by Lara | Oct 27, 2017 | EW Education, Public Analysis, S&P 500 Historical |
Could the indicators and classic technical analysis used here at Elliott Wave Stock Market have warned of the last three major crashes of 1987, 2000 and 2007? 1987 WEEKLY CHART Click chart to enlarge. A candlestick pattern at the high offered the first warning of a...
by Lara | Sep 2, 2017 | EW Education, Public Analysis, S&P 500 |
I mentioned in comments on Thursday that I wanted to illustrate a real life example of an expanded flat. The concept is important when trading corrections. Click chart to enlarge. I did not have to go far back at all to find a good example of this very common...
by Lara | Aug 12, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
This chart was published two days ago. At that time, it was warned that the possible upwards breakout of the 8th of August lacked support from volume and may turn out to be false: Click chart to enlarge. That was proven correct. The strong downwards movement from the...
by Lara | Aug 9, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
After a consolidation price will break out. The presence or absence of support from volume on the breakout tells us how reliable the breakout may be. Click chart to enlarge. Pennant patterns are one of the most reliable continuation patterns. But in an upwards trend...
by Lara | Aug 4, 2017 | EW Education, Public Analysis, S&P 500, Trading Tips
A simple classic technical analysis pattern may answer the question of what direction to expect tomorrow from the S&P500 upon release of Non Farm Payroll data. This release is expected to move markets strongly:. Click chart to enlarge. Pennants are reliable...
by Lara | Aug 18, 2011 | EW Education, Trading Tips
There is a great deal of misinformation online about what ratios are correct Fibonacci ratios. Some charting packages have ratios that are not correctly Fibonacci ratios in their Fibonacci tool kits. So in the interests of clarity and mathematical accuracy, this...