Through July 14, you can watch a popular online trading course from Elliott Wave International’s online library: “How to use Trendlines to Spot Reversals and Ride Trends” The course instructor is Jeffrey Kennedy, one of their best...
Light Crude Oil 45 minutes chart below shows that the commodity has ended wave (2) pullback at 37.09 low. From there, the commodity extended higher, with the rally unfolding as a diagonal Elliott Wave structure. Up from that...
The Corona Virus has had its toll on the marketplace in general. But some select names have remained resilient through the decline, DraftKings is one of those names. Draftkings went public on April 24/2020. The announcement was...
Amazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave structure. Up from 2630.28 low, wave ((i)) ended...
By Elliott Wave International Elliott Wave International’s online trading course teaches traders how to identify, draw, and use trendlines to seize high-confidence set-ups in any market, on any time frame — Now FREE through July 14! Today,...
CAC40 is a French stock market index representing a capitalization-weighted measure of the 40 most significant stocks on the Euronext Paris; the ticker is $PX1. The drop in indices in February-March 2020 which many still relate to COVID-19...
By Elliott Wave International The stock market is a fractal — i.e., a self-repeating form at all degrees of trend. Meaning, without the time or price labels, you can’t tell if you’re looking at a 2-minute chart...
EEM (The Emerging Market ETF) could be getting ready for a huge move higher. The ETF has been sideways since the peak in 2007. EEM looks weaker when compared to the rest of the World Indices because of...
$SMH Semiconductors Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008....
SPY has ended the cycle from June 16 high in wave (2), which unfolded as a double three Elliott Wave Structure. From June 16 high, wave W ended at 305.85 low. Wave X bounce ended at 314.57...
