By Elliott Wave International The Wave Principle’s basic pattern includes five waves in the direction of the larger trend, followed by three corrective waves, as illustrated in both bull and bear markets below: You probably recall the...
By Elliott Wave International The Wave Principle’s basic pattern includes five waves in the direction of the larger trend, followed by three corrective waves, as illustrated in both bull and bear markets below: Keep in mind that...
By Elliott Wave International You may be familiar with an Open-High-Low-Close (OHLC) chart: comprised of vertical lines with small horizontal lines on each side. The top of each vertical line is the high and the bottom is...
By Elliott Wave International On June 1, a CNBC headline said: [Major bank CEO] says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war Yes, the U.S. central bank is engaging in so-called...
By Elliott Wave International Consumers around the globe are wondering when they will finally see some relief from rising prices at the gas pump and grocery store. It’s difficult for these consumers to get a handle on...
One of the best ways to get an edge in trading is to hand-pick a few select tools for your arsenal. Japanese Candlesticks are one such tool. In skilled hands, they can really show you the trend...
By Elliott Wave International The stock market selloff from March into the May low was comprised of eight straight weeks of decline in the Dow Industrials. This was historic. The Dow Industrials have been around for 126...
By Elliott Wave International Do you recall how many government officials, economists or bankers anticipated the severity of the “Great Recession” before late 2007 into 2009? Do you recall even one? If a name doesn’t come to mind, that’s because hardly...
By Elliott Wave International Big daily selloffs have occurred since the stock market’s downtrend began in January. For instance, on May 18, the Dow Industrials closed lower by 1,161 points — a 3.6% drop. The S&P 500...
By Elliott Wave International Stock market observers are trying to “make sense” of the wild price moves, which have mainly been to the downside. As a May 12 CNBC headline says: Traders search for answers as relentless...
