In this new interview, Wayne Gorman, the head of our Educational Resources Department, offers tips and strategies for options traders. [Editor’s note: The text version of this interview is below.] ...
“I attribute a lot of my own success to the Elliott Wave approach.” -Paul Tudor Jones, Tudor Jones Capital Elliott Wave is a great trading tool for trading trends. However, it’s not as confusing as a ...
The Elliott Wave Principle is generally considered to be a subjective tool for technical analysis. This is because the interpretation of the wave patterns and counts relies on the experience and ...
Wave 2 corrected in April and SP500 hasn’t carved a cousin wave 4 (yet). SP500’s Elliott wave pattern appears incomplete to the up. $5,767 is the key level to determining if the current correction is ...
Position: Wave (v) of {i}. Direction: Upside in (v). Details: The market appears to be completing a five-wave sequence within wave {i}, with wave (v) currently unfolding. Wave (iii) previously ...
In our previous update (see here ), Bitcoin (BTCUSD) showed strong potential to rally to $164K. However, since we are all wrong until the markets prove us right, we always provide warning levels, ...
The rally from the September 2 low will ideally reach about 24770 but could go up to 25570. A roughly 5% correction should then occur before the index is ready to rally to 26,000+. In late August, see ...
In our previous update, see here, and as shown in Figure 1 below, we found for Bitcoin (BTCUSD) by using the Elliott Wave Principle (EW) that, “… BTC bottomed exactly at the 61.8% retracement of the ...