Elliott Wave InternationalmyEWISocioniomics.Net

Ending Diagonal: A Pattern That Sends Shivers Down Investors' Spines
How a classic technical pattern played out in the stock market

By Bob Stokes
1/28/2013 5:15:00 PM

Classic chart formations include the head-and-shoulders pattern, double top or bottom, triple top or bottom, ascending or descending triangle and the list goes on. Also consider the Elliott wave pattern called the ending diagonal. Here's what Frost and Prechter say in the Elliott Wave Principle about how the ending diagonal got its name.

Filed Under: diagonal triangle, Dow Jones Industrial Average (DJIA), Elliott wave, financial forecast, history, market forecasts, technical analysis, trendlines, volatility

Category: Stocks


EUR/USD: "Too Far, Too Fast"
How Elliott wave ending diagonal pattern helps you forecast a change in trend

By Vadim Pokhlebkin
11/21/2012 2:45:00 PM

Mid-day on November 20, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, posted this on his EWI Forex Insider Twitter feed: "EUR/USD made a new high, but overlapping rise from 1.2765 warns rally has gone "too far, too fast." (Think: What wave pattern does that?)" The Elliott wave pattern Jim was hinting at was an ending diagonal. Here's why...

Filed Under: diagonal, diagonal triangle, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, trading lessons, U.S. dollar

Category: Currencies


14 Elliott Wave Trading Insights You Can Use Now
"Triangles offer an important piece of forecasting information"

By Bob Stokes
5/9/2012 5:00:00 PM

Elliott wave trader Jeffrey Kennedy had individuals like you in mind when he said "I began my career as a small trader, so I know firsthand how hard it can be to get simple explanations of methods that consistently work. In more than 15 years as an analyst since my early trading days, I've learned many lessons, and I don't think that they should have to be learned the hard way." The Best of Trader's Classroom offers 14 trading insights that you can use now...

 

Filed Under: Club EWI, contracting triangle, diagonal triangle, Elliott Wave trading, Fibonacci, futures trading, Jeffrey Kennedy, technical analysis, technical indicators, Traders, trading lessons

Category: Trading Lessons


Diagonal Pattern: Straight Shot To Opportunity
EWI's Daily Futures Junctures reveals the near-term pattern underway in the world's major commodity markets

By Nico Isaac
4/4/2012 10:30:00 AM

Today, April 4, I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal. And, also, to show a real-live example of the diagonal's development on the price chart of a major grain market.

Filed Under: Daily Futures Junctures, diagonal, diagonal triangle, Elliott wave, futures trading, grain futures, Jeffrey Kennedy

Category: Commodities


And the Award For Best Opportunity In A Commodity Market Goes To....
EWI's brand new February Monthly Futures Junctures reveals the long-term trend underway in the world's most-watched commodities.

By Nico Isaac
2/24/2012 1:15:00 PM

Glitz, glamour and stars galore: the awards show we've all been waiting for is finally here. And no, I'm not talking about the 84th Academy Awards set to air February 26. I'm talking about the right now and right here "Commodity Awards" show underway in Elliott Wave International's brand-new February Monthly Futures Junctures (MFJ). Cue lights, and... action.

Filed Under: coffee futures, contracting triangle, cotton futures, diagonal triangle, Elliott wave, Elliott Wave trading, Jeffrey Kennedy, lean hog futures, Orange Juice, soybean meal

Category: Commodities


A Stock Opportunity Follows the Elliott Wave Script
The editor of Elliott Wave International's Prime Stocks Flash, Ron Feinstein discusses a recent "Flash alert" for Molycorp (MCP).

By Bart Bruce
2/16/2012 4:30:00 PM

Today I'm talking to Ron Feinstein, editor of EWI's Prime Stocks Flash service, as he dissects the anatomy of a "Flash alert" he issued for Molycorp (MCP) back in October. ("Flash alerts" are emails that Prime Stocks Flash subscribers get as soon as a high-probability opportunity is found. You can learn more about EWI's Flash services here.)

