests strong resistance level It is…Overview of the […]
Technical summary: Once again, strong resistance at 1.8000 managed to protect the upside pushing prices below support at 1.7649, which indicates a decline towards strong support near 1.7400 before a renewed upside pressure should be expected. Short-term resistance is seen at in the area of 1.7649 – 1.7690. This area should ideally protect the upside […]
Technical summary: We have seen a nice a strong decline from a high of 137.43 and now we will be looking for a break below important support at 134.98, which will confirm that wave z is developing lower. In the short term, we will see resistance at 136.13 protecting the upside for a decline towards […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx The Fed’s 2% inflation target remains elusive even after a prolonged period of near-zero interest rates. We see evidence of a rare economic trend that the Fed will be powerless against. See two charts that help to explain. Learn How the Wave Principle Can Improve Your Trading Related Posts:GBP/USD: Will sterling hold steady against […]
Watch the rest of this interview now, free! http://www.elliottwave.com/r.asp?rcn=ytvideos1503&url=http://www.elliottwave.com/club/signup/default.aspx?id=104376&articleid=5864 Learn How the Wave Principle Can Improve Your Trading Related Posts:Will US retail sales add juice to the dollar’s rally? –… April 12, 2024 US retail sales will hit the markets at 12:30 GMT…Market Comment – Dollar pulls back; ECB sends clearer cut… April 12, 2024 […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx An Elliott wave triangle is a chart pattern which appears as a sideways movement on a price chart and is usually associated with decreasing volume and volatility. The next move is usually explosive! This chart shows you that this pattern is potentially developing in U.S. stocks right now. Learn How the Wave Principle Can […]
Technical summary: We do not see any changes here as we are still looking for a firm breakout above resistance at 1.7996 in order to perform the next rally higher to 1.8289 and even high to 1.8702 in wave iii of (v). In the short term, we expect minor support at 1.7777 to protect the […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Something unprecedented has just occurred in the stock market. A researcher calls this market action “unheard of” and we believe you should prepare for more of the same. Two charts are instructive. Learn How the Wave Principle Can Improve Your Trading Related Posts:Market Comment – Stocks climb after sizzling US jobs report April 8, […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx U.S. housing prices remain far below their 2005 highs. Even so, we see evidence that investors have re-kindled the old real estate mania. Their timing may prove financially disastrous. Learn How the Wave Principle Can Improve Your Trading Related Posts:Energy in Focus: What news awaits investors on Wall Street April 15, 2024 US stocks […]
What you’re looking at is a picture of… failure Learn How the Wave Principle Can Improve Your Trading Related Posts:Bearish Head and Shoulders pattern in NVDA stock chart… October 27, 2023 Blue line- neckline supportOrange lines- Head and shoulders patternNVDA stock…
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Many investors believe that the Federal Reserve holds sway over markets and the economy. But a former chairman of the U.S. central bank says monetary policy cannot solve everything. See a chart that shows what central bankers are up against. Learn How the Wave Principle Can Improve Your Trading
Technical summary: A triangle formation should be finished soon. We still belive that this is a wave (iv) triangle and that it will call for a thrust out of the triangle towards the upside. A break above resistance at 1.7881 will confirm the upside thrust. Of course, it can turn out to be a B-wave […]
Technical summary: A rally from a low of 132.19 is stronger than expected, so the question is whether wave 2 ended at 132.19 or we just saw a lower wave Y? The possible S/H/S top is also in danger invalidation. If this rally is terminated or gets close to termination near 134.75 for a break […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Should investors base market decisions on fundamental or technical analysis? A new study sheds light on this important question. Learn how the Elliott wave model helped prepare our subscribers for the recently ramped up market volatility. Learn How the Wave Principle Can Improve Your Trading Related Posts:Video market update for April 15, 2024 April […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1508-Pick-Up-Prechters-New-Theorist.aspx This simple market indicator warned of reversals in stocks in 2000 and 2007. Watch. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – Is the US 500 cash index at the start… November 3, 2023 US 500 cash index trades sideways today after strong rally…Bitcoin Cash in range pattern October […]
Technical summary: There is still no verdict here. As long as support at 1.7103 stays intact, one more rally higher to 1.9023 and above can not be excluded. To confirm a new rally higher towards 1.9023, a break above minor resistance at 1.7743 and more importantly a break above resistance at 1.7896 should be seen. […]
Technical summary: A break below 133.27 confirmed that correction from 141.06 is still unfolding and should move lower to 131.63 as the next downside target. The short-term former support at 133.27 will act as resistance now , but even in case of a breakout the back-up resistance will be found at 133.67, which is expected […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx Japan’s economic glory days in the 1980s now looks like ancient history. Indeed, some analysts say the outlook is so grim that a worst-case scenario is inevitable. Learn How the Wave Principle Can Improve Your Trading
Technical summary: An uptrend is still firmly in place. Important support at 1.7103 seems to be far away and the preferred Elliott Wave count is moving towards a final high above 1.9023. A short-term breakout above minor resistance at 1.7945 will confirm a continuation higher towards 1.9023 and even above. That said, the top of […]
Technical summary: We can see a new sideways consolidation which is taking place in the chart. This consolidation does look like the former consolidation, which resulted in a downswing. It does not mean that this consolidation has to result in a new swing down. A break below support at 134.63 will call for a move […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/free_newsletters/free_newsletters-ind.aspx August was the worst month for the Dow in five years, yet many investors remain optimistic about stocks. If a bear market has started, history shows that many of these investors will hold all the way down. Take a look at a chart that is most revealing. Learn How the Wave Principle Can Improve […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/1508-Pick-Up-Prechters-New-Theorist.aspx Watch: Proof that high investor complacency leads to high market volatility. Learn How the Wave Principle Can Improve Your Trading Related Posts:Week Ahead – ECB decision and US inflation to fuel FX… April 7, 2024 Central bank decisions in Eurozone, Canada, and New Zealand Highlight…Weekly Forex Outlook: 05/04/2024 – ECB decision and US… April […]
Technical summary: As long as important support at 1.7103 protects the downside, a bullish case can be made for one final rally that ideally should break above the wave iii higher at 1.9023. The wave iii high at 1.9023 is far away and we think that the possible risk of a fifth wave failure is […]
