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.

In our previous updates about the SP500 (SPX), we shared our short- and long-term Elliott Wave (EW) Principle counts that ...

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 ...

In our late August update, we observed that, when zooming out, the NASDAQ100 (NDX) was, according to the Elliott Wave (EW) Principle, in an impulse (five-wave) move up from the early April lows. See ...

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 ...

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 ...

Before we can forecast what’s most likely next, we must first always look back to prior analyses. To that extent, three weeks ago, we found using the Elliott Wave Principle (EWP) for the S&P500 (SPX) ...

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 ...