The Relative Strength Index (RSI) is a very popular momentum based indicator that is specifically used within technical analysis by market technicians. It measures the speed and magnitude of an instruments most recent price changes to evaluate overbought or oversold conditions in the price. Developed by J.Welles Wilder Jr in the late 70s as a […]

Summary of the Fund: ARK Invest (ARKK) is an actively managed Exchange Traded Fund (ETF). It seeks long-term growth of capital by investing in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation. ARK defines ‘‘disruptive innovation’’ as the introduction of a technologically enabled new product […]

There are two main types of analysis. Fundamental or technical analysis. Fundamental analysis studies factors that consist of macroeconomic and global events, individual country’s economy. Use data such as inflation numbers, interest rates, CPI reports, employment and unemployment rate and political conditions of the individual country. Technical analysis purely looks at the charts. Historical price […]

Good Day Traders and Investors. In this technical blog we are going to take a look at the Elliott Wave path in The Real Estate ETF (IYR). We will also help answer the question that many ask which is whether the Real Estate market is going to crash due to the Fed hiking rates. The […]

Most exciting as an Elliott Wave trader is when you see a nice clean impulse wave and then develops a clean Zig Zag Pattern. A Zig Zag is one of Elliott Wave Theory’s corrective pattern, also known as when the market takes a bit of a breather. So, a Zig Zag consists of a 5 […]

In today’s blog, I want to take things back to basic when it comes to trading the Elliott Wave Theory – “theory”. There are 3 rules that you must follow to be a good trader. Within the theory, we have rules and guidelines. Guidelines are based on characteristics of the waves, Fibonnaci guidelines in terms […]