When Do “Wealth Disparity” Alarms Ring the Loudest?

A new study shows that the net worth of the typical U.S. household has taken a big slide while the rich have grown richer. Wealth disparity alarms often coincide with major financial tops. Consider 1929, 2000 and 2007. Enjoy this video from Elliott Wave International. Learn more at http://www.elliottwave.com. Learn How the Wave Principle Can […]

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Why the Idea That Strong Economy Is Bullish for Stocks Is False

Written Text here: http://www.elliottwave.com/freeupdates/archives/2014/07/25/Why-the-Idea-That-Strong-Economy-Is-Bullish-for-Stocks-Is-False.aspx#axzz388XVtCsj Economists argue that improving U.S. economy is bullish or stocks. On the surface, it’s a perfectly logical argument – and it just feels right. The problem is that the reality does not support this claim. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – USDCHF trims gains […]

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U.S. Deflation is Only a Few Time Zones Away

The financial media rarely talks about deflation. But, if history is set to repeat, the word will eventually dominate conversations. See a chart that should concern everyone in the U.S. Enjoy this video from Elliott Wave International. Learn more at http://www.elliottwave.com. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – JP225 […]

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Elliott wave analysis of EUR/NZD for July 25, 2014

Today’s support and resistance levels: R3: 1.5812 R2: 1.5775 R1: 1.5742 Current spot: 1.5706 S1: 1.5681 S2: 1.5659 S3: 1.5618 Technical summary: With the break above the base-channel, we should expect acceleration towards the upside soon. The next target is at 1.5812, but it could easily move beyond that target. In the short term, we […]

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Elliott Wave Analysis of EUR/JPY for July 25, 2014

Today’s support and resistance levels: R3: 137.50 R2: 137.34 R1: 137.19 Current spot: 137.10 S1: 136.97 S2: 136.81 S3: 136.64 Technical summary: We have seen the expected rally in red wave iv. It should be just a matter of time before this correction is over. As long as support at 136.97 protects the downside, we […]

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U.S. Deflation is Only a Few Time Zones Away

The financial media rarely talks about deflation. But, if history is set to repeat, the word will eventually dominate conversations. See a chart that should concern everyone in the U.S. Enjoy this video from Elliott Wave International. Learn more at http://www.elliottwave.com. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – JP225 […]

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Elliott wave analysis of EUR/NZD for July 24, 2014

Today’s support and resistance levels: R3: 1.5831 R2: 1.5756 R2: 1.5708 Current spot: 1.5675 S1: 1.5650 S2: 1.5598 S3: 1.5561 Technical summary: The correction in wave ii moved a little lower than the expected 1.5485 (the low came in at 1.5443), but the following rally is most encouraging and calls for a continuation in wave […]

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Elliott wave analysis of EUR/JPY for July 24, 2014

Today’s support and resistance levels: R3: 137.00 R2: 136.73 R1: 136.60 Current spot: 136.45 S1: 136.36 S2: 136.25 S3: 136.09 Technical summary: Not much news to add here. We are still looking for a correction to just below 137.34 to end red wave iv and set the stage for red wave v lower to 135.49. […]

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Today’s Housing Price Trend is “Strikingly Similar” to the 1920s

Text version here: http://www.elliottwave.com/freeupdates/archives/2014/07/23/Today-s-Housing-Price-Trend-is–Strikingly-Similar–to-the-1920s.aspx#axzz38K64QW4F In the housing sector, yesterday’s buyer’s market has morphed into today’s seller’s market. Beware of the partial recovery in housing prices. Today’s real estate trend is “strikingly similar” to the 1920s. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis of Daily Price Movement of Ethereum… May 26, […]

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Elliott wave analysis of EUR/NZD for July 23, 2014

Today’s support and resistance levels: R3: 1.5573 R2: 1.5539 R1: 1.5513 Current spot: 1.5487 S1: 1.5485 S2: 1.5465 S3: 1.5447 Technical summary: As resistance at 1.5598 protected the upside, the correction from 1.5627 went for the lower part of the correction target area near 1.5485. When this support is tested, the wave ii correction has […]

