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.

Where Fundamentals Meet Technicals: ITUB

It's been more challenging to find alignments between fundamentals and technicals lately. Fundamentals on many equities broadly point sideways with a big range of uncertainty due to us being in a headline driven market. Many sentiment/technical indicators point down. One of the rare bright spots is Itau Unibanco (ITUB).
by Lyn Alden - 1 day ago

A Lesson From Merrill Lynch History

Herding is real. It is real when it causes the market to move up beyond reasonable “valuations,” and it is real when it causes the markets to move well below reasonable “valuations.” Ultimately, valuation is meaningless, as markets rarely trade at the mean or valuation and those using it as their primary investment focus cannot tell you how far beyond the “valuation” point the stock will run on either side.
by Avi Gilburt - 2 days ago

Market Sees A Retrace But Still Over Micro Support

Today we saw the pullback after the strong move up yesterday. At this point in time this pullback is still corrective in nature and we are well over the micro support/retrace levels.
by Mike Golembesky - 6 days ago

World Markets: Europe/Americas

A review of DAX, FTSE, STOXX, IBOV and IPC.
by Garrett Patten - 1 week ago

World Markets: Asia/Pacific

A review of Nikkei, Hang Seng, Shanghai Composite, Nifty 50, and XJO/ASX.
by Garrett Patten - 1 week ago

Monday Evening Addendum - Market Analysis for Mar 10th, 2025

The market has now taken us to the bottom of the support we have been watching for over 4 months.
by Avi Gilburt - 2 weeks ago

Welcome To Our Newest EWT Analyst

Lou Alfieri will provide members with a simplified approach to trade entries and exits based on Mike Golembesky's VIX and Index ETF trade setups.
by Avi Gilburt - 2 weeks ago

SPX Mid-Day Update

For now, I am still going to maintain a primary view that we have one more rally yet to be seen before the major top is struck, but the potential of the red [5] top along with the uncertain structure of this decline adds further risk to placing cash back into the market.
by Avi Gilburt - 2 weeks ago

Cameco: Doh! A Vertically Integrated Story

The nuclear industry, along with Cameco, is innovating with Gen IV reactors, safer fuels, and advanced manufacturing, making nuclear power safer and more efficient.
by Mark Malinowski - 2 weeks ago

U.S. Dollar Still Holding Support and Pushing Higher

After moving lower over the past several weeks, The U.S. Dollar held support last week and has since moved higher into the end of this week. This is keeping the door open to the purple count still needing yet another higher high but should we begin to break under the low that was struck last week, then it would once again open the door to a top already being in place. For now and as long as that low holds, we still can see another push higher before any significant top is seen.
by Mike Golembesky - 3 weeks ago

Nightly Crypto Report: In the Opportunity Zone

Bitcoin is in the zone where it can find a bottom.
by Ryan Wilday - 3 weeks ago

Wild Week For The U.S. Dollar But Still No Resolution

We saw the DXY push sharply higher in the early part of the week only to be rejected and move lower into the end of the week.
by Mike Golembesky - 1 month ago

Sentiment Speaks: A Long-Term Bear Market Is Simply Impossible Today

In a number of past articles, I have tried to prepare those reading my analysis for the strong probability that we can see a long-term bear market. I have outlined the many reasons supporting my perspective, and have provided a few supporting charts in various prior public articles. But, I will tell you that the pushback I have seen that this is even “possible” is much greater than I had expected.
by Avi Gilburt - 1 month ago

Where Fundamentals Meet Technicals: WMT

This issue of Where Fundamentals Meets Technicals takes a look at Walmart, which has received a surge of interest over the past year.
by Lyn Alden - 1 month ago

Fibonacci Setup In AMZN Pays Off

In mid-January we had a nice setup in AMZN. It was not the highest probability setup at the time, but it ended up playing out nicely so far.
by Carolyn Boroden - 2 months ago

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 - 2 months 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 - 2 months 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 - 2 months 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 months 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 - 2 months 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 - 2 months 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 - 3 months ago

Example of a Symmetry Setup In GOOGL

GOOGL rallied off symmetry support we projected from prior declining swings.
by Carolyn Boroden - 3 months 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 - 3 months 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 - 3 months ago

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