Latest News at ElliottWaveTrader

Below is a sampling of articles by our analysts at ElliottWaveTrader. More than a dozen articles and several hundred shorter posts by our analysts are produced daily for members across all our services at EWT.

Heads Up For Possible SPX Low

The weekly chart in SPX has been helpful recently, with timing once again giving us a heads up for a possible low on this chart.
by Carolyn Boroden - 12 hours ago

Path To Perfection In Nat Gas Futures

Our NG charts have been quite prescient at nailing the turns, and price has reached the target established back in December.
by Jason Appel - 1 day ago

Initial Signs Of A Bottom

I have added pivots to the chart, as well as a support on the SPX chart between 3875-3915SPX -- so, to put this very simply, as long as we now hold over support, and then break out through the pivot, we have the potential to continue higher towards the 4150+ region to complete a larger degree 5-wave structure off the low.
by Avi Gilburt - 4 days ago

Bayesian Probabilities Support May Forming Multi-Month Bottom

The most important leading index for this potential bottom remains IWM holding above its important 168-172 cluster, of which it continues to do.
by Luke Miller - 4 days ago

Close But Haven't Seen THE Low Yet

My expectation is for us to continue the countertrend bounce for the early part of the coming week, which then gets sold in the latter half of the week.
by Princely Mathew - 5 days ago

World Markets Update: European Indices Higher

The Euro STOXX 50, DAX Performance Index and FTSE 100 all closed decently higher today, increasing odds of a bottom in place.
by Garrett Patten - 1 week ago

Where Fundamentals Meet Technicals: MELI, C, EEM

Growth stocks are among the most sensitive securities to interest rates, and they’ve been absolutely killed over the past year.
by Lyn Alden Schwartzer - 1 week ago

Bottoming Levels to Watch In Nasdaq

The Nasdaq 100 moved much deeper on the retrace and may be attempting a double bottom here or even another lower low which I could count as the bottom of the wave c of 5 of c fo (4).
by Mike Golembesky - 2 weeks ago

Danger Zones Have Been Money

For the last few weeks, Avi Gilburt has been highlighting "Danger Zones" in the market -- key upside retracement levels that could potentially boomerang the market back to the downside.
by "System" - 2 weeks ago

Time Cycles Are Worth Watching: FB Case In Point

One of the main tools I use every day that most other analysts don't are the cycles on the time axis of the market.
by Carolyn Boroden - 3 weeks ago

MarketMood Thursday: Non-linear

While not an exact match, with the big rally following the Fed chair's comments, this might be it as far as what we were watching for this week.
by Dr. Cari Bourette - 3 weeks ago

Final Test - Market Analysis for May 4th, 2022

Remember, it still takes a strong break out over 4310/20SPX to suggest that wave [4] is done, and that wave [5] has indeed begun.
by Avi Gilburt - 3 weeks ago

Capitalizing On Correction ... What's Next?

We were net short from early-January 2022 until a week or so ago…now, we’re long.
by Luke Miller - 3 weeks ago

Temporary Climax Bottom Ahead?

I am watching the 4200/4180 area on the Emini S&P 500 (ES) for buying support to come into the market.
by Princely Mathew - 1 month ago

Day #2 Success, Bulls Showing Commitment

The ES closed at 4455, confirming a day #2 above our key levels of 4425/4444, indicating that bulls may be ready to attack the 4500-4525 range high area into end of week.
by Ricky Wen - 1 month ago

Market Has A Failure To Launch But It Is Still Over Support

As long as this can hold over the 4333 level on the SPX, I am going to give the benefit of the doubt to the green count, which suggests we need another push higher for the wave v of 1 to finish off the leading diagonal up off of the Feb lows.
by Mike Golembesky - 1 month ago

Top Calls From Stock Waves

Bullish count on EVA and caution on ABBV pay off.
by "System" - 1 month ago

Capturing the Upside Reversal In Crude Oil

Fibonacci timing work can identify windows to watch for a possible reversal of whatever the market is doing into these cycles.
by Carolyn Boroden - 1 month ago

Where Fundamentals Meet Technicals: SBLK, FISV, ROKU, EEM

This issue of “Where Fundamentals Meet Technicals” takes a look a number of different market opportunities.
by Lyn Alden Schwartzer - 1 month ago

The Fed's Balance Sheet

The Fed released its minutes on Wednesday, which telegraph the Fed's plan for reducing the balance sheet.
by Rida Morwa - 1 month ago

Anticipating 400+ SPX Points Up … And Then 150 Down!

On March 12, with the S&P 500 having closed the week at 4204.31, Avi Gilburt wrote in his Weekend Report that "when sentiment turns towards this negative of an extreme, it almost always precedes an impending major rally.
by "System" - 1 month ago

A Stock Waves Energy Name Following The Fib Pinball Script

CDEV has been one of our favorite energy names since Fall of 2020 when we identified it coming into a wave (2) bottom just under the 76.4% retrace at under 50 cents.
by Zac Mannes - 1 month ago

Near-Term Pressure Remains Down

We need to see a full five up off of the lows on the Nasdaq 100 futures to take off the immediate downside pressure.
by Mike Golembesky - 1 month ago

Deep Dive: Macro Update and Growth Analysis

The macro section of this report focuses on energy, interest rates, and currency comparisons, and takes up extra length in this report due to the complexity of current macro conditions.Then, there is a significant bitcoin and crypto update. Lastly, the stock section of this report highlights a number of companies and industries that still have favorable growth prospects for 2022 and 2023 at a time when analysts are rather bearish on growth expectations for the broad SP 500.Macro ViewThis continues to be a time with significant macroeconomic uncertainty, with energy shortages, central bank tightening, yield curve control, and other issues.This section walks through updates on some of the major items impacting markets.
by Lyn Alden Schwartzer - 1 month ago

Consolidation Ahead Of Another Move Higher

I think we can remain in this consolidation mode for a few more days before attempting another move higher.
by Princely Mathew - 1 month ago