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Elliott wave analysis of EUR/JPY for July 23, 2014

Today’s support and resistance levels: R3: 137.00 R2: 136.73 R1: 136.60 Current spot: 136.55 S1: 136.45 S2: 136.25 S3: 136.09 Technical summary: Look for a move slightly lower to 136.09 to end blue wave v and set up a correction back to just below the top of blue wave iv at 137.34. From just below […]

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6 Charts That Tell You a Lot About Today’s Markets

Text version here: http://www.elliottwave.com/freeupdates/archives/2014/07/22/6-Charts-That-Tell-You-a-Lot-About-Today%e2%80%99s-Markets.aspx#axzz388XVtCsj Here at Elliott Wave International, we know the importance of looking at market indicators that other researchers sometimes overlook. For example: When’s the last time you heard someone in the mainstream finance discuss credit default swaps? Well, our Short Term Update subscribers got a fresh look at the recent trend in […]

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How to Find Opportunities in the Currency Markets

Elliott Wave International’s Senior Currency Strategist Jim Martens recorded this 18-minute interview on July 18. Jim, a conservative trader, likes to trade in the direction of the trend. In the interview, he uses an example in the Euro to explain how a trader can join the trend once a move has begun. Join us July […]

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Elliott wave analysis of EUR/NZD for July 22, 2014

Today’s support and resistance levels: R3: 1.5657 R2: 1.5628 R1: 1.5598 Current spot: 1.5581 S1: 1.5553 S2: 1.5540 S3: 1.5510 Technical summary: We are currently looking for a break above minor resistance at 1.5598 as confirmation that the next impulsive rally higher to 1.5885 is developing. However, as long as this minor resistance at 1.5598 […]

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Elliott wave analysis of EUR/JPY for July 22, 2014

Today’s support and resistance levels: R3: 137.50 R2: 137.42 R1: 137.34 Current spot: 137.29 S1: 137.20 S2: 137.11 S3: 137.00 Technical summary: We have seen a correction to 137.34 (well below the 137.50 maximum). Now, we are looking for a break below minor support at 137.20 to confirm that the correction is over and the […]

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Does Fibonacci Analysis Reveal the Stock Market Trend?

http://www.elliottwave.com/freeupdates/archives/2014/07/21/Does-Fibonacci-Analysis-Reveal-the-Stock-Market-Trend.aspx#axzz388Ul2G7M The Fibonacci sequence governs wave formations in the stock market. The new double issue of The Elliott Wave Theorist says the day has arrived “when you can see both the structure and the time and price relationships clearly, and everything falls into place. Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical […]

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Elliott wave analysis of EUR/NZD for July 21, 2014

Today’s support and resistance levels: R3: 1.5628 R2: 1.5598 R1: 1.5557 Current spot: 1.5534 S1: 1.5513 S2: 1.5485 S3: 1.5465 Technical summary: We have seen the expected correction in wave ii. This correction has tested the minimum target at 1.5513 (the low till now has been at 1.5510). As long as minor support at 1.5598 […]

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Elliott wave analysis of EUR/JPY for July 21, 2014

Today’s support and resistance levels: R3: 137.42 R2: 137.29 R1: 137.16 Current spot: 137.07 S1: 136.93 S2: 136.77 S3: 136.71 Technical summary: After testing the channel support line, we are looking for a minor consolidation just above this support line before the next decline lower to the equality target at 134.34, where wave C will […]

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New Market Research Puts Spotlight on 1929, 1999 and 2014

A new research report highlights the years when the U.S. stock market has been overvalued by 50% or more (in each case the outcome was the same). With that in mind, consider that today’s U.S. stock market valuation is the third highest ever. Enjoy this video from Elliott Wave International. Learn more at http://www.elliottwave.com. Learn […]

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How to Find Trading Opportunities in Currency Markets

In this just posted interview, EWI Senior Currency Strategist Jim Martens uses recent price action in EUR/USD to show you how to use the Elliott Wave Principle to find trading opportunities in currencies. Tune in to EWI’s first-ever Pro Services Open House, July 23-30! Learn How the Wave Principle Can Improve Your Trading Related Posts:Analysis […]

