The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...

Stock market movements that seemed random to most analysts revealed a hidden order to Ralph Nelson Elliott. In the 1930s, during the depths of the Great Depression, the professional accountant set out ...

When it comes to Elliott Wave principle, the most important thing for me is to focus on clear wave structures. I don’t want to spend time on price action that is messy, choppy, and very hard to read.

In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...

DAX sequence from 5/15 peak remains incomplete. While bounces stay below 12339.48, expect the Index to resume lower. Double three or 7 swings structure is one of the most common patterns in Elliott ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. On my-March17, 2010 instant blog, I wrote about DIA “I see very strong resistance at 108. If DIA crosses this ...

Over the past several updates, as seen here and here, we have been tracking a rally to SPX 6690+/10, from which we expected a 3-5% pullback before the next rally to approximately SPX 7120 would ...

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 ...

Bitcoin's BTC $111.962,70 resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise.