Wave summary: After a perfect 61.8% correction of wave [i] to 122.61, we are now looking for wave [iii] higher towards at least 125.78 and possibly even higher. In the short term, we will ideally see minor support near 123.20 protect the downside for a break above minor resistance at 123.510 and, more importantly, a […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Financial history shows that peaks in corporate mergers generally occur prior to major bear markets. With that in mind, consider that 2015 saw a record amount of money spent on mergers. But, since then, a shift has occurred. Is financial history set to repeat? Learn How the Wave Principle Can Improve Your Trading Related […]
Wave summary: Nothing comes as a surprise anymore as long as it concerns EUR/NZD. The slightly deeper correction to 1.6604 is neither a surprise, but we do believe that the downside should be in place or very limited from here and a new rally to above 1.6931 should be seen anytime now confirming that wave […]
Wave summary: The correction that we looking for in wave [ii] extended lower to the 61.8% corrective target at 122.68 before turning higher in wave [iii]. We will now be looking for a break above 123.81 to confirm that wave [ii] indeed terminated at 122.61 and wave [iii] is moving higher towards at least 125.78. […]
Wave summary: We continue to see higher highs and higher lows indicating that an uptrend is building (no surprise in that), but we lack upside acceleration, which we think is because a series of wave one’s and two’s is building and if this is the case, then a series of wave three’s will be like […]
Wave summary: With a high seen at 124.65, the first impulsive rally of the 121.46 low topped out just below our ideal target at 124.73. We are now looking for a correction in wave [ii] into the 122.68 – 123.05 area as a low for wave [ii] and setting the stage for a new strong […]
Learn about the similarities between the physical process of water turning into ice and “transitions” we’re seeing in financial markets. Learn more: http://www.elliottwave.com/wave/PeteK Learn How the Wave Principle Can Improve Your Trading Related Posts:Will Netflix earnings take the share price closer to its… April 15, 2024 Netflix is set to announce strong EPS and revenue […]
Wave summary: It’s not yet clear whether a direct rally towards 1.7052 and higher to 1.7273 is developing or a more complex structure is developing before the rally higher can take place. A break below support at 1.6592 will confirm the more complex structure calling for a series of waves. But ultimately more upside pressure […]
Wave summary: The correction in red wave [iv] turned into a triangle consolidation and should ultimately thrust higher towards 124.73 and maybe even slightly higher to 125.09 before terminating wave i and setting the stage for a correction back towards the 123.58 – 124.00 area. In short term, the triangle still needs a few more […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Even professional investors tend to get aboard a trend just when it’s about to turn. Such is the case with gold. But analysis that’s independent from the prevailing sentiment can keep you ahead of important financial turns. Take a look at these two charts. Learn How the Wave Principle Can Improve Your Trading Related […]
Editor’s note: This interview analyzes an important social trend. None of the content is intended to criticize anyone’s politics, beliefs or culture. When Donald Trump announced he was running for president in June 2015, many traditional pundits and political commentators brushed him off. Now, ten months later, much of the establishment is reeling: Donald Trump […]
Wave summary: Support at 1.6610 should ideally be able to protect the downside for the next rally closer to 1.7273 and higher. A break below 1.6610 will be of concern and question the rally from the 1.6063 low. A break below 1.6610 will shift the preferred count to a leading diagonal and call for a […]
Wave summary: The big question here is whether we only have seen red wave [iii] at 124.45 and red wave [iv] to maximum 123.24 now is unfolding or whether we already have seen the top of wave [i] at 124.45.No matter which of the two scenarios that will prove correct, we can say that the […]
Wave summary: Our patience is finally paying off. We have finally seen the expected break above 1.6874 calling for more upside pressure towards 1.7273 and above. We have been calling for upside acceleration for a while now and this should now be more evident with the break above 1.6874 adding confidence in the long-term bullish […]
Wave summary: With the break above resistance at 123.53 we have seen another strong indication that a firm bottom is in place with the 121.46 low. In the short term, we will now be looking for support near 123.21 for the next rally higher towards 124.66 and the April high at 126.47. A break above […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG The April U.S. jobs report reveals that fewer people are participating in the labor force. The oil industry has been hit particularly hard and shows what can happen to an entire economy when deflation dominates. See a chart of another sector that has seen a multi-year job decline. Learn How the Wave Principle Can […]
