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See Intraday Market Trends from an Elliott Wave Perspective
Before you place another trade, learn about the U.S. Intraday Stocks Specialty Service

By Bob Stokes
5/21/2013 4:15:00 PM

If you're following the stock market's trend mostly between 9:30 a.m. and 4 p.m. eastern time, let Tom Prindaville be your guide. As EWI's Senior U.S. Equity Analyst, he provides subscribers with frequent intraday updates from an Elliott Wave perspective. No one can guarantee a specific outcome -- yet Tom often sees Elliott Wave patterns develop as they've been forecast. When he identifies an intraday impulsive wave, he alerts subscribers immediately. Tom does the Elliott analysis for you.

Filed Under: Elliott Wave trading, market forecasts, technical analysis, trade targets, Traders, trendlines, U.S. STOCK MARKET

Category: Stocks


Is Copper's Bear Market Over?
Why the answer is NOT about supply

By Nico Isaac
4/30/2013 5:00:00 PM

April 2013 has seen copper prices go from low to... lower still. In the week ending April 19, prices experienced their largest percentage decline in 16 months to land solidly in Grizzly Acres. See: "Copper Slides Into Bear Market" a recent blunt-truth headline in the Wall Street Journal.  

Filed Under: copper futures, Daily Futures Junctures, Elliott wave, fundamental analysis, Jeffrey Kennedy, trendlines

Category: Commodities


3 Ways to Identify Support and Resistance – 5 Chart Examples
Senior Analyst Jeffrey Kennedy shares charts of ALCOA Inc, Gold, Wheat and Akamai Technologies.

By Jill Noble
3/13/2013 1:45:00 PM

Use this free lesson to brush up on methods and indicators that can help you improve your confidence in your own market analysis.

Filed Under: Elliott Wave Education, elliott wave junctures, Jeffrey Kennedy, technical analysis, Traders, trading lessons, trendlines

Category: Education


EURUSD: Draghi Speaks, Euro Rises?
This Elliott wave pattern saw the rally coming before Mr. Draghi ever spoke

By Vadim Pokhlebkin
3/7/2013 9:45:00 PM

On Thursday (Mar. 7), the European Central Bank president, Mario Draghi, made headlines with an optimistic statement that, "Later in 2013 economic activity should gradually recover..." The euro gained and pushed EURUSD, the euro-dollar exchange rate, as high as 1.3117. But as it's often the case, the rally was "in the waves" before the news. Take a look at this chart...

Filed Under: Elliott wave, Elliott Wave trading, euro, europe, european central bank, European Union (EU), eurozone, forex, forex trading, technical analysis, trendlines, U.S. dollar

Category: Currencies


USDJPY: The "Indecisiveness" Is About to End
Charts show that the Japanese yen has been in a large Elliott wave triangle pattern

By Vadim Pokhlebkin
2/22/2013 2:45:00 PM

After a huge multi-month rally, USDJPY has been taking it easy. Lately, the yen has seen a lot of volatility, but little progress in either direction. Here's what price action in USDJPY looks like over the past few days...

Filed Under: Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, technical analysis, trendlines, U.S. dollar, usd/jpy, video

Category: Currencies


Formidable Resistance Remains for the NASDAQ
Why a NASDAQ price barrier may not be broken

By Bob Stokes
2/8/2013 5:15:00 PM

The NASDAQ Composite has barely advanced in the past 10 months, despite an extremely bullish sentiment. The Elliott Wave Financial Forecast called attention to the upper trendline of a parallel price channel in April 2012, and that upper trendline has remained a barrier to a NASDAQ Composite advance. The just-published February Financial Forecast provides insights into why the market now faces a historic juncture.

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Fibonacci, financial forecast, market forecasts, Nasdaq Composite, sentiment, technical indicators, trendlines

Category: Stocks


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


S&P 500: Why News-Driven Forecasts Are Not the Answer
The "fiscal cliff" deal came and went -- and with it, the rally in stocks?

By Vadim Pokhlebkin
1/3/2013 6:15:00 PM

On January 3, the S&P 500 went sideways, and the "fundamentals" are sending a mixed message. On the one hand...

Filed Under: bailouts, Elliott Wave trading, S&P 500, technical analysis, trendlines

Category: Stocks


Recognizing a Major Stock Market Top
Skilled analysis can "get you out" close to the peak

By Bob Stokes
12/24/2012 2:45:00 PM

Consider the trading indicator TRIN (or Traders Index), a measure of market sentiment based on how many prices have gone up relative to how many have gone down. The Financial Forecast Short Term Update provided insights into this technical indicator after the Dow Industrials closed the Dec. 21 session down 120 points.

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, oscillators, sentiment, technical analysis, technical indicators, trendlines

Category: Stocks


Market Insight: S&P 500 Breaks October 2011 Trendline
Keeping an eye on Elliott waves -- and other technical indicators -- in action as the markets trade

By Vadim Pokhlebkin
11/8/2012 7:15:00 PM

On November 8, the DJIA, S&P 500 and NASDAQ 100 broke below a year-long trendline support. Wrote Tom Prindaville, editor of EWI's U.S. Intraday Stocks Specialty Service...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott Wave trading, futures trading, S&P 500, technical analysis, trendlines

Category: Stocks


Market Insight: S&P 500 Bounces off a Key Trendline
Watch Elliott waves -- and other technical indicators -- in action as the markets trade

By Vadim Pokhlebkin
11/7/2012 6:00:00 PM

November 7, Tom Prindaville, editor of EWI's U.S. Intraday Stocks Specialty Service: "Today’s move to new lows in the S&P 500 index produced a bounce from a trendline that stretches all the way back from..."

