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 ...

U.S. stocks could sink by more than 20 percent if the neckline of a head-and-shoulders pattern on the Dow Jones Industrial Average is breached, according to Elliott Wave International Inc.'s Robert ...

When it comes to Elliott Wave principle, the most important thing for me is to focus on clear wave structures. I don’t want to spend time on price action that is messy, choppy, and very hard to read.

In our previous update on Tesla (TSLA) from mid-March, when it was trading at around $245, we used the Elliott Wave Principle (EWP) to determine if Morgan Stanley’s (MS) analyst Adam Jones’s January ...

Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...

S&P500 has turned bearish in this week and even accelerated lower yesterday. More importantly, prices fell through the channel support line connected from 1803 low, and also moved slightly beneath ...

Bitcoin's (BTC) resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise. According to ...

At its recent low, Bitcoin dropped about 37%, retracing just over 31.8% of the previous 3rd wave. Also, from Figure 1, we see ...

Gold reversed sharply to the downside at the start of September, through the rising trend line of a corrective channel. As we know that's an important signal for a change in trend, which means that ...