About ElliottWaveTrader.net
ElliottWaveTrader
provides a live trading room featuring analysis and interactive discussion of
markets based on Elliott Wave principle and Fibonacci Pinball. With 15 analysts
covering a range of markets, the site benefits traders looking to anticipate
the direction of U.S. & world equity indices, stocks, bonds, precious
metals, energy, forex and cryptocurrencies over a time horizon of several days
to several months.
ElliottWaveTrader.net's Articles
As I outlined in the weekend analysis, the general expectation we maintain is that when the market finds a bottom in a wave one—assuming this is the bearish green count – then we oftentimes see a rally back to the .382 retracement for the [a] wave of wave two, states Avi Gilburt of ElliotWaveTrader.net.
Based on the wave count, I think it is reasonable to expect a near-term bottom in the S&P 500 (SPX). But, the question then turns to “then what?,” asks Avi Gilburt of ElliotWaveTrader.net.
As part of our ongoing series of articles on bank stability, and at the request of many of our clients at Saferbankingresearch.com, we wanted to address the major risks we foresee for bank stability in the coming years. I must warn you: The substance of that analysis is not looking too good for the future of the larger banks in the United States, cautions Avi Gilburt, Founder of EllitottWaveTrader.net.
Yea, I know I got you all excited. But, in truth, I am seeing strong potential for doubling your money in the metals mining stocks over the coming several years, states Avi Gilburt of ElliotWaveTrader.net.