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.

Time-Price Setup In TSLA

We had a time and price setup in TSLA on Thursday that preceded Friday's breakdown.
by Carolyn Boroden - 2 days ago

Where Fundamentals Meet Technicals: AMZN, NTR

This issue of Where Fundamentals Meets Technicals takes a look at two companies that should provide decent long-term appreciation, although naturally they both face a lot of uncertainty in this difficult time.
by Lyn Alden Schwartzer - 5 days ago

Market Hitting Its Head Against Resistance But Still Has Yet To Break Support

While the market is oversold at these levels on multiple timeframes and does have a potentially full pattern into today's high, until we see a break down below the upper support zone at the 4087-4052 zone we simply do not have confirmation of a top just yet.
by Mike Golembesky - 6 days ago

Silver Follows Through After Breakout Alert

In his Metals Update on Thursday July 21, Avi Gilburt wrote: "I think it's time to go on high alert for a potential break out in silver.
1 week ago

Are We Ready For 4100SPX?

As we have been highlighting over this past week, once this b-wave completed, our next target was the 4100+ region on the S&P 500 -- and, as it stands right now, the market is hitting its head on the door to take us there directly.
by Avi Gilburt - 1 week ago

European Indices Close Lower

The FTSE 100 started off initially higher this morning, briefly exceeding last week's high but quickly fading back to flat by the close.
by Garrett Patten - 1 week ago

Buyers Defend 3920 Ahead Of FOMC

Short-term bulls technically remain in full control when trending above ES 3920.
by Ricky Wen - 1 week ago

Timing Factors Provide Heads Up On SPX Low

Carolyn Boroden identified both timing cycles and key price support for a possible low last week in the SPX.
2 weeks ago

Break Out Set Up

While I cannot say that this set up is anywhere near as clear in GDX or GLD, I think its time to go on high alert for a potential break out in silver.
by Avi Gilburt - 2 weeks ago

Markets Find A Local Top And Head For Support

As long as we can maintain over the standard support zone for the wave 2/b pullback under these paths we should see higher levels in the coming weeks ahead targeting over the 4000 region as Avi had laid out in his weekend update.
by Mike Golembesky - 2 weeks ago

Nightly Crypto Report: Climbing Over the Worry Warts

The overall trend is down until we have a solid reversal -- here are the necessary steps to a solid reversal.
by Ryan Wilday - 2 weeks ago

Where Fundamentals Meet Technicals: HDB, ROKU

In this issue of “Where Fundamentals Meet Technicals,” I look at two growth stocks.
by Lyn Alden Schwartzer - 3 weeks ago

Calling The New Highs in US Dollar

In his weekend DXY report over the last three weekends in Avi's Market Alerts service, Mike Golembesky has been calling for another higher high in the U.S. Dollar Index.
4 weeks ago

Steady, Slow Grind Higher

As outlined as a possibility last weekend, we look to have built a higher low in the 3750 area and are back above 3900 again.
by Princely Mathew - 4 weeks ago

Anticipating The Bounce In GOOGL

Sometimes when we don't see a setup on a daily chart, the lower time frames fill in the blanks and we find one!
by Carolyn Boroden - 4 weeks ago

3850 Conquered After Multiple Attempts

Thursday’s price action showcased a decisive breakout above 3850 on the Emini S&P 500 (ES) that everyone has been waiting for the past few days.
by Ricky Wen - 1 month ago

European Indexes Drop Sharply

The Dax and STOXX have now undercut the prior March low, while the FTSE is coming very close to a retest of the prior June lows.
by Garrett Patten - 1 month ago

U.S. Dollar Is Still Over Smaller Degree Support

It would look better to still see at least one more higher high to finish off the wave (v) off of that May low before calling any move completed.
by Mike Golembesky - 1 month ago

Trying To Make Sense Of This Mess

Due to the break of the pivot yesterday, the market has left us in a very complicated posture -- and I am going to try to explain the potentials so that you can understand the difficulties.
by Avi Gilburt - 1 month ago

Market Outlook: Growing Income In Growing Uncertainty

Don't panic, stay focused on the income, as price movements in the market often are not tied to dividend safety.
by Rida Morwa - 1 month ago

Nightly Crypto Report: Trying To Push It

Bitcoin and Ether are attempting to break out, though it is still possible that they top in high B waves and retest wave 2 support.
by Ryan Wilday - 1 month ago

What Will It Take For This Bottom To Be The Bottom

While we are off to a good start here, we do still have a bit more work to do before we will have further confirmation that a bottom is indeed in place for the larger degree wave (4).
by Mike Golembesky - 1 month ago

Bottom Very Close - Market Analysis for Jun 18th, 2022

I think the best long opportunity of the year is right here or very close, and the next bigger move is higher into the 4300/4400 area.
by Princely Mathew - 1 month ago

Identifying A High-Probability Fibonacci Price Cluster In AMD

We had the combination of a .618 retracement of a prior swing, a 100% projection of a prior rally, and a 1.618 extension of a prior high to low swing, giving us a price cluster in the 109.40-84 area.
by Carolyn Boroden - 1 month ago

Potent Selling, Nearing Lower End Of This Week’s 3650 Demand Zone

If 3690-3700 does not hold after RTH open, expect gap down and go trend day towards 3650 on the Emini S&P 500 (ES).
by Ricky Wen - 1 month ago