Your Free Chance to Learn How to Forecast Markets Using Technical Analysis

EWI’s Senior Tutorial Instructor Jeffrey Kennedy gives you practical lessons — free 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 […]

Slicing the Neckline: A Classic Technical Pattern Agrees with the Elliott Wave Count

In the August issue of his Elliott Wave Theorist, market forecaster Robert Prechter alerted readers that the U.S. stock market was slicing the neckline of a classic head-and-shoulders pattern in technical analysis, and that this may send the market into critical condition. Prechter said that when the Elliott wave count and a head-and-shoulders pattern are […]

Applying Elliott Wave Theory to Recent Trades

Ralph Elliott, an American market analyst, discovered the basic principles in the 1930s studying the Dow Jones Index

DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line?

Moving averages are one of the most widely followed indicator in technical analysis. Simply put, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support — a level where buyers reside. If the price falls below a moving average line […]

How to Channel an Impulse Wave on a Price Chart

How do you choose one lesson from a basic tutorial that is chock-full of excellent information about Elliott wave analysis? You use a time-honored method to end up with “how to use the chaneling technique with impulse waves.”

The Wave Principle: Where The Rubber Hits The Road

You could be to technical analysis what tweens are to texting, and it wouldn’t make a lick of difference: You still wouldn’t necessarily be trading at your fullest potential. The reason being: Without Elliott wave in your technical analysis toolbox, it’s like looking at the world of opportunity through a narrow keyhole and ultimately missing the big picture. The Wave Principle can help you unlock that door.