About Avi Gilburt

Avi Gilburt

Avi Gilburt is founder of ElliottWaveTrader.net, a live trading room and member forum focusing on Elliott Wave market analysis. Avi emphasizes a comprehensive reading of charts and wave counts that is free of personal bias or predisposition. He is particularly known for identifying a standardized method for determining whether movement within the market is going to be a 5-wave move as opposed to a 3-wave move. This method, which we call "Fibonacci Pinball," has been called by some as "the single most useful addition the Elliott Wave lexicon" and "one of the most profound discoveries in EW analysis." (See Testimonials.)

Avi is an accountant and a lawyer by training. His education background includes his graduating college with dual accounting and economics majors, and he then passed all four parts of the CPA exam at once right after he graduated college. He then earned his Juris Doctorate in an advanced two and a half year program at the St. John’s School of Law in New York, where he graduated cum laude, and in the top 5% of his class. He then went onto the NYU School of Law for his masters of law in taxation (LL.M.).

Before retiring from his legal career, Avi was a partner and National Director at a major national firm. During his legal career, he spearheaded a number of acquisition transactions worth hundreds of millions to billions of dollars in value. So, clearly, Mr. Gilburt has a detailed understanding how businesses work and are valued.

Yet, when it came to learning how to accurately analyze the financial markets, Avi had to unlearn everything he learned in economics in order to maintain on the correct side of the market the great majority of the time. In fact, once he came to the realization that economics and geopolitics fail to assist in understanding how the market works, it allowed him to view financial markets from a more accurate perspective.

In September 2011, Avi co-founded ElliottWaveTrader.net in conjunction with Richard Hefter and AdviceTrade. For those interested in how Avi went from a successful lawyer and accountant to become the founder of ElliottWaveTrader, see "How EWT Began."

Since Avi began providing his analysis to the public, he has made some spectacular market calls which has earned him the reputation of being one of the best technical analysts in the world.

As an example of some of his most notable astounding market calls, in July of 2011, he called for the USD to begin a multi-year rally from the 74 region to an ideal target of 103.53. In January of 2017, the DXY struck 103.82 and began a pullback expected by Avi.

As another example of one of his astounding calls, Avi called the top in the gold market during its parabolic phase in 2011, with an ideal target of $1,915. As we all know, gold hit a high of $1,921, and pulled back for over 4 years since that time. The night that gold hit its lows in December of 2015, Avi was telling his subscribers that he was on the phone with his broker buying a large order of physical gold, while he had been accumulating individual miner stocks that month, and had just opened the EWT Miners Portfolio to begin buying individual miners stocks due to his expectation of an impending low in the complex.

One of his most shocking calls in the stock market was his call in 2015 for the S&P500 to rally from the 1800SPX region to the 2600SPX region, whereas it would coincide with a “global melt-up” in many other assets. Moreover, he was banging on the table in November of 2016 that we were about to enter the most powerful phase of the rally to 2600SPX, and he strongly noted that it did not matter who won the 2016 election in the US, despite many believing that the market would “crash” if Trump would win the election. This was indeed a testament to the accuracy of the Fibonacci Pinball method that Avi developed.

View chart of Avi's 2016 SPX performance calls.

Avi is a popular speaker at financial forums and conferences in the U.S. and internationally, including The Traders Expo and Prospectors & Developers Association of Canada (PDAC) Conference, and widely syndicated on sites including MarketWatch, TheStreet, Seeking Alpha, Nasdaq.com, Forbes and more. He has been the #1-read metals analyst for most of the 6 years he has been a contributor on Seeking Alpha, and is consistently among the top-followed contributors to MarketWatch.

Market Watch Cover Jun 11, 2018See Avi's article on MarketWatch from Jun 11, 2018 (in which he called for a year-end global melt-up) highlighted as the top home page headline that day.


Story Archive

Silver Is A Game Changer

Now that silver has broken out, it is rather clear to me that we are in the midst of a 3rd wave.
by Avi Gilburt - 2 weeks ago

Quick Silver Update

Should silver continue higher, it likely will spike up and my next IDEAL target is the 22.
by Avi Gilburt - 2 weeks ago

I May Be A Stubborn SOB

I know everyone is expecting downside in the market because we have gone much further to the upside than anyone expected -- well, other than us (smile).
by Avi Gilburt - 3 weeks ago

Is Everyone Enjoying Their Jello?

At the end of the day, my larger degree expectations still remain in place, and that is we will likely see much lower levels in the coming weeks.
by Avi Gilburt - 1 month ago

Correction Flood Gates Opened Today

Having recently struck within pennies of the ideal target I outlined over the last few weeks in the 3234 SPX region, the market today confirmed our expectations for a larger degree pullback to take shape.
by Avi Gilburt - 1 month ago

Almost At The Target

If you have been following closely, I have wanted to see the market rally to the 3020-3080SPX region to complete wave [3] in blue on my charts.
by Avi Gilburt - 2 months ago

Bears Have A Set-Up

The bears have a set-up to break down below today’s low and follow through below 2870ES (2880SPX) support to open the door to the 2700-2750SPX region for the [c] wave of wave [4].
by Avi Gilburt - 2 months ago

Putting The Market Into Context

When you consider that the last 30% of the rally has the most risk, and that even if the market does complete all 5 waves up into the 3200-3300 SPX region it will still pull back below 2900 in wave ii later this year, you have to really consider whether you, as an investor, wants to take that additional risk.
by Avi Gilburt - 3 months ago

Market Testing Both Sides

Over the last week, the market did a wonderful job in taking us up to the 2890 region target on the S&P 500, and testing the bears.
by Avi Gilburt - 3 months ago

Lesson In Corrective Structures

With the market following through to the downside as we generally expected in this set up, we are approaching an important cross roads which will determine if we have a lower low yet to be seen, which is our primary count, or if the bottom has already been struck.
by Avi Gilburt - 4 months ago