Recent Articles by Avi Gilburt

Pullbacks Are Still Quite Within Reason – But Know Where Melt-up Takes Hold

I want to try to summarize my larger degree thoughts into this update, which I reviewed in my live video this morning, so everyone can be clear of my perspective at this time.
by Avi Gilburt - 1 week ago

The Meaning Of Five Waves

As long as we hold 3497SPX, then the market has potential to extend within this 5th wave of wave [1].
by Avi Gilburt - 3 weeks ago

Is The Market Lulling You To Sleep?

As long as the market remains below immediate resistance, I want you to stay on high alert, because the next break down below yesterday’s low opens a trap door for market price.
by Avi Gilburt - 1 month ago

The Reports Of My Death Have Been Greatly Exaggerated

Despite the Emini S&P 500 (ES) slightly breaking below the .382 retracement support last night, the market has come back roaring today to complete 5-waves up off the low structure last week.
by Avi Gilburt - 2 months ago

Not Making It Easy

As long as the market now remains below 3330 on the Emini S&P 500 (ES), then I still expect another decline to complete this [c] wave, as shown on my 5-minute ES chart.
by Avi Gilburt - 2 months ago

Lessons I Learned In My Career

When I was young and first starting out in trading, if the market would come to a point at which I thought it would turn, I was often quite impulsive and impetuous, so I would aggressively short at that point. And, since I was following analysis being provided by others, I would often find myself in the hole with those short trades, as the analysis I was following often turned out to be wrong (there are a lot of bad analysts out there). It took me a while until I learned that most of the analysis I would follow only had a bearish bias, which is why I lost a significant portion of my trading account.
by Avi Gilburt - 2 months ago

Time To Assess Where We Are In 2020 And What Is Yet To Come For 2021

As we came into 2020, my primary expectation was for the stock market to top out, and provide us with a c-wave decline towards the 2200SPX region. And, when the market exceeded my upside target in the 3000/3100 region, it certainly made me question that potential. If you were following my analysis closely, you would know that week after week during the first 2 months of 2020, I was highlighting the extreme divergence we were seeing between the SPX relative to the IWM and the EEM. And, when the SPX exceeded the 3200SPX region, I even outlined what it would take for me to abandon the bearish expectation being driven by the EEM and IWM charts.
by Avi Gilburt - 3 months ago

Hitting Targets – And, Then Some

While it has certainly not been an easy ride, we have just arrived at the 3340 target on the S&P 500 (SPX) we have had for the blue wave 3 for weeks now.
by Avi Gilburt - 3 months ago

Silver Is A Game Changer

Now that silver has broken out, it is rather clear to me that we are in the midst of a 3rd wave.
by Avi Gilburt - 4 months ago

Quick Silver Update - Market Analysis for Jul 20th, 2020

Should silver continue higher, it likely will spike up and my next IDEAL target is the 22.16 region for the standard Fibonacci Pinball structure.
by Avi Gilburt - 4 months ago

I May Be A Stubborn SOB

I know everyone is expecting downside in the market because we have gone much further to the upside than anyone expected -- well, other than us (smile).
by Avi Gilburt - 4 months ago

Is Everyone Enjoying Their Jello?

At the end of the day, my larger degree expectations still remain in place, and that is we will likely see much lower levels in the coming weeks.
by Avi Gilburt - 5 months ago

Correction Flood Gates Opened Today

Having recently struck within pennies of the ideal target I outlined over the last few weeks in the 3234 SPX region, the market today confirmed our expectations for a larger degree pullback to take shape.
by Avi Gilburt - 5 months ago

Almost At The Target

If you have been following closely, I have wanted to see the market rally to the 3020-3080SPX region to complete wave [3] in blue on my charts. And, we have struck the bottom of that target today.
by Avi Gilburt - 6 months ago

Bears Have A Set-Up

The bears have a set-up to break down below today’s low and follow through below 2870ES (2880SPX) support to open the door to the 2700-2750SPX region for the [c] wave of wave [4].
by Avi Gilburt - 6 months ago

Putting The Market Into Context

When you consider that the last 30% of the rally has the most risk, and that even if the market does complete all 5 waves up into the 3200-3300 SPX region it will still pull back below 2900 in wave ii later this year, you have to really consider whether you, as an investor, wants to take that additional risk.
by Avi Gilburt - 7 months ago

Market Testing Both Sides

Over the last week, the market did a wonderful job in taking us up to the 2890 region target on the S&P 500, and testing the bears. And, as we have been highlighting, that would be a good place to de-risk a bit, after we caught the bottom in the SPX back in March.
by Avi Gilburt - 7 months ago

Lesson In Corrective Structures

With the market following through to the downside as we generally expected in this set up, we are approaching an important cross roads which will determine if we have a lower low yet to be seen, which is our primary count, or if the bottom has already been struck.
by Avi Gilburt - 7 months ago

One Last Try - Market Analysis for Mar 17th, 2020

As you can see from the attached 5-minute chart on the Emini S&P 500 (ES), as long as we remain below today’s high, there is an immediate path to a lower low.
by Avi Gilburt - 8 months ago

We Are Again At Major Support

The S&P 500 is now in the heart of our target zone for a 4th wave.
by Avi Gilburt - 9 months ago

Metals Are Getting VERY Close

I think we may finally see fireworks in the metals over the coming weeks.
by Avi Gilburt - 9 months ago

Completing The b-Wave

Last week the SPX topped 23 cents below our ideal 3338 target, completing wave (3) up, and then hit a low this week within 8 points of our 3225 target for the a wave of (4) down.
by Avi Gilburt - 10 months ago

Market Stretching For Higher Targets

As long as 3270 ES holds as support, then I can still expect one more push higher towards the 3338 region on the S&P 500. But, once that support breaks, then it is likely that the larger degree pullback has likely begun.
by Avi Gilburt - 10 months ago

Nice Follow Through On Metals

As the metals were completing their corrections over the last several weeks, silver gave us its usual high probability bottoming indications with the 144-minute MACD bottoming out. And, it was at that time I noted that looking down was not the most profitable of ventures any longer.
by Avi Gilburt - 11 months ago

Finally A Decision - Market Analysis for Dec 12th, 2019

With the S&P 500 breaking through 3151 today, it has made its decision of a direct path for a 5th wave. And, as I have been outlining, it looks like this 5th wave is taking shape as an overlapping ending diagonal.
by Avi Gilburt - 11 months ago