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

DXY: Strong Showing

With the US Dollar Index (DXY) roaring back this past week, it seems to have forgotten all about the Fed meeting a week ago.
by Avi Gilburt - 1 week ago

Talk About Stretched To The Upside

The primary count still has us looking for the top to this [a] wave imminently in the S&P 500, despite how extended it has now become.
by Avi Gilburt - 2 weeks ago

USO: Initial Target Hit – Next Higher Target Is 13.45

With the US Oil Fund EFT (USO) finally striking our 11.70 initial target, we have enough waves in place to now consider the [a] wave completed.
by Avi Gilburt - 2 weeks ago

Time To Start Planning

I still expect a pullback to be seen in precious metals (gold & silver) over the next few months before the expected rally takes hold.
by Avi Gilburt - 2 weeks ago

Here Is A Critical Stock Market Lesson I Learned From Being “Fed Up” On Vacation

Most readers believe that the Fed or the government rescued the world from financial collapse in 2008/09.
by Avi Gilburt - 3 weeks ago

Inability To Break 2600 SPX Adds More Complexity

Before I get into the detail of the micro count and the complexity I am seeing, allow me to begin with what I think remains within our higher probability perspective at this time with regard to the S&P 500.
by Avi Gilburt - 3 weeks ago

DXY: Still On Track For 99

For now, I am still going to give the US Dollar Index (DXY) the opportunity to provide further evidence that we are heading up to the 99 region in the coming weeks.
by Avi Gilburt - 4 weeks ago

Market VERY Full To The Upside

As we were hitting the 2600 initial resistance region on the S&P 500 (SPX), and the market was not breaking down, I was warning that the [a] wave off the lows may still try to extend, which is often seen when the market becomes as oversold as it did at the lows.
by Avi Gilburt - 1 month ago

DXY: Will We Take A Detour Before We Rally To 99+?

I am still going to give the US Dollar Index (DXY) the opportunity to provide further evidence that we are heading up to the 99 region in the coming weeks.
by Avi Gilburt - 1 month ago

Can We Still Go Higher?

As the market has been grinding up today, I think it is supporting my primary count of this being the (a) wave of the larger b-wave rally in the S&P 500.
by Avi Gilburt - 1 month ago