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Soybean Prices: Sticking Out Their Neck(line)
3 real-world examples of how the head-and-shoulders pattern anticipates dramatic price moves

By Nico Isaac
5/10/2013 6:00:00 PM

You've probably never heard the words "Mint Chocolate Chip" and "Head-and-Shoulders pattern" uttered in (nearly) the same breath. But for EWI's senior commodities analyst and Futures Junctures Service editor Jeffrey Kennedy, those apparently unrelated phrases do indeed have something in common -- namely, they are two of Jeffrey's favorite things in the whole wide world:

Filed Under: cotton futures, Daily Futures Junctures, Gold, head and shoulders pattern, Jeffrey Kennedy, soybean futures, soybean oil, technical analysis

Category: Commodities


Commodities Overview: The Wheels of Change Are in Motion
New April 2013 Monthly Futures Junctures: The big picture commodities outlook for 2013 and 2014.

By Nico Isaac
4/29/2013 6:30:00 PM

In March 2013, a Geneva-based research study concluded that commodity markets are driven by "self-reinforcing mechanisms," and not "by external information." The Elliott Wave Principle identifies that "self-reinforcing mechanism" as investor psychology, which unfolds in clear and observable Elliott wave patterns on market price charts. When it comes to anticipating those patterns and forecasting the trend in key commodities, nobody is more qualified than EWI’s senior analyst and Futures Junctures Service editor, Jeffrey Kennedy.

Filed Under: commodities, cotton futures, Elliott wave, Elliott Wave Principle, head and shoulders pattern, investor psychology, Jeffrey Kennedy, soybean futures

Category: Commodities


Lessons I Learned at Peter Brandt's Traders Boot Camp
How a Professional Trading Mentor Helped Me

By Debbie Hodgkins
8/2/2012 2:15:00 PM

A few weeks ago, I attended Peter Brandt's Traders Boot Camp in Colorado Springs. I saw this as a great opportunity because I've been an investor all of my adult life, and started to do shorter-term trading about four years ago. I'd heard a lot about Peter and his Boot Camp from others, and so I decided to see if I could gain some first-hand wisdom to apply to my trading. Here's my brief story about the event.

Filed Under: futures trading, head and shoulders pattern, hedge funds, Peter Brandt, risk management, technical analysis, Traders, trading lessons

Category: Trading Lessons


The Euro's Slide to a 2-year Low: Elliott Waves In Motion
A lesson in how EWI's Elliott Wave Junctures used a Head and Shoulders chart pattern to spot a high-probability opportunity in the euro

By Nico Isaac
7/30/2012 4:30:00 PM

Below you see a daily price chart of EUR/USD, the euro/us dollar exchange rate and the most actively-traded currency pair in the forex markets -- as it stood in mid-April. In mid-April, "X" marked the spot where the avatar "YOU" should have geared up for a high-probability bearish trading opportunity. The question is, would the analysis you use NOW have enabled you to accurately see that opportunity THEN?

Filed Under: Elliott wave, elliott wave junctures, euro, head and shoulders pattern, Jeffrey Kennedy, trading lessons

Category: Trading Lessons


Another Triple-Digit Decline: A Look at the Dow's Trend
A look at a head and shoulders formation

By Bob Stokes
7/24/2012 6:00:00 PM

Technical analysts know that if a neckline is violated, prices can accelerate downward. Take a look at the chart...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, head and shoulders pattern, market forecasts, Robert Prechter, technical analysis, technical indicators, Traders

Category: Stocks


What AREN'T You Seeing On the Euro's Price Chart?
A lesson in how EWI's Elliott Wave Junctures used a Head and Shoulders chart pattern to spot a high-probability opportunity in the euro

By Nico Isaac
6/5/2012 5:00:00 PM

Below you see a daily price chart of the euro/us dollar exchange rate ending in mid-April. At the time, "X" marked the spot where the avatar "YOU" should have geared up for a high-probability bearish trading opportunity. The question is, would the analysis you use NOW have enabled you to accurately see that opportunity THEN?

