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 ...

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.

Jeffrey Kennedy brings more than 15 years of experience to his position as Elliott Wave International's Senior Analyst and trading instructor. He knows firsthand how hard it can be to get simple ...

Our previous assessment for a rally to SPX6690+/10 proved correct, and we therefore continue to expect a 3-5% pullback from ...

“the ideal red W-v target at the red 200.0% extension of roughly $5100 is significantly below the breakout/symmetry target of about $6140. See Figure 2 below. Therefore, we may see an extended fifth ...

In our previous update for the SP500 (SPX), we shared our big-picture Elliott Wave (EW) Principle count and concluded that ...

Figure 1. Bitcoin’s short-term Elliott Wave count with several technical indicators and moving averages.

Contingent on holding above $107,271, our preferred Elliott Wave count suggests the correction is over and a rally to at least $160,000 is underway.

As recently as 23 January 2024, Bitcoin was at a low of $38,460, and today, in just about four weeks, it has rallied to a high of $63,933, a gain of over 66% from that low. As regular readers of my ...

Bitcoin's (BTC) 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. According to ...