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.

What Is "No Man's Land" From An Elliott Wave Perspective?

Often times you'll see a support zone on a chart marked with a blue box or the analyst will explicitly write something like "$27.80-$28.66 remains larger support for upside continuation." Additionally you may see a comment like "Alternatively, should price continue down a make a sustained break below $27.09 it would open the door to a wider flat in progress off the May high, which could target a retest of the August low." So, what happens in the space between the lower end of support in this scenario ($27.80) and the signal level for a breakdown ($27.
by Jason Appel - 4 days ago

Sentiment Speaks: If You Follow The Fed Then You Are Behind The Curve

Through the years, I have attempted to explain to those reading my missives that believing that any entity has control over the market is absolutely absurd. And, no matter how many empirical examples I have provided through the years, the common failure to recognize the truth represented by these facts causes most people to perform mental gymnastics in order for them to retain their prior erroneous beliefs. One such example is the absolute belief that the Fed controls various markets.
by Avi Gilburt - 5 days ago

Welcome to Our Newest EWT Analyst Jerry McCullum

Please join us in welcoming our newest analyst to the EWT family, Jerry McCullum, or as most of you know him, “xhoosier.” Jerry will be teaming with Princely Mathew in providing analysis for our members in The Smart Money service.
by Avi Gilburt - 1 week ago

Sentiment Speaks: The Most Common And Important Question I Have Been Getting Of Late

As many of you may have read from my prior articles, I am expecting the market to transition into a major bear market as we look towards 2025.
by Avi Gilburt - 1 week ago

U.S. Dollar Grinds Lower But Is Still Sitting Over Key Support

Last week the DXY broke under the low that was struck on August 26th, giving us further confirmation that we are indeed following the primary count lower.
by Mike Golembesky - 2 weeks ago

Nightly Crypto Report: Filled In

Bitcoin has filled in what I wanted to see in order to complete circle-B. Now we see what it is made of.
by Ryan Wilday - 2 weeks ago

Where Fundamentals Meet Technicals: TGT, KWEB, VALE

A number of beaten-down stocks have shown some evidence of forming powerful base levels from which to rally from. This issue of Where Fundamentals Meet Technicals compiles three of such cases.
by Lyn Alden - 2 weeks ago

Sentiment Speaks: Nothing Can Topple This Market

I expect the confidence in this bull market to hit even further extremes, and when we do top, there will likely be almost no one expecting anything other than a continuation of the current bull trend.
by Avi Gilburt - 3 weeks ago

The Fed Cut, Now What?

Yesterday, the Fed decided to cut the target rate by 50 bps. Last week, was a 50/50 probability, but early in the week 50 bps is what the consensus expected. The market response was initially a "meh", and now today (September 19th) the indexes are rallying. Let's take a closer look at what this means.
by Will Barton - 3 weeks ago

Getting The Jump On META's Rally

One of our main trade setups in the FMA service is called a Fibonacci Price cluster, illustrated in a recent setup in META.
by Carolyn Boroden - 3 weeks ago

Sentiment Speaks: Will Kamala Or Trump Cause A Depression?

This past week, I heard an interview with President Trump, during which he postulated that “this country will go into a depression if she wins the presidency.” Now, believe me, I am no fan of Harris, but I just have to present my perspective that I do not believe this claim to be true. Rather, I think that whomever is going to be the next resident of the White House will likely preside over the start of what may become known as the “Great-er Depression.
by Avi Gilburt - 1 month ago

Cleveland-Cliffs: Cyclical And Pointing Down - Where Would It Be Bullish?

This update to the readership is to show where the current downward move may terminate and when the chart could turn bullish again.
by Levi - 1 month ago

A Fibonacci Downside Setup In NQ

On Tuesday we identified a sell zone of 19691-19702 in NQ futures.
by Carolyn Boroden - 1 month ago

Time For Some Bullish Defensive Plays

Rather tongue-in-cheek, some will refer to these types of defensive plays as Beans, Bullets and Beer.
by Levi - 1 month ago

Capital One: A Deep Dive To Discover What’s Really In Your Portfolio

If you have not already done so, a deep dive into all available financials for Capital One will help you discover what’s really in your portfolio. Should you choose to hold this one then knowing what risks are currently presenting themselves as well as what investor sentiment is telling us will facilitate you to be forearmed for the future.
by Levi - 1 month ago

Third Wave Likely Underway For The U.S. Dollar

Last week we were once again testing the upper end of the downside pivot waiting for the DXY to confirm that we had indeed begun the third wave as part of the larger wave (c) down. This week we finally broke through that pivot.
by Mike Golembesky - 1 month ago

Anticipating The Low In the SPX

Many market "timers" never actually use the TIME AXIS of the markets to help determine where to watch for possible market turning points. This is one of the things we do in the Fibonacci Markets & Stocks service on EWT.
by Carolyn Boroden - 1 month ago

Where Fundamentals Meet Technicals: SLB and COST

For Stock Waves, I scan for opportunities for where a stock’s fundamentals match its technicals, either bullish or bearish. This article takes a look at two stocks with potentially divergent outcomes.
by Lyn Alden - 1 month ago

Sentiment Speaks: You Are All Fooling Yourselves

Last week, I wrote an article entitled “Reasons For A Crash.” And, I will let you in on a little secret – I actually wrote that title as a test. You see, I assumed that the great majority of those that clicked to read the article would do so because they expected that I would provide fundamental “reasons” as to why I think we are going to crash.
by Avi Gilburt - 1 month ago

A Bigger Recipe Setup Brewing, But With A Wrinkle (SPX)

When we get "the recipe" setup it can produce some higher-probability scenarios with specific risk vs reward.
by Levi - 2 months ago

Calling The Market Turns With Big Results

With the increased volatility in the market, Mike Golembesky's VIX & Index/Sector Trading service has been on a tear of late.
2 months ago

Sentiment Speaks: Reasons For A Crash

Recently, we have seen a 10% drop in the S&P500. And, there is no shortage of reasons that the financial media pundits have ascribed to that decline.
by Avi Gilburt - 2 months ago

Break Down - Market Analysis for Aug 5th, 2024

The market has broken below our initial signal point of 5191SPX, which has been noted as our initial indication that a major top has potentially been struck. But, that does not mean we will continue to drop in a straight line.
by Avi Gilburt - 2 months ago

World Markets Weekend: Eye on Asian Markets

See our wave counts on the Nikkei, Shanghai, Hang Seng, Nifty and ASX.
by Garrett Patten - 2 months ago

Watching for Next Major Cycle Low

Looking at the cycles, if mid-July was the major cycle high and it is looking like that was accurate, then the next major cycle low comes by mid-to-late August.
by Princely Mathew - 2 months ago

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