About Mike Golembesky

Mike Golembesky Michael Golembesky is a senior analyst at ElliottWaveTrader covering Forex, the S&P 500 and the VIX. He contributes frequently to Avi's Market Alerts service while also hosting his own VIX Trade Alerts service and co-hosting the EWT Forex service.

He 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 Services

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.

Forex is a standalone service in our Trading Room that features chart analysis and alerts on trading opportunities in both the major and minor forex pairs, as well as crypto cross pairs, hosted by Mike and Arkady Yahknis. The six majors are EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, and AUDUSD.

The crypto pairs are BTCEUR, BTCGBP and BTCJPY. As potential set-ups or member requests arise, additional crypto cross pairs, including ETH, LTC, BCH, XRP, are analyzed relative to the heavily traded fiat currencies.

See a recent Webinar by Mike on applying Elliott Wave analysis to Forex trading.

Story Archive

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 - 1 week 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 - 2 weeks 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 - 1 month ago

New Lows On The US Dollar Could Signal More To Come

This week we saw the DXY continue to move lower breaking down below the November lows, thus giving us further confirmation that we have indeed struck a longer-term top on the US Dollar.
by Mike Golembesky - 1 month ago

NDX Could Still See Lower Low Prior to Breakout

My base case at this point in time is still that we will see a lower low under yesterday's low prior to breaking back up over the 8641 high on the NDX.
by Mike Golembesky - 1 month ago

Still No Resolution On The US Dollar

After taking a bit of a breather the previous week, the US Dollar Index (DXY) this past week moved higher once again which has left the door open to still seeing this resolve in multiple different paths.
by Mike Golembesky - 2 months ago

Several Paths Now Open As Dollar Fails To Make Another Low

Failure to follow-through has now left the door open to several possible paths for the US Dollar, one of which is yet another high prior to seeing a larger degree top.
by Mike Golembesky - 2 months ago

Local Bottom for VXX?

Yesterday the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) bounced off of the 200% Fib extension almost on the nose, which is a good signal that we may have formed at least a local bottom.
by Mike Golembesky - 2 months ago

The US Dollar Continues To Get Hammered Into The Week’s End

After seeing a strong move lower over the previous two weeks, the US Dollar Index (DXY) saw continued follow-through to the downside, now having made a fairly direct move into the 97.
by Mike Golembesky - 3 months ago

VXX Still Forming Larger-Degree Bottom

With the continued breakdown in the VXX last week, we are now left with the yellow primary and blue alt counts.
by Mike Golembesky - 3 months ago