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, known as "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

HUGE Test For Metals

This past week, we got the rally we were expecting in precious metals, including the SPDR Gold Shares (GLD) and Gold Miners ETF (GDX).
by Avi Gilburt - 1 week ago

Tomorrow Is It!

Friday is likely going to be a day of follow through.  Should the market want to prove bullish intent, then it will take us up strongly.  And should we be able to break out over the resistance noted in the 5-minute Emini S&P 500 (ES )chart, then I can turn more bullish for the potential to 3000+.
by Avi Gilburt - 1 week ago

The Chop Continues

"CHOP" is truly the best word to describe a stock market b-wave.  And, that is exactly what we have been experiencing since yesterday in the S&P 500.  This is why I warned that this type of market environment chews trades ups.
by Avi Gilburt - 1 week ago

Key Week For The Market

As long as the market remains over the 2880 region on the S&P 500 (SPX) early in the coming week, we still retain our potential to rally to 3225 into 2019.
by Avi Gilburt - 3 weeks ago

Seems Lower Lows in Gold & Miners Becoming More Likely

The action we have seen since the weekend is making it more likely that most of the precious metals charts will still provide us with a lower low later this year before we complete this two-year long wave ii.
by Avi Gilburt - 3 weeks ago

Last Chance For 3225 On SPX

We now have one last chance for the S&P 500 (SPX) to strike our long-term ideal target at 3225SPX.
by Avi Gilburt - 3 weeks ago

Setting Up The Next Breakout

The market dropped lower and, overnight, tested the 2880 region on the S&P 500 (SPX).
by Avi Gilburt - 1 month ago

Elliott Wave Intro - Part 5

In this article, I will try to explain how we analyze where the stock market will move next through the use of the Fibonacci Pinball method we developed.
by Avi Gilburt - 1 month ago

The Most Important Chart To Explain Why The Bears Lose Money

At the end of the day, the stock market is not about events. The stock market is purely about mass psychology.
by Avi Gilburt - 1 month ago

This Analysis Will Change The Way You Invest Forever – Part 4

This latest article in our series provides additional insights into the basics of Elliott Wave analysis, including standard Fibonacci extensions and retracements.
by Avi Gilburt - 1 month ago