As mainstream experts struggled to see the direction in gold, Elliott wave analysis saw a clear, bullish triangle. Then, gold prices rocketed to six-year highs!
The Long-Term Message from the VIX
April 17, 2019 by Leave a Comment
The VIX measures the market’s expectation of future volatility. We can think of the S&P 500/VIX ratio as a way to track confidence in stocks and earnings relative to confidence the market will be volatile. The S&P 500/VIX ratio is currently in the process of trying to complete a relatively rare longer-term shift.
What is the Up/Down Volume Saying About the Current Market?
September 20, 2018 by Leave a Comment
By looking at previous bear markets we can get an idea about how advance/decline volume behaves in bear markets. When the S&P 500 reached a bull/bear tipping point in March 2000, NYSE Advancing – Declining Volume was already waving yellow flags. As shown in the chart below, $NYUD was hugging its 50-week moving average and the 50-week was rolling over in a bearish manner.
Moving Averages Help You Define Trend – Here’s How
August 23, 2018 by Leave a Comment
The “moving average” is a technical indicator of market strength which has stood the test of time.
Was the 1,175 Point Drop in the DOW Unpredictable?
February 20, 2018 by Leave a Comment
Prior to February 5th the market had gotten a bit complacent. It had one of the longest bull runs without a significant pullback in recent memory. All that bullishness led to low volatility and made investors lazy and less vigilant. But as we’ll see in the following article by Elliott Wave International market participants should have known better. The market can’t go straight up forever, it needs periods of consolidation to shake out the “weak hands” and build a more solid foundation as it climbs.
U.S. Stocks: A Sentiment Extreme You MUST Pay Attention to
November 2, 2017 by Leave a Comment
Robert Kelley, the editor of Elliott Wave International’s US Stocks Intraday Pro Service, tells you about a sentiment extreme that he’s seen recently. Watch this new interview to find out what has caught his attention and what they mean for U.S. stocks going forward.
Did You See the 30% Rise in This Major Global Stock Index?
October 5, 2017 by Leave a Comment
In this video Robert Folsom shows the indicators leading the Hong Kong Hang Seng Index to gain 30% in 9 months.
What Does “Paddle-boarding” Have to do with Speculating?
August 26, 2017 by Leave a Comment
Sometimes when your mind is in the “Zone” unusual correlations will just pop into your head. According to Wikipedia, “The eureka effect (also known as the aha! moment or eureka moment) refers to the common human experience of suddenly understanding a previously incomprehensible problem or concept.” An editor of Elliott Wave International had a eureka aha moment while paddle-boarding and in this article, he looks at Elliott Wave Setups, Cocoa and surprisingly how that correlates to of all things Paddle Boarding. ~ Tim McMahon, editor.
Understanding the Relative Strength Index (RSI)
August 15, 2017 by Leave a Comment
Two of the most commonly used technical indicators of momentum in trading are the moving average convergence divergence, or MACD, and the Relative Strength Index (RSI). Today Jeffrey Kennedy is going to be looking at RSI. It was developed by legendary trader J. Welles Wilder. It is a “momentum oscillator”. As the price of a security rises, price momentum increases. The faster the security rises (the greater the period-over-period price change), the larger the increase in momentum. Once this rise begins to slow, momentum will also slow. Our NYSE ROC chart is a type of Momentum chart.
Top 3 Technical Tools Part 1: Japanese Candlesticks
August 9, 2017 by Leave a Comment
Jeffrey Kennedy to name 3 of his favorite technical tools (besides the Wave Principle). He told me that Japanese candlesticks, RSI, and MACD Indicators are great methods to support Elliott wave trade setups.
