Why Our Trading System is Superior to Others
We avoid directional bias by utilizing a combination of dissimilar but robust technical analysis tools and have developed a mix of the specific tools most likely to provide timely trading setups.
The Stock Market is Entering 2023 at a Critical Juncture
The Stock Market Is Entering 2023 At A Critical Juncture
Summary
There is a cluster of three large-degree Fibonacci targets that suggest that the Dow Jones Industrial Average has not completed 5-waves up from the 1932, 1974 & 2009 lows yet.
The March 2020 low was an intermediate-degree (black) wave 4 low. There are two potential ways the market can finish a 5-wave structure up from that low.
Shorter-term, I’ve been tracking three potential wave counts for the S&P-500. The market could eliminate up to two of those counts during the first few weeks of the new year.
Our method of combining Elliott wave and its associated Fibonacci price targets, Hurst cycle analysis, sentiment extremes, momentum, volume signatures and more provide higher confidence trading forecasts than Elliott wave theory when used alone.
What’s Driving the Markets this Year?
What’s been driving the markets this year? If your market research consists primarily of watching financial television channels, you’d swear that the Fed must be controlling all market movements like it was a puppet master! The vast majority of TV pundits will answer questions about where the market is going next with at least some mention of the Fed. Let’s look at all the Fed’s rate changes so far this year to see if they are producing consistent buy or sell signals for investors and traders.
How to Utilize Elliott Wave Plus
Welcome to the October 2022 Quarterly Premium Plan Webinar. These quarterly events are Elliott Wave Plus’s most anticipated events. Our current subscribers find these recording extremely useful, as do our free visitors at ElliottWavePlus.com. This video and blog will show how to best utilize our service offerings here at Elliott Wave Plus and will help new subscribers decide which subscription tier is right for them.
Accurate Predictive Technical Analysis
Elliott Wave Plus continues its hot streak when it comes to technical analysis and future roadmaps on multiple stocks and sectors.
Quarterly Premium Plan Webinar and Sortable Spreadsheet – Aug 4, 2022
We believe our sentiment condition screenshots are so amazingly valuable to traders, we wanted to spend some time showing viewers how to read those charts, and how to utilize them in your trading. These charts show DSI (retail positioning), and multiple measures of commercials (the producers/hedgers) positioning. As we all know, retail traders are notoriously positioned on the wrong side of trade at major turns. Knowing retail vs commercial is crucial when timing your trades.
Sentiment Conditions on Silver are Currently Bullish – July 27, 2022
Here at Elliott Wave Plus, we are constantly on the lookout for “perfect storms” of bullishness or bearishness via our Sentiment Conditions screenshots for Premium Plan subscribers. A “Perfect Storm” appears when Commercials (the producers/hedgers) are heavily positioned exactly opposite to Retail Traders (trend-followers/chasers). That exact condition currently exists on both Silver and Copper. And Gold and Platinum are very close. Below is our current Sentiment Conditions screenshots on Silver. (Click on the chart to enlarge):
