In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Be careful with economic forecasts; the stock market is a leading indicator, driven more by investor emotions than economic data. Current levels of extreme bullish sentiment, plus very distinct ...
Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...
Using Elliott Wave Theory our analysis for US Dollar Index, EURUSD, and AUDUSD hints the USD wave of strength is over for several months. The video above is a recording of a US Opening Bell webinar ...
The current Elliott Wave for US Dollar Index appears to be a terminal wave. We are anticipating a US Dollar reversal below 96.03. The US Dollar rally that began in February 2018 appears to be nearing ...