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 ...

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 ...

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 ...

Elliott Wave patterns suggest a completed wave (iii) and corrective wave (iv). Fibonacci levels indicate strong resistance near $0.42-$0.43. RSI is neutral on both time frames, hinting at indecision.

Elliott Wave sees Walmart stock near $111–$120, driven by grocery demand, ad growth, and a final bullish phase.

Elliott Wave Theory identifies market patterns driven by societal sentiment, moving in 5-wave trends and 3-wave counter-trends. The optimal trading opportunity lies in the heart of the 3rd wave, ...

Be careful with economic forecasts; the stock market is a leading indicator, driven more by investor emotions than economic data. Current levels of extreme bullish sentiment, plus very distinct ...

Elliott Wave count suggests a corrective ABC pattern nearing completion. 0.236 Fibonacci level at $123.42 acts as critical resistance. RSI shows mild recovery, but momentum remains cautious. Litecoin ...