Filed Under: Elliott wave, Elliott Wave Principle, Elliott Wave trading, euro, European debt crisis, fundamental analysis, head and shoulders pattern, Jeffrey Kennedy, U.S. dollar

Category: Trading Lessons


The Euro: Up to its “Neckline” in Opportunity
Elliott Wave Junctures’ latest video lesson reveals the form AND function of the head-and-shoulders pattern

By Nico Isaac
5/7/2012 5:45:00 PM

Without doubt, the Head-and-Shoulders chart pattern is one of the most popular within the world of technical analysis. The reason being -- as "old-school" as the H&S may seem to the budding school of high-tech digital chartists, this pattern never loses its value with age. To illustrate its timeless appeal, EWI's senior instructor Jeffrey Kennedy presents his May 4 Elliott Wave Junctures video lesson titled simply, "Head-And-Shoulders."

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, head and shoulders pattern, Jeffrey Kennedy, Robert Prechter

Category: Trading Lessons


Cocoa: Keep Your Head On Your Shoulders
EWI's Futures Junctures Service reveals a powerful head-and-shoulders pattern underway in cocoa.

By Nico Isaac
2/1/2012 4:00:00 PM

Today, my sweet tooth has gotten the best of me as I sit down with EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss the past year in cocoa. My first order of business: This time last year, cocoa prices were orbiting the outer-galactic regions of a three-DECADE high. And -- with Ivory Coast tensions intensifying alongside an increase in demand from China -- all the "fundamental" signs pointed UP.

Filed Under: cocoa futures, cocoa futures, diagonal, diagonal triangle, Elliott wave, Elliott Wave trading, head and shoulders pattern

Category: Commodities


The Market is Forming Its "Biggest Head and Shoulders Top Ever": Prechter
The stock market may be at a historically crucial juncture.

By Bob Stokes
1/3/2012 5:45:00 PM

Since 2000, the stock market has been in a topping process. Eleven years may seem like a long time for a market to "top," but consider how long the 1980s / '90s bull market was...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, head and shoulders pattern, Robert Prechter, technical analysis, technical indicators

Category: Stocks


A Very Volatile, Very Impulsive Move For One Major Commodity
EWI's Daily Futures Junctures makes a strong case as to why this market could be headed straight down

By Nico Isaac
11/16/2011 5:00:00 PM

The Elliott Wave Principle recognizes 13 known wave patterns on the price charts of financial markets. Some of these fall into the category I like to call "Casserole" patterns; meaning they develop at an easy rate that affords enough time for the analyst to walk away from his/her desk and dawdle with other things, like preparing an elaborate casserole. The other category is the "Canned Soup" patterns.

Filed Under: Daily Futures Junctures, Elliott wave, Elliott Wave Principle, Elliott Wave trading, head and shoulders pattern, Jeffrey Kennedy, Relative Strength Index (RSI)

Category: Commodities


Countertrend Rally: Wolf in Sheep's Clothing?
Beware countertrend market surges

By Bob Stokes
10/11/2011 3:00:00 PM

In a bear market, big countertrend rallies are like that con man. They can falsely assure even the most cautious individual. Many investors want to believe. And many succumb...

Filed Under: Bear market, Robert Prechter, Dow Jones Industrial Average (DJIA), Elliott wave, head and shoulders pattern, investor psychology, technical indicators

Category: Stocks


A BIGGER Head and Shoulders Formation: What's Next in THIS Pattern?
Be Ready for the Next Big Move

By Bob Stokes
8/15/2011 5:15:00 PM

There's a bigger head and shoulders pattern -- one that has been forming for years. Where's the market in this larger pattern?...

