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.

Market Moves Higher, But Still Under The Key Pivot For Now

Today we saw the market open up flat but move up in the later part of the day. We are still, however, under the key resistance/pivot zone that we will need to break to give us a signal that we have indeed put in a bottom in all of the wave a.

by Mike Golembesky - 2 days ago

Nightly Crypto Report: Turning Higher

I now assume Bitcoin has formed a bottom of sorts.

by Ryan Wilday - 2 days ago

Where Fundamentals Meet Technicals: Stocks vs Gold

This issue of Where Fundamentals Meet Technicals looks at the S&P 500 to gold ratio, now that there has been a rather significant rotation.

by Lyn Alden Schwartzer - 4 days ago

Getting The Jump On AAPL's Short-Covering Rally

Sometimes you need to look at the bigger picture to find a setup in the markets. This was the case in AAPL recently.

by Carolyn Boroden - 1 week ago

MM Big (and Small) Picture Update

MMI was down for today with a "large move alert" in effect. Today's move has satisfied the large move alert, and it no longer applies through Monday. There is no MMI for the weekend (Monday RTH open) and preliminary for Monday itself is down (below open). The latest daily charts are below:While MMI is not able to confirm "the" top is in, the weekly and monthly outlook was for "a" top, most likely this week or next.

by Dr. Cari Bourette - 1 week ago

b-Wave Consolidation - Market Analysis for Apr 8th, 2024

From the looks of the current action, it would seem the market is simply engaged in an ongoing b-wave consolidation.

by Avi Gilburt - 2 weeks ago

World Markets Weekend: A Review Of Asia/Pacific Indices

Wave counts on the Nikkei 225, Hang Seng Index, Shanghai Composite, Nifty 50 and the ASX 200.

by Garrett Patten - 2 weeks ago

The U.S. Dollar Finally Turns Lower

After grinding higher over the last several weeks the DXY finally turned lower this week after hitting just over the 105 level.

by Mike Golembesky - 2 weeks ago

New Smart Money System Nails Selloff

A new trading system by Princely Mathew, host of The Smart Money at EWT, has begun to pay dividends, including getting the jump on Thursday's 100+ point intraday market swing.

2 weeks ago

Anatomy of an NFLX Fibonacci Trade

Royal setups are some of the highest probability trades that we look at in the Fibonacci service. One of the royal setups we saw late March was in NFLX stock.

by Carolyn Boroden - 2 weeks ago

Timing of a Market Top

There's nothing confirming *the* top at this time, but the sentiment based MarketMood algorithm is highlighting the timing of *a* top following a mad grab to climb in to what seems a never-ending stock market rally.

by Dr. Cari Bourette - 2 weeks ago

Multi-Day Pullback?

I have been trying to keep my analysis as simple as possible over the last several weeks. And, in its simplest view, as long as we remain over 5091SPX, the bulls still remain in control for now.

by Avi Gilburt - 3 weeks ago

Three Solid Picks For Monthly Income In Retirement

Hop aboard the income train for a sustainable retirement powered by dividends -- here are three quality picks to get you started.

by Will Barton - 1 month ago

Market Still Holding Support

After moving lower overnight we saw the market push higher in the afternoon session and retest the 5180 high that was struck yesterday.

by Mike Golembesky - 1 month ago

Another Pullback in the Bigger Uptrend

After hitting the 5250 area in Thursday on the Emini S&P 500, we seem to be having some significant supply come into the market and we are now trying to find support at lower levels.

by Princely Mathew - 1 month ago

Anticipating The Rally In SMH

I posted a buy setup in SMH on Feb 20th, with the trade triggered once the 15 minute or 30 minute chart had the 8/34 ema crossover to the upside,

by Carolyn Boroden - 1 month ago

Fibonacci Pinball At A Very Large Degree

I suspect a major top is near.

by Jason Appel - 1 month ago

Nightly Crypto Report: Can't Stop This Train

Bitcoin is pushing against the idea of a correction, again.

by Ryan Wilday - 1 month ago

Identifying the Twists & Turns In Energy

We highlight the energy sector within our Stock Waves service, following XLE and XOP very closely along with dozens of names in our energy basket. Let’s examine the chart history on energy, represented by the XLE chart, and our calls since its move off the lows in 2020.

by Zac Mannes - 1 month ago

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