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

US Dollar Presses Higher And Approaches The Upside Resistance Zone

After consolidating last week, the US Dollar Index (DXY) began the expected path up for what is looking like the wave (c) of ((iv)) shown in the path in white.
by Mike Golembesky - 2 days ago

Looking Lower In Russell 2000

The Russell 2000 (RUT) appears to be topping in wave b and ready to begin wave c of the larger wave 2 down.
by Mike Golembesky - 1 week ago

US Dollar Turns Back Higher After Poking Under Support

The US Dollar Index (DXY) moved higher this week after poking under the 200 extension level last week.
by Mike Golembesky - 3 weeks ago

Topping Action In VXX

After a sharp move up yesterday beyond our 27.17 target area, the VXX saw a retrace of just about 50% of that move into the close.
by Mike Golembesky - 1 month ago

Are We There Yet?

Has the S&P 500 arrived at a top for the larger degree wave 3 that we have been looking for over the past several weeks in this region?
by Mike Golembesky - 1 month ago

Market Still Over Support, But No Breakout Yet

As long as the S&P 500 is holding over support, the near-term pressure does remain up.
by Mike Golembesky - 1 month ago

US Dollar Finally Breaks Down

This week the US Dollar Index (DXY) continued to move lower and has now finally broken under all of the key support levels that I have been noting for several weeks.
by Mike Golembesky - 2 months ago

Market Showing Mixed Signals, But Still Over Support For Now

While the market has yet to fully show its hand here, we are closing in on some fairly key support levels.
by Mike Golembesky - 2 months ago

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 - 3 months ago

Market Trying To Confirm A Top

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