Watch our Master instructor Jeffrey Kennedy’s tips for taking a “holistic” approach to technical analysis by combining MACD and RSI with Elliott waves. In his Trader’s Classroom and Commodity Junctures services, master instructor Jeffrey Kennedy often uses traditional technical indicators with the Wave Principle to add confidence to his analysis. He starts with his Elliott […]
Wave summary: After a slightly deeper correction to 1.6479 a new rally quickly broke back above resistance at 1.6745, indicating that a low is now in place at 1.6479 and more upside should be expected in the coming days/weeks ahead. We are still hungering for upside acceleration that could take us past 1.6874 and releasing […]
Wave summary: The price spiked lower on Friday to a low of 121.46 but was immediately rejected. This could be what we have been waiting for to secure the bottom for a new long-term rally back to 141.06 and higher. In the short term, we would like to see minor support at 121.87 protect the […]
Wave summary: EUR/NZD is still trying every dirty trick in the playbook to wipe us out. With a quick and deeper than expected correction to 1.6479, the next strong rally should now be expected for a break above minor resistance at 1.6745 for a continuation higher to 1.7220 and 1.8405 in the longer term. In […]
Wave summary: This cross is doing nothing at the moment. Is a bottom building? Or is it just at consolidation before more downside pressure is seen? The failure to rally will normally have us call for more downside towards 117.99, but then the long term erratic decline from 141.06 could have bottomed. However, to indicate […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Periods of low stock market volatility are usually followed by high volatility. On March 18, volatility was non-existent. Since then, volatility has jumped. Prepare now for “head spinning stock market moves.” Learn How the Wave Principle Can Improve Your Trading Related Posts:Gold Still Expected to Rise on Wall Street and Main Street April 15, […]
Wave summary: We now have a clear break above the red resistance line from 1.7223 confirming that wave [iii] of 3 is developing, so it should only be a question of time before the real upside acceleration is seen. This is the part of the impulsive wave where the prices rally so strongly that it […]
Wave summary: The big question remains whether or not an important bottom is in place at the 121.66 low. The rally of the 121.66 level is in no way impressive, which raises the odds of one more decline below 121.66 for a move closer to 117.99. That said, it will not take much to secure […]
Brian Whitmer, one of our emerging markets experts, talks about the Puerto Rican debt crisis and explains why the country’s recent default “was not a surprise” to him and others at EWI. Learn why he thinks this debt crisis is not stopping anytime soon. Learn more: http://www.elliottwave.com/r.asp?rcn=ytvideos1503&url=http://www.elliottwave.com/Investor-Research/European%20Financial%20Forecast%20Service?rcn=ewtvwhitmer Learn How the Wave Principle Can Improve Your […]
The Elliott Wave Principle is based on 5 core Elliott wave patterns, each having hard-and-fast rules, and a handful of guidelines. Here, our master instructor Jeffrey Kennedy gives you his tips for applying the Wave Principle to any chart, in any market, on any time frame. Watch. Learn more: http://www.elliottwave.com/r.asp?rcn=ytvideos1503&url=http://www.elliottwave.com/Live-Class-Event/4-Critical-Elements-of-HighConfidence-Trading Learn How the Wave Principle […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG John Jacob Astor has been called “America’s first multi-millionaire,” and he made a brilliant financial move that may interest investors. Today’s luxury market appears to be in trouble. Take a look at this chart. Learn How the Wave Principle Can Improve Your Trading Related Posts:Energy in Focus: What news awaits investors on Wall Street […]
http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/products/ffs/Financial-Forecast-Service.aspx?code=CG Apple is one of the most glorified companies in the world. Yet, as of April 27, it’s the Dow’s worst performer for 2016. Were you surprised by the nosedive in the tech giant’s share price? See how EWI subscribers were prepared, and find out how you can be ready for the next big move. […]
Wave summary: We are finally seeing some upside acceleration. We are still and have for a long time now been looking for this acceleration. We do expect much more upside acceleration to be seen but have been disappointed so many times now that we will like to see the real proof. This comes in the […]
Wave summary: With the break above short-term resistance at 122.95, the odds favor an important bottom is in place at the 121.66 low. We will now be looking for a new impulsive rally that will ultimately take us back above the 141.06 top. The corrective decline from 141.06 has been very erratic and very difficult […]