Filed Under: diagonal triangle, Elliott wave, risk management

Category: Stocks


Ending Diagonal: Start Of Opportunity In A Major Commodity Market
EWI's Daily Futures Junctures reveals the near-term trend underway in the world's major commodity markets

By Nico Isaac
2/10/2012 4:45:00 PM

Today, February 10, I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal triangle. First question:  You say if you had to pick just ONE of all 13 known Elliott wave structures to spend the rest of your technical trading life with, it would be diagonal triangle. Read on to see why the diagonal is so special in the real world price action of a major commodity market.

Filed Under: Daily Futures Junctures, diagonal triangle, Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy

Category: Commodities


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


Why Cocoa's 2011 Bear Market Was A Foreseeable Event
EWI's January 2011 and March 2011 Monthly Futures Junctures anticipated a powerful downtrend in cocoa for the year ahead. Now what?

By Nico Isaac
12/22/2011 5:30:00 PM

The time is March 2011. Cocoa prices have soared to the out-of-orbit regions of a 32-year high. And, according to the mainstream experts, ongoing political tensions in the world's leading cocoa producer, Ivory Coast, sealed the market's bullish fate. Their magic "bull"et being the refusal of incumbent President Gbagbo to cede power after losing the November 28, 2010 parliamentary elections to newly recognized leader Outtara.

Filed Under: cocoa futures, cocoa futures, diagonal, diagonal triangle, Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy

Category: Commodities


When the Word "Safe Haven" Can Actually Mean "Run!"
In September 2011, EWI's Commodity Specialty Service foresaw that corn's Elliott wave pattern did not add up to its supposed economic "fall-out shelter" status

By Nico Isaac
11/10/2011 3:45:00 PM

As the harvest season of Indian corn husk-centerpieces draws near, it's the perfect time to look back at a time when corn prices were the centerpiece of the commodity table. That wasn't that long ago; think: two months. In August to early September, corn prices were enjoying a spectacular rally to new contract highs. And according to the mainstream experts, alls well that ends... "yellow."

Filed Under: corn futures, diagonal triangle, Elliott wave, Elliott Wave trading, fundamental analysis, grain futures, safe haven

Category: Commodities


The Lesser Known "Safe Haven": Corn?
EWI's Commodities Specialty Service reveals a powerful Elliott wave set-up in the yellow grain

By Nico Isaac
8/22/2011 4:30:00 PM

What's yellow in color, made of rows, and can be a safe-haven asset in times of economic uncertainty? For most people, the go-to-answer is gold. But, according to recent news sources, a lesser-known "disaster hedge" has popped up out of the ground -- literally -- in corn. Here, this August 19 MarketWatch fills in the details

Filed Under: corn futures, diagonal triangle, Elliott wave, Elliott Wave trading

Category: Commodities


Heat Wave of Opportunity in Leading Commodity Markets
The latest Monthly Futures Junctures reveals where and how soon the biggest moves in commodities may begin

By Nico Isaac
7/22/2011 12:00:00 PM

Over the past month, much of North America has been hit by triple-digit temperatures and record-high humidity. And, according to EWI's chief commodity analyst Jeffrey Kennedy, a major "heat dome" is also about to set in over the world's commodities. And in his brand-new Monthly Futures Junctures, Jeffrey shows you where -- and how soon -- the thermometer of opportunity may reach a boiling point in these and other commodities:

Filed Under: cocoa futures, coffee futures, cotton futures, diagonal triangle, Elliott Wave trading, Jeffrey Kennedy, lean hog futures, soybean futures, wheat futures

Category: Commodities


Market Breakout: How Elliott Wave Analysis Served Up a Hot Commodity Opportunity
EWI's January 2011 Monthly Futures Juncture's set the stage for cocoa's biggest moves this year... so far

By Nico Isaac
7/19/2011 1:15:00 PM

In his Monthly Futures Junctures newsletter, Jeffrey Kennedy scours the marketplace in search of the one market (or several) whose price chart screams "Look at me!" The number one cue: a clearly developing Elliott wave pattern. In the January 2011 Monthly Futures Junctures, that "Featured" market was cocoa. Here's what Jeffrey wrote....

