Using Market Correlation and RSI in the new EWF theory
One of the common challenges to practicioners of Elliott Wave principle is that the technique is subjective. There’s a saying that if you put 10 different Ellioticians together in the…
Elliott Wave Theory: Running Triangle
Triangles are overlapping five wave affairs that subdivide 3-3-3-3-3. They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility.…
Nikkei looking for 15591 – 15782 area
In today’s video, we take a look at short-term Elliott Wave Structure of Japanese Nikkei 225. Initial move up from 14402 low was in 3 waves which completed wave ((…
$SPX Elliott Wave IV (RED)
Indices reflect human growth and hence have a bullish trend with declines being corrective in one degree or another. That’s why at Elliott Wave Forecast, we keep looking for a…
FLAT Elliott Wave Structure in SPX
We take a look at short-term price action in SPX500. We saw a perfect bounce from equal legs area in ( W ), rejection at 50% retracements, a marginal new…
Nikkei 7 swing Elliott Wave Structure
Today, we take a look at structure of the decline in Nikkei futures from 9.25.2014 peak. This decline is unfolding as a ( W )  - ( X ) –…
SPX: Inflection Zones Without Prejudice
Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to…
Nikkei’s 4 Hour Elliott Wave Diagonal
Nikkei has been rallying since April 2014′s low of 13800 in a diagonal. Diagonal is a five swing move with the convergence of boundary lines into a wedge shape. The subdivisions can…
7 swings Elliott Wave Structure in GBPCHF ( NY update )
One of the most common patterns in New Elliott Wave theory is 7 swings structure (double three). We spot it in the market every day in many instruments. It's a…
