Latest News at ElliottWaveTrader

Below is a sampling of articles by our analysts at ElliottWaveTrader. More than a dozen articles and several hundred shorter posts by our analysts are produced daily for members across all our services at EWT.

Slow Day As Market Grinds Higher

Today we saw the market grind higher, giving us a potentially completed micro pattern off of the January 13th low.
by Mike Golembesky - 1 day ago

Identifying A Winning SPX Trade Using Symmetry Support

Recently, we hit and held key symmetry support on the weekly chart of SPX. We knew that area was support, but we didn't know for sure it would hold, so we typically wait for a trigger against a zone like this.
by Carolyn Boroden - 5 days ago

Sentiment Speaks: Don’t Worry About A Repeat Of A 1929 Depression; It Will Likely Be Much Worse

Whereas the Great Depression was the result of one stock market crash and lasted approximately a decade, I believe the upcoming bear market has potential to last twice as long and cause many crashes along the way.
by Avi Gilburt - 1 week ago

Sentiment Speaks: Targeting 7000+ In The S&P500 In 2025?

Before you begin to give any weight to the fact that Wall Street analysts are all very bullish for 2025 or to believe that 2025 will continue along the same path as 2023 and 2024, I think you should consider how often they are wrong.
by Avi Gilburt - 2 weeks ago

Where Fundamentals Meet Technicals: M, PM, EFA

This issue of Where Fundamentals Meet Technicals looks at some beaten-down value stocks to see if there are any diamonds among the rough in this bunch.
by Lyn Alden - 3 weeks ago

I Believe That I Must At Least Consider This Possibility (SPX)

No, this is not a 'top call'. I'm really not much for calling tops and bottoms. Are we able to project probabilities based on the structure of price? Sure. But in a world of infinite potentialities there are so many paths that can manifest. This being the case, I really do go more for solid setups.
by Levi - 3 weeks ago

Sentiment Speaks: Why Do We Rely On News?

Well, that was quite the eventful week. We had a Fed announcement, and all the market geniuses were quick to attribute the cause of the 3% decline to the Fed announcement. However, this is nothing more than a foolish and very superficial perspective, which evidences their lack of true understanding of how our markets work.
by Avi Gilburt - 1 month ago

Example of a Symmetry Setup In GOOGL

GOOGL rallied off symmetry support we projected from prior declining swings.
by Carolyn Boroden - 1 month ago

Is The Metals Rally Done?

If you read the weekend analysis I put out late Saturday night, then you would have expected this rally we experienced during the first half of this week. However, we have now arrived at a very important juncture, which will likely determine if this rally has more legs over the coming weeks, or if we see that weakness that I was expecting when this move completed.
by Avi Gilburt - 1 month ago

Market Down, But Not Out

Today we saw the markets move slightly lower, and we did break the very first upper support level that I was watching to give us a signal that we may have put in a local top. We are, however, well above several key pivot levels below that will need to break to give us an initial signal that we have indeed put in a larger degree top.
by Mike Golembesky - 1 month ago

Using Fibonacci Support Clusters To Catch AMZN Rally

On 11/21 we made a low at 195.75 in AMZN, directly within a key daily support cluster at the 193.87-195.99 area.
by Carolyn Boroden - 1 month ago

What I Told Investors At The 50th Anniversary New Orleans Investment Conference

I was recently honored to be a featured speaker, as well as a gold market panelist, at the 50th anniversary of the New Orleans Investment Conference. So, what follows is a slightly modified version of the presentation I gave during my featured speech.
by Avi Gilburt - 1 month ago

Sentiment Speaks: Investors – Not Markets – Are Being Manipulated

These last few weeks have been quite interesting and have brought out some intriguing comments from the investor and analyst community alike. Yet, the underlying theme, as seen by this market observer, is that investors and analysts truly believe that they are being objective, when, in fact, they are simply being driven by their base biological drives without even realizing it.
by Avi Gilburt - 1 month ago

Using Symmetry Projections For Better BTC Entries

Using symmetry is awesome for helping you get into a trending market on pullbacks. Here are two actual examples on a continuous daily futures chart of BTC.
by Carolyn Boroden - 2 months ago

Sentiment Speaks: This Is My Strong Warning To You

As the market has now struck the upper end of my long-term target set many years ago, it seems many have embraced this bull market, to the extent that they see no reason for it to end. However, that is usually the time one has to pay attention for the potential for it to come an end.
by Avi Gilburt - 2 months ago

Using Timing Clusters To Spot SPX Correction

So far we have seen a decline of 164.30 from this timing cluster. Next we will look for a possible low with our next timing early this week.
by Carolyn Boroden - 2 months ago

Nightly Crypto Report: Finally Some Structure

Finally, Bitcoin corrects enough to help give the chart some microstructure to ground micro expectations.
by Ryan Wilday - 2 months ago

World Markets Weekend: Correction May Not Yet Be Complete

The price action in European indices seems to suggest that the correction off the October high may not have completed yet.
by Garrett Patten - 2 months ago

Where Fundamentals Meet Technicals: COST, META

This issue of Where Fundamentals Meet Technicals looks at two bearish charts on popular stocks that Zac has presented, to see to what extent the fundamentals agree with the bearishness.
by Lyn Alden - 2 months ago

Market Continues To Push Higher Into the End Of Day

Overnight we saw the market break sharply higher only to be followed up throughout the day with a continuation of that move.
by Mike Golembesky - 2 months ago

Kamala Wins by a Market Crash?

This is *not* a political article. Please don’t make it that. This is a review of some very odd projections surrounding the current election that are based on the analysis of social mood, presidential election odds, and the stock market.
by Dr. Cari Bourette - 2 months ago

Applying Fibonacci Analysis to MSTR

Carolyn Boroden, co-host of the Fibonacci Markets & Stocks service at EWT, got a request for an update in MSTR, which has since rallied $31.81 off the cluster zone.
3 months ago

VXX Levels To Watch

Here are the price levels to watch over the next several days in the event that the VXX does indeed hold the 50.62 level and push higher.
by Mike Golembesky - 3 months ago

Nightly Crypto Report: Pressing On

Bitcoin continues to push upward in the red count.
by Ryan Wilday - 3 months ago

What Is "No Man's Land" From An Elliott Wave Perspective?

Often times you'll see a support zone on a chart marked with a blue box or the analyst will explicitly write something like "$27.80-$28.66 remains larger support for upside continuation." Additionally you may see a comment like "Alternatively, should price continue down a make a sustained break below $27.09 it would open the door to a wider flat in progress off the May high, which could target a retest of the August low." So, what happens in the space between the lower end of support in this scenario ($27.80) and the signal level for a breakdown ($27.
by Jason Appel - 3 months ago

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