Filed Under: Elections, Elliott wave, Elliott Wave trading, S&P 500, trendlines, U.S. STOCK MARKET

Category: Stocks


U.S. Markets: Long- and Near-Term Trends Agree
Track price trends on multiple time frames using Elliott waves

By Bob Stokes
11/5/2012 5:45:00 PM

When price trends of multiple degrees align themselves in the same direction, market action often unfolds much more rapidly than it otherwise would. You can learn about the convergence of...

Filed Under: Elliott wave, long-term trend, market forecasts, Short Term Update, technical analysis, trendlines, U.S. STOCK MARKET

Category: Stocks


Market Prices Are in a Face-Off with a Long-Term Trendline
Why wildly bullish hopes may soon be reigned in

By Bob Stokes
10/18/2012 2:00:00 PM

Trendlines can stretch across various time frames: days, weeks, years, decades -- even centuries. One trendline that's exceptionally relevant to today's price action goes back at least 75 years.
 

Filed Under: Citigroup, CNBC, Elliott wave, long-term trend, market forecasts, stock indexes, technical analysis, trendlines

Category: Stocks


Extra, Extra! Read All About Elliott Wave Triangle Patterns
The Oct. 8 and 9 Elliott Wave Junctures 2-part video lesson reveals how triangle patterns can help you hit the trade target bulls-eye.

By Nico Isaac
10/16/2012 4:45:00 PM

If you asked EWI's senior analyst and Elliott Wave Junctures editor Jeffrey Kennedy what his top 3 Elliott wave patterns are (there are 13 in total), he wouldn't think twice before answering: the Elliott wave triangle, triangle, and triangle. As a matter of fact, Jeffrey has just wrapped on a 2-part Elliott Wave Junctures video lesson that is a ringing audio-visual endorsement for the triangle's many valuable virtues.

Filed Under: contracting triangle, Elliott wave, elliott wave junctures, Jeffrey Kennedy, trade targets, trading lessons, trendlines

Category: Trading Lessons


One Stock Market Indicator "Now Higher Than It Was at the October 2007 All-Time High"
"It's an astounding real-time indication."

By Bob Stokes
9/20/2012 4:45:00 PM

Bullish sentiment has been on the rise. But be aware that the current extreme in optimism is happening at the same time that prices are flirting with a trendline that goes back to ...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, herding, market forecasts, S&P 500, sentiment, technical indicators, trendlines

Category: Stocks


S&P 500: "Kid with a Ruler"
How simple technical analysis helps you fine-tune your forecasts

By Vadim Pokhlebkin
9/18/2012 6:30:00 PM

Markets are patterned, but sometimes those patterns aren't evident, and drawing a simple line or two can help shed light on what's really happening with the trend. As I've heard other analysts comment, "The market really draws the lines; we just make them more obvious."
Here is why this is relevant to the current picture in the S&P 500.

Filed Under: Elliott wave, quantitative easing, S&P 500, technical analysis, trendlines

Category: Stocks


How the "Law of the Vital Few" Can Improve Your Trading
The Pareto Principle or the 80/20 Rule

By Bob Stokes
6/18/2012 2:15:00 PM

Career trader Dick Diamond made copious notes of his trades during his 45 years of trading experience. At long last, he learned the specific set-up for the 80/20 trades that made him a success for the past 45 years and counting. Learn more...

 

Filed Under: CRB index, currency, Dick Diamond, Dow Jones Industrial Average (DJIA), forex trading, futures trading, investment strategy, momentum, Moving Average Convergence Divergence (MACD), Nasdaq Composite, New York Stock Exchange (NYSE), online trading, oscillators, risk management, S&P 500, short selling, technical indicators, Traders, trading lessons, trendlines, volatility, volume

Category: Trading Lessons


S&P 500: Did the 13.74-Point Rally Finish the Move?
From an Elliott wave perspective, there was a good reason for the June 15 rally

By Vadim Pokhlebkin
6/15/2012 5:00:00 PM

There were few "fundamental" reasons to be bullish on U.S. stocks on Friday morning (June 15). If anything, the news that the U.S. unemployment rose in 18 states in May sounded downright bearish. But stocks rallied anyway...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Federal Open Market Committee (FOMC), futures trading, Nasdaq Composite, S&P 500, technical indicators, trade targets, trendlines, U.S. STOCK MARKET

Category: Stocks


Natural Gas: Navigating the Most Volatile Commodity in the World
Real-life lesson on what helped EWI's Energy Specialty Service stay one step ahead of natural gas's recent price moves

By Nico Isaac
5/31/2012 5:15:00 PM

Trying to navigate the combustible twists and turns in natural gas futures can feel a lot like walking through a mine field with clown shoes on. According to Reuters' data, between the years 2000 and 2010, natural gas prices fluctuated by more than 5 percent once every 7 days -- making it the most volatile commodity in the world.

Filed Under: crude oil, Elliott Wave trading, fundamental analysis, natural gas, technical analysis, trendlines, volatility

Category: Energy


The 80/20 Trade: "Pounce Like a Cat"
Patience Can Be Rewarding

By Bob Stokes
5/30/2012 4:00:00 PM

You must "ambush" high confidence trades. Long-time professional trader and teacher Dick Diamond says patience is vital before the ambush.  I talked to Diamond about his famous 80/20 trade... 
 

Filed Under: Dick Diamond, Dow Jones Industrial Average (DJIA), Fibonacci, investor psychology, Moving Average Convergence Divergence (MACD), Nasdaq Composite, New York Stock Exchange (NYSE), online trading, oscillators, Relative Strength Index (RSI), risk management, stochastics, successful traders, technical indicators, Traders, trendlines, VIX

Category: Stocks


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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.