About Mike Golembesky

Mike Golembesky Michael Golembesky is a senior analyst at ElliottWaveTrader covering US Indices, the US Dollar, and the VIX. He contributes frequently to Avi's Market Alerts service while also hosting his own VIX Trade Alerts service.

Mike began his trading journey as a SOES trader in the late 90's. In 2005 he began trading the Forex markets at which time he was first introduced to Elliott Wave analysis. In 2012 he joined EWT where he further honed his knowledge of Elliott Wave analysis and Fibonacci Pinball. Mike also has an extensive background in real estate investing and finance, having spent close to 10 years working in this field. He is a popular speaker at trading conferences such as the Traders Expo, and a regular contributor to sites such as Seeking Alpha, Nasdaq.com, and Money Show.

About Mike's VIX Service

The VIX Trade Alerts service features Mike's day and swing trade alerts on the VXX as well as VXX options. The alerts are posted live in the ElliottWaveTrader room and available by email. The service also features a Live Video on Mondays after the close, in which Mike presents his charts and answers member questions.

See a recent Webinar by Mike on VIX trading opportunities.

Story Archive

Eyeing Lower Lows in Nasdaq

I am viewing today's action as quite important in telling us how this may look over the course of the next several days ahead.
by Mike Golembesky - 1 week ago

Near-Term Pressure Down In NDX

The Nasdaq 100 (NDX) morning moved lower again and retested the lows that were struck last week but did manage to hold just over those lows.
by Mike Golembesky - 2 weeks ago

Levels in RUT Prior to Lasting Bottom

Ideally I would not want to see a sustained break of that 1052 level if we are going to hold the larger degree pattern.
by Mike Golembesky - 4 weeks ago

Door Opened for VXX Move Up

The VXX needs a break through the 26.87 high to trigger the next leg up.
by Mike Golembesky - 1 month ago

Looking Lower Before Nasdaq Bottom

With the hold of resistance and break back lower, my base case is that we are in the wave (ii) per the yellow path that I have been discussing for several days on the Nasdaq 100 (NDX) and Nasdaq Futures (NQ).
by Mike Golembesky - 1 month ago

Market Holds Support and Pushes Higher

After holding support overnight, the market pushed higher today and looks to be attempting to make another break over the previous highs for wave v up off of the January 31st low.
by Mike Golembesky - 1 month ago

Topping Pattern for Nasdaq

I would prefer to see this hold under the 9411 level if we are indeed topping in the expanded wave (b) count.
by Mike Golembesky - 2 months ago

Still Over Support But Warning Signs Are Flashing

While we still have several levels of support to break across the board, we are starting to see some cracks in this market which is certainly making me cautious up here at these extended price levels.
by Mike Golembesky - 2 months ago

Awaiting Topping Signal in NQ

Until we can get through that 8578 support level, the Emini Nasdaq 100 futures (NQ) is still in wave (4) territory.
by Mike Golembesky - 3 months ago

Near-Term Pressure Up in Russell 2000

As long as 1653 holds on the Russell 2000, the near-term pressure will remain up.
by Mike Golembesky - 3 months ago