Filed Under: cocoa futures, diagonal triangle, Elliott Wave trading, futures trading, Jeffrey Kennedy, Traders

Category: Commodities


How to Get Some Long-Term Clarity in the World's Leading Commodity Markets
EWI's latest Monthly Futures Junctures reveals which key markets will likely be "breathing easy" in the weeks and months to come

By Nico Isaac
6/24/2011 2:00:00 PM

Allergy season has arrived. And for many of us, that turns the outside world into a blurry battleground of foggy vision and hay fever. Yet, INSIDE the market of the world’s leading commodity markets -- the air is calm and clear. Right now, EWI’s brand-new Monthly Futures Junctures is the ultimate "shot in the arm" to bring the long-term picture of these and more commodities into sharp and startling focus: corn, wheat, cocoa, and more.

Filed Under: cocoa futures, coffee futures, corn futures, diagonal triangle, grain futures, Jeffrey Kennedy, soybean futures, sugar futures, wheat futures

Category: Commodities


Ending Diagonal In Cocoa: Start Of Opportunity
The current Daily Futures Junctures has an exciting, near-term close-up of cocoa

By Nico Isaac
5/20/2011 8:15:00 AM

Today (Friday, May 20) I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal triangle. Plus, we'll take a look at the diagonal triangle underway in the real world price action of Cocoa.

Filed Under: cocoa futures, Daily Futures Junctures, diagonal triangle, Elliott Wave trading, futures trading, Jeffrey Kennedy

Category: Commodities


Is Now The Time To Board The Commodity Bandwagon?
The new Monthly Futures Junctures reveals the long-term trends in world commodities

By Nico Isaac
4/15/2011 12:00:00 PM

Get out your potting soil and pruning shears: April is National Garden Month. But for those of you more interested in the "flowerbeds" of financial opportunity, EWI's chief commodity analyst Jeffrey Kennedy has the ultimate green thumb. And, in the just-published April 2011 Monthly Futures Junctures, Jeffrey reveals which commodity markets will blossom in the coming weeks -- and which ones will see their bloom come off the rose.

Filed Under: cocoa futures, coffee futures, cotton futures, Daily Futures Junctures, diagonal triangle, futures trading, Jeffrey Kennedy, lean hog futures, soybean futures, sugar futures

Category: Commodities


(Video) Swiss SMI: Watch An "Ending Diagonal" Elliott Wave Pattern in Action
See how Elliott wave analysis helped anticipate Switzerland's recent market plunge

By Nathaniel Williams
3/17/2011 5:15:00 PM

European Short Term Update Editor Chris Carolan explains in this free video how "ending diagonals" can help you identify and prepare for "explosive" market moves.

Filed Under: diagonal triangle, eurozone, European Union (EU), eurozone, video

Category: European Markets


Ending Diagonal Elliott Wave Pattern in Cocoa: Start of an Opportunity
EWI's Daily Futures Junctures shows you an exciting near-term chart of cocoa

By Nico Isaac
3/10/2011 4:30:00 PM

Today (Thursday, March 10) I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the ending diagonal triangle.

Filed Under: cocoa futures, coffee futures, copper futures, corn futures, cotton futures, Daily Futures Junctures, diagonal triangle, Elliott Wave Principle, food crisis, futures trading, grain futures, Jeffrey Kennedy, live cattle futures, lumber futures, market forecasts, soybean futures, soybean meal, soybean oil, sugar futures, wheat futures

Category: Commodities


EURUSD: "Sharply Lower Prices Anticipated"
Don't rush to blame the euro losses on a strong U.S. GDP number

By Vadim Pokhlebkin
1/28/2011 12:45:00 PM

What if the Fed raises interest rates? What if the DJIA falls (or rallies)? What if China "dumps" the U.S. dollar? How would each of these factors affect the dollar, the euro, the pound? Too many forex traders based their trading strategies on these complex webs of interconnected economic and political "what-ifs." Well, Friday, January 28 gave us another good example of why the "fundamental" logic is a poor forecaster...

 

Filed Under: diagonal triangle, Elliott Wave trading, euro, euro/USD exchange rate, forex trading, gross domestic product (GDP), U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


The Shape Of Cocoa: Diagonal Triangle

By Nico Isaac
1/12/2011 2:00:00 PM

Today, Wednesday January 12, I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal triangle. Turns out, the recent price action of cocoa has unfolded as a classic diagonal pattern. Find out what it all means in today's publication.

Filed Under: cocoa futures, Daily Futures Junctures, diagonal triangle, futures trading, Jeffrey Kennedy

Category: Commodities


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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.