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 Trading 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

Near-Term Pressure Still Down In US Dollar

This week the US Dollar Index (DXY) continued to consolidate under key resistance at the 97-69-98.
by Mike Golembesky - 1 week ago

Market Trying To Confirm A Top

Today the S&P 500 opened up again moving well into overextended territory.
by Mike Golembesky - 3 weeks ago

Approaching Local Top

I still think the Nasdaq 100 (NDX) is getting close to at least a local top even if this does grind a bit higher first.
by Mike Golembesky - 1 month ago

Patterns Getting Quite Full

We still do not have an initial signal of a top just yet, but the pattern on the Nasdaq 100, like with the Russell 2000, is getting quite full.
by Mike Golembesky - 1 month ago

Local Top Forming For Nasdaq?

The structure of the NDX move up off the 8562 low now counts better as a 3-wave move rather than a full 5 up.
by Mike Golembesky - 1 month ago

USD Moves Lower

Last week I noted that the US Dollar may not be far away from a sharp reversal after grinding higher into the end of the week.
by Mike Golembesky - 2 months ago

Nasdaq Breaking Out, But ...

The break higher in the Nasdaq 100 should take the shape of an abc up off of yesterday's low and will likely be a very muted move.
by Mike Golembesky - 2 months ago

Eyeing Resolution In Russell 2000

The Russell 2000 Indices (RUT & RTY) are trading down this morning, and I am watching the 1154 level to the downside as a key pivot.
by Mike Golembesky - 2 months ago

US Dollar Starting To See Downside Follow-Through

The US Dollar still has several price levels that need to be taken out before we have further confirmation that it has indeed struck a top.
by Mike Golembesky - 2 months ago

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 - 3 months ago