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 ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. How to Trade the Elliott Wave Patterns using the Stocastic Indicator. Ensign software offers an amazing set of ...

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 ...

Recently, the SPDR S&P 500 ETF (SPY) has experienced a pullback to a significant technical support zone around $678, following a decline from recent highs. This article will explore the implications ...

With the rapid decline in short-term bearish sentiment, we are approaching a critical moment. Investors forget bear markets - and bear market rallies - usually occur in two waves, not one. Are we ...

Structure: Navy Blue Wave 3. Position: Gray Wave 1. Direction next lower degrees: Navy Blue Wave 4. Details: Navy blue wave 2 appears completed. Now navy blue wave 3 of 1 is developing. Invalidation ...

Position: Navy blue wave 2. Direction next lower degrees: Orange wave Y (started). Orange wave X of 2 appears completed, and now orange wave Y is in progress. Wave cancel invalid level: 1703. The ...

Short-term Elliott Wave count for the NDX. We expect the orange W-3 to peak at the 161.80% extension (~26635), followed by the orange W-4 reaching 25300 ± 100, and a final W-5 to complete the gray ...

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 ...

Many have asked us whether Bitcoin (BTCUSD) reached a major top in August, as the rally from the April low paused and weakened. Using the Elliott Wave Principle (EW), we will address that question.