About 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

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 - 4 hours 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 - 1 week 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 - 2 weeks ago

Key Time, Price Hovering Within the STFR Zone

Monday’s session was a big range day as expected, as the market did a great job of trapping both sides with the pickpockets during regular trading hours.

by Ricky Wen - 3 weeks ago

All Eyes on Continuation or Bust

The biggest hint we could take from the market are the daily closing prints, whether they are above/below 2865 on the Emini S&P 500 (ES) in the next few sessions as the market makes up its mind on the higher timeframes.

by Ricky Wen - 1 month ago

Market in Wider Trading Range

The main takeaway from this session is that the market has established a key temporary floor and ceiling for this week.

by Ricky Wen - 1 month ago

Bulls Looking To Close Month at Dead Highs After 2-Day Breather

The Emini S&P 500 (ES) closed at 3015.25 on Tuesday managing to once again "stick-save" at our key intraday support levels.

by Ricky Wen - 1 month ago

Low of the Week Structure

Tuesday’s session was fairly textbook as price action decided to backtest into the lower end of the overall overall high-level consolidation area of 2969-2915 on the Emini S&P 500 (ES).

by Ricky Wen - 2 months ago

Proceed With Caution in Likely Consolidation Week

The S&P 500 is just a few points away from the 78.6% retracement of the entire drop, so the confluence of levels in this area is very important.

by Ricky Wen - 3 months ago

Temporary Bottom Established, Deadcat Follow Through

The main takeaway from Monday’s session session is that the temporary bottom/floor has been established and the dead-cat bounce is following through and has already fulfilled its first target of 2765.

by Ricky Wen - 3 months ago

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