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

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 week 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 - 2 weeks ago

Immediate Acceleration Pattern

Monday’s session showcased a grind-up day bias with the market gearing towards all-time highs.

by Ricky Wen - 3 weeks 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 - 1 month 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 - 1 month 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 month 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 months 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 - 2 months 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 - 2 months ago

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