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Don’t Drink and Shoot While Trading Crude Oil

http://www.elliottwave.com/freeupdates/archives/2014/07/17/Don-t-Drink-and-Shoot-While-Trading-Crude-Oil.aspx#axzz37oJEZg63 When the week began on Monday July 14, crude oil’s fundamental backdrop was overwhelmingly bearish. Yet, from its 99.01 low on July 15, crude prices shot up in a powerful surge. That morning, EWI’s Energy Pro Service used Elliott wave analysis — not the news — to gauge where the market was headed. Spoiler […]

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Elliott wave analysis of EUR/NZD for July 18 – 2014

Today’s support and resistance levels: R3: 1.5706 R2: 1.5650 R1: 1.5627 Current spot: 1.5571 S1: 1.5536 S2: 1.5513 S3: 1.5485 Technical summary: We have seen the first minor five wave rally from 1.5398. Now, we will be looking for a correction towards the 1.5485 – 1.5513 area, before the next impulsive rally higher towards at […]

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Elliott wave analysis of EUR/JPY for July 18, 2014

Today’s support and resistance levels: R3: 137.42 R2: 137.22 R1: 137.13 Current spot: 137.07 S1: 137.03 S2: 136.78 S3: 136.50 Technical summary: We have seen the expected move to 135.49 is still unfolding as predicted. We have seen a test of the channel support line near 136.71 and should expect a minor correction high to […]

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Let’s Play a Game

http://www.elliottwave.com/freeupdates/archives/2014/07/17/Let-s-Play-a-Game.aspx Please take a look at these two quotes. One is from 2007, the other from this year. See if you can guess which one is which… and yes, it is a tricl question. You’ll understand why in a minute. Learn How the Wave Principle Can Improve Your Trading Related Posts:USD/CHF: upside reversal in play […]

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Why the Fed’s Inflationary Policy Has Proven Impotent

Central banks control monetary policy but they cannot drive investor psychology. That’s why the economy continues to struggle after five-plus years of unprecedented stimulus. The deflationary psychology to come will have historically dire consequences. Enjoy this video from Elliott Wave International. Learn more at http://www.elliottwave.com Learn How the Wave Principle Can Improve Your Trading Related […]

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How Market Losers Think, and How to Stop Doing It (complimentary video resource)

We’ve never done this before. That’s the message we received from our friends at Elliott Wave International regarding a new, one-of-a-kind event that they’re hosting. On July 23-30, for 7 days only, they are “opening the doors” to the entire line of their intensive Pro Services — free. Pro Services are the most nimble, opportunity-rich, professional-grade forecasting services at […]

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Corporate Buybacks Bullish for Stocks? See for Yourself

Most investors see share buybacks as a positive. After all, corporations only buy their own stock because they are confident about the future. Which brings us to the most interesting thing about most buyback programs — their timing. Enjoy this video from Elliott Wave International. Learn more by visiting http://www.elliottwave.com. Learn How the Wave Principle […]

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(Video) Retail Money Market Funds Signal Reversal for the Stock Market

Editor’s note: The article below is adapted from the transcript of the live presentation above, originally recorded at the 2014 Las Vegas Money Show. It features Elliott Wave International Chief Market Analyst Steve Hochberg. Hochberg is co-editor of The Elliott Wave Financial Forecast, one of EWI’s flasgship market letters. Click here for a free excerpt […]

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(Video) Knock, Knock. It’s Deflation. Deflation Who?

In June, the U.S. government, revising its previous number, reported that the economy shrank by 2.9% in the first quarter of 2014. The steep plunge caught the bulls by surprise. It was substantially worse than the preliminary forecast for a 1.0% contraction, which itself was a far cry from the initial 0.1% growth forecast in […]

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Revenge of the Punished Saver

Safety-minded savers have been earning a pittance in interest as stocks climb to an all-time high. But the evidence suggests that financial caution will soon be rewarded. Enjoy this video from Elliott Wave International. Learn more at http://www.elliottwave.com. Learn How the Wave Principle Can Improve Your Trading Related Posts:The dollar punished for a mistake April […]

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