The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

Jeffrey Kennedy brings more than 15 years of experience to his position as Elliott Wave International's Senior Analyst and trading instructor. He knows firsthand how hard it can be to get simple ...

When it comes to Elliott Wave principle, the most important thing for me is to focus on clear wave structures. I don’t want to spend time on price action that is messy, choppy, and very hard to read.

U.S. stocks could sink by more than 20 percent if the neckline of a head-and-shoulders pattern on the Dow Jones Industrial Average is breached, according to Elliott Wave International Inc.'s Robert ...

Over the past several updates, as seen here and here, we have been tracking a rally to SPX 6690+/10, from which we expected a 3-5% pullback before the next rally to approximately SPX 7120 would ...

The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called the "Elliott Wave Theory." The interim bearish outlook put forth by the Elliot ...

As recently as 23 January 2024, Bitcoin was at a low of $38,460, and today, in just about four weeks, it has rallied to a high of $63,933, a gain of over 66% from that low. As regular readers of my ...

In our previous update, see here, and as shown in Figure 1 below, we found for Bitcoin (BTC USD) by using the Elliott Wave Principle (EW) that, “… the next rally may be imminent, because second waves ...

I use a branch of technical analysis known as the Elliott Wave Principle, which says, in simple words, that a bull cycle is made up of 5 waves. Once the 5 waves are finished, we should get a ...