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 ...

From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...

SPX continues to decline from the 2026 high in a methodical pattern. Back on February 18, we forecasted a decline to 6,521 ...

Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...

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 ...

Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...

Bitcoin's (BTC) resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise. According to ...

The ending diagonal pattern started at $6,521 on November 21 and appears to have completed in truncation at $6,993 on February 11. Ending diagonal patterns take the shape of a rising wedge and signal ...

Since Silver has been in strong uptrend, and we have managed to stay on track since the uptrend began in 2024! Today we offer you recent flashback on Silver since just a few days ago, when we sent out ...