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.

Nightly Crypto Report: Decision Forthcoming

If Bitcoin is going to hold $62,745 it should reverse this weekend.
by Ryan Wilday - 3 days ago

Pattern Is Full But Market Remains Over Support

We saw the market open higher today thus giving us a potentially full pattern down to the most micro of levels.
by Mike Golembesky - 4 days ago

Still Not Enough Evidence That Upside Has Completed

Unless a break back below today's low is seen, there is still not reliable evidence of a local top in place, with the door remaining open to another high from here.
by Garrett Patten - 1 week ago

Using Fibonacci Setups for Trades: IWM Chart Example

The beauty of using Fibonacci setup for trades is the fact that you have a clear definition of risk. Let's look at a recent example in IWM.
by Carolyn Boroden - 3 weeks ago

Winning Fibonacci Setups in ES and Crude

We had a bearish setup on the ES 120-minute chart that started yesterday and is meeting all 3 targets today for an over 70-point decline.
by Tammy Marshall - 3 weeks ago

Nightly Crypto Report: Precarious

Ether is leading the downward movement, while Bitcoin hovers in a tight range, yet very precariously over support levels.
by Ryan Wilday - 3 weeks ago

Where Fundamentals Meet Technicals: HAL and SLB

This issue of Where Fundamentals Meet Technicals focuses on Halliburton.
by Lyn Alden Schwartzer - 3 weeks ago

Capitalizing On Fibonacci Price Clusters

Fibonacci price clusters are a great way to trade the stock index futures.
by Carolyn Boroden - 4 weeks ago

Getting The Jump On Gold's Rally

We have setups in the market not only on the daily charts, but also the intraday charts. This recent example is in the gold market.
by Carolyn Boroden - 1 month ago

Market Trades Flat and Remains Above Support

I am watching two key support levels to give us a signal that we may have put in a top.
by Mike Golembesky - 1 month ago

The Subwave Path for TSLA

We talked about the subwave path for TSLA last week and how the (c) wave, if starting off 167, could be hard to distinguish from an alt purple b-wave of a wider flat.
by Zac Mannes - 1 month ago

Where Fundamentals Meet Technicals: Emerging Markets

The technical analysts thus far have somewhat divergent views on them, and the fundamentals have a lot of variables to analyze as well, which makes it very difficult. My base case is that the bottom is in, and my long-term view from a fundamental perspective is bullish. But there are some caveats that could change that view toward more bearish scenarios.
by Lyn Alden Schwartzer - 1 month ago

Fibonacci Analysis Anticipates Rally In Gold

Time and Price has kicked in recently in the gold market.
by Carolyn Boroden - 1 month ago

Big Winning Week for Stock Waves Earnings Calls

Stock Waves' earnings calls had an outstanding week. Of the calls with a specific directional move on earnings, there were 14 winners out of 18.
1 month ago

How Will A Potential Broad Market Decline Impact Mining Stocks?

A question was asked in our MMA service about a potential broad market equity decline also dragging on Mining Stocks. I am reposting my reply for the benefit of all.
by Zac Mannes - 1 month ago

Nightly Crypto Report: Decision Starts Now

Bitcoin and Ether are in their first test off the recent lows. The decision as to whether we need another low or not starts now.
by Ryan Wilday - 1 month ago

Identifying Winning Setups in Gold, Oil & IWM

In the Fibonacci Markets & Stocks service, co-host Tammy Marshall identified winning setups in gold and crude oil (short) and IWM (long) this past week.
1 month ago

Has the b-wave finished?

The market rolled over today, failing to hold the retrace support cited for wave iv of (c) and then making a sustained break below the 5105 signal support.
by Garrett Patten - 1 month ago

Bayesian Service Sees Big Win Rate In April, Introduces Longer-Term Reports

Luke Miller's swing trading system in his Bayesian ETF Alerts service has had 17 winners out of 20 closed trades so far in April across a range of ETFs for an 85% win rate.
1 month ago

Market Moves Higher, But Still Under The Key Pivot For Now

Today we saw the market open up flat but move up in the later part of the day. We are still, however, under the key resistance/pivot zone that we will need to break to give us a signal that we have indeed put in a bottom in all of the wave a.
by Mike Golembesky - 2 months ago

Nightly Crypto Report: Turning Higher

I now assume Bitcoin has formed a bottom of sorts.
by Ryan Wilday - 2 months ago

Where Fundamentals Meet Technicals: Stocks vs Gold

This issue of Where Fundamentals Meet Technicals looks at the S&P 500 to gold ratio, now that there has been a rather significant rotation.
by Lyn Alden Schwartzer - 2 months ago

Getting The Jump On AAPL's Short-Covering Rally

Sometimes you need to look at the bigger picture to find a setup in the markets. This was the case in AAPL recently.
by Carolyn Boroden - 2 months ago

MM Big (and Small) Picture Update

MMI was down for today with a "large move alert" in effect.  Today's move has satisfied the large move alert, and it no longer applies through Monday.  There is no MMI for the weekend (Monday RTH open) and preliminary for Monday itself is down (below open).  The latest daily charts are below:While MMI is not able to confirm "the" top is in, the weekly and monthly outlook was for "a" top, most likely this week or next.
by Dr. Cari Bourette - 2 months ago

b-Wave Consolidation - Market Analysis for Apr 8th, 2024

From the looks of the current action, it would seem the market is simply engaged in an ongoing b-wave consolidation.
by Avi Gilburt - 2 months ago