Filed Under: Bear market, head and shoulders pattern, New York Stock Exchange (NYSE), Short Term Update, technical analysis

Category: Stocks


Prices Plunge Through the "Head and Shoulders" Neckline: What's Next?
This Classic Pattern Reveals Today's Market Trend

By Bob Stokes
8/4/2011 1:15:00 PM

The August 3 Short Term Update talked about what can happen after prices plunge through the neckline of the classic "head and shoulders" pattern: "Sometimes the size of the ensuing decline can be approximated." The latest Update will provide you with a price target and up-to-the-minute charts...

Filed Under: New York Stock Exchange (NYSE), Short Term Update, stock indexes, technical analysis, trendlines, head and shoulders pattern

Category: Stocks


3 Opportunities the Media and the Herd Have Overlooked
Read Here What You Won't Read Elsewhere

By Robert Folsom
7/27/2011 5:30:00 PM

It pays to look for the overlooked...

Filed Under: Elliott wave, head and shoulders pattern

Category: Stocks


Watch the Neckline: Insights into the "Head and Shoulders" Pattern
The "Head and Shoulders Measuring Formula"

By Bob Stokes
7/6/2011 5:30:00 PM

What if prices head down from the Right Shoulder for yet a third time -- and then crash through the neckline? Senior analyst Jeffrey Kennedy offers an explanation...

Filed Under: Elliott Wave trading, futures trading, head and shoulders pattern, Jeffrey Kennedy, technical analysis, trade targets, Traders

Category: Commodities


"Head and Shoulders" Stock Market Pattern: Still Valid?
A Multi-Year Technical Analysis Pattern "Bears" Watching

By Bob Stokes
9/17/2010 5:15:00 PM

Think again about what Prechter said: "Perhaps most important, the right shoulder must occur on 'decidedly less volume.'" Well, overall trading volume has indeed remained relatively low. EWI's Short Term Update recently said this about the market's trading activity...
 

Filed Under: head and shoulders pattern, Robert Prechter

Category: Stocks


Your Free Chance to Learn How to Forecast Markets Using Technical Analysis
EWI's Senior Tutorial Instructor Jeffrey Kennedy gives you practical lessons -- free

By Vadim Pokhlebkin
9/16/2010 11:15:00 AM

There are two camps of market analysts out there: the fundamental camp and the technical one. Fundamental analysts look at things like the GDP, unemployment, interest rates, etc. to make logical assumptions about where the stock market is going. Technical analysts use none of that. They look at the market's internals to gauge the trend: things like momentum, trend channels -- and yes, Elliott wave patterns. Well, this is your free chance to learn how they do it.

Filed Under: Moving Average Convergence Divergence (MACD), stochastics, Relative Strength Index (RSI), technical indicators, Fibonacci, head and shoulders pattern, Elliott Wave Principle, technical analysis

Category: Stocks


Brushed Off the Shoulder -- Then What For Stocks?
See A Pattern That's Part of A Bigger Picture

By Tyler Robert
4/29/2010 1:45:00 PM

The pattern proves itself through repetition. Now you know what the head and shoulders looks like. According to Robert Prechter, this well-known pattern is only part of why he titled his most recent Theorist, A Deadly Bearish Big Picture...

Filed Under: Robert Prechter, head and shoulders pattern, technical analysis

Category: Stocks


Asia Pacific Stocks: "Worst Half Since 1992"
The failure of conventional observers to explain WHY consumers buy fewer manufactured goods leaves their analysis lacking.

By Mark Galasiewski, Editor, Asian-Pacific Financial Forecast
7/2/2008 1:00:00 PM

Asia-Pacific stocks suffered their “worst first half [of the year] since 1992,” reported news headlines this week. Plus, Japanese and Chinese manufacturers reported significant declines in activity. You might think that the reported slump in manufacturing in the region’s two biggest economies might be a big reason for the poor performance of Asia-Pacific stocks in the first six months of this year. And, in a way, you’re right...but probably for the wrong reason.

Filed Under: Shanghai Composite Index, head and shoulders pattern

Category: Asian Markets


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© 2013 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.