The Elliott Wave Theory is based on the idea that the market advances in 5 waves and pullback in 3 waves. The idea has become very famous and millions of traders around the world practice it. We at ...

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 ...

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 ...

American stocks are poised to resume a bear market that may last for decades, according to Steven Hochberg of Elliott Wave International, who studies patterns and cycles of stocks to predict price ...

The market is nearing a major long-term top, driven by extremely bullish sentiment and low cash reserves in mutual funds. Historical patterns and Elliott Wave analysis suggest we are concluding a ...

We recommended buying more stock on April 7th due to a Green Zone reading in our Master Sentiment Indicator and a peak in the VIX. We expected an intermediate-term rally lasting two to six months, ...