The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...
Triangles are one of the most important corrective patterns in Elliott Wave Theory, helping traders identify consolidation ...
Fast-forward to today. Brent Oil topped out the same day at $114.81 and then dropped almost 20% intra-day yesterday, falling to $91.39 and breaking below the critical red warning level for the Bulls.
Ever since the US and Israel launched strikes against Iran a week ago, traffic in the vital Strait of Hormuz has ground to a halt. One-fifth of the world’s oil goes through the strait. Even though ...
Lyn Alden separates travel stocks into two categories: investable and tradeable. NCLH has a better risk versus reward compared to its neighbors in the travel sector. The methodology of using Elliott ...
I use Elliott Wave analysis, which views markets as fractal and driven by societal sentiment, not exogenous factors. My controversial market calls, like predicting the 2020 SPX crash and subsequent ...
If you're a regular FACE show attendee, then you know we cover gold and silver quite often in our webinars. Those who know me also know that I look at markets mostly from an Elliott Wave ...
We believe Alibaba BABA will see more downside based on a sequence which started with the high on 6.5.2018. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 (blue) ...