By Elliott Wave International After a 4-day losing streak, on October 23 crude oil futures fell as low as $85.69 a barrel — the lowest price since July.
By Elliott Wave International The Elliott Wave Principle states that in financial markets, prices unfold in 5 wave patterns:
In July 2008, when crude oil prices were at $148 a barrel and "peak oil" bulls were forecasting a rise to $200, even $300 a barrel, contrarian technical analyst Robert Prechter took the opposite stance:
By Elliott Wave International Federal Reserve Chairman Ben Bernanke really means it this time.
Our friends at Elliott Wave International have just announced the start of their popular FreeWeek!
By Elliott Wave International On Monday Oct. 8 I sat down with Elliott Wave International’s senior analyst Jeffrey Kennedy to discuss his favorite wave pattern of all: the Elliott wave diagonal.
By Elliott Wave International If you’re a passenger aboard a ship in deep water, you can’t detect a tsunami; the swells are indistinguishable from regular ocean waves. