About Ricky Wen

Ricky Wen Ricky Wen hosts the ES Trade Alerts service at ElliottWaveTrader.net, and also contributes his nightly KISS Report on the E-mini S&P 500 (ES) as well as educational posts to Avi's Market Alerts service.

Ricky is a full time trader and mentor who has been trading professionally since 2009, focusing on stock options and the ES futures. He is known for his mastery of candlesticks trading, moving averages, chart patterns and feedback loops. He has also developed his own proprietary Hourly Extreme Oversold/Overbought signals.

In his KISS report each Sunday evening, he includes a market projection for the week drawn in white, with an occasional "alt" projection in red. See example below of Ricky's white-line projection for the week of May 6, annotated later with the actual points the ES reached in mirroring the projection.

White-line market projection by Ricky Wen

Ricky's articles have appeared on sites such as Nasdaq.com, Gold-Eagle, Money Show and others.

Story Archive

No Changes, Pavlov’s Dog Heading into Holidays

Nothing has changed with the BTFD thesis when the market remains in a trending mode and especially when above daily 8EMA/20EMA.
by Ricky Wen - 1 week ago

Bulls Looking For Break Through High-Level Consolidation

Bulls are gearing for a daily closing print above 3100 on the S&P 500 that they’ve been battling against for 2 weeks now in terms of the high-level consolidation.
by Ricky Wen - 3 weeks ago

Uber Strength From Bulls

The last week of October alongside with the monthly+weekly closing prints played out as expected with the bull train continuing the acceleration into new all time highs.
by Ricky Wen - 1 month ago

Market Keeps Grinding Out Higher Lows and Higher Highs

The main takeaway from the 4th week of October is that the bulls are doing what was expected and keeping the trend strong and alive heading into the month end print.
by Ricky Wen - 1 month ago

Immediate Acceleration Pattern

Monday’s session showcased a grind-up day bias with the market gearing towards all-time highs.
by Ricky Wen - 1 month ago

Déjà vu or False Hope?

Basically, the bears had two legitimate chances to breakdown the 2880-2890s area on the Emini S&P 500 (ES) in a decisive manner, but they failed to capitalize on these perfect setups thus far.
by Ricky Wen - 1 month ago

Resurrection Of Bears

Tuesday’s session confirmed the resurrection of the bears alongside with the initial confirmation of the 3020s double-top pattern on the Emini S&P 500 (ES).
by Ricky Wen - 2 months ago

Market In Bull Flag

Last week played out as digestion as price action remained in a bull flag pattern given the prior three weeks of upside continuation from 2810 to 3025 on the Emini S&P 500 (ES).
by Ricky Wen - 2 months ago

Digestion vs. FOMC + Quadruple Witching

The second week of September was the third week of the upside bullish continuation pattern since the August 26 sticksave bottom at 2810.
by Ricky Wen - 2 months ago

Technically Bullish As Long As Above 2905

The overnight globex session has made a stance by breaking above the tight 2889-2926 range on the Emini S&P 500 (ES) and now attempting its 6th time breakout vs.
by Ricky Wen - 3 months ago