By Elliott Wave International During QE3, the latest round of the Fed’s quantitative easing, the stock market rose. We all know that. But did you also know that commodities fell? That’s right: QE3 had zero effect on...
By Elliott Wave International On December 23, the U.S. Federal Reserve celebrated its 100th birthday. When legislation creating its existence was signed on December 23, 1913 (in a sneaky move during a holiday week), Congress granted the...
By Elliott Wave International The best thing about Elliott wave patterns? Easy: They repeat. They repeat on all timeframes, across dozens of markets, all over the world. Once you know what to look for, you see the...
By Elliott Wave International How do you know when the market is getting ready for a change? This quote from Bob Prechter’s best-selling book, Conquer the Crash, looks at investor psychology at extremes in the markets: The engine...
By Elliott Wave International Have you ever seen price charts that tell a story clearly? Here is a perfect example from Robert Prechter’s most recent monthly publication, The Elliott Wave Theorist. By combining headlines from newspapers with...
I may not be Santa Claus, but I have an early present for you this year. It’s actually 15 presents in the form of 15 charts of financial markets with analysis by Bob Prechter, the president of...
In the 1930s, Ralph Nelson Elliott, a corporate accountant by profession, studied price movements in the financial markets and observed that certain patterns repeat themselves. He offered proof of his discovery by making astonishingly accurate stock...
The Elliott Wave Principle, developed by Ralph Nelson Elliott in 1930s and 40s, is a powerful analytical tool that is still being used for forecasting stock market behavior. The basic concept of this Principle is that stock...
Elliott Wave International’s tutorial is the most comprehensive introduction to the Elliott Wave Principle available in cyberspace. All ten lessons have been adapted from Prechter and Frost’s Wall Street bestseller, Elliott Wave Principle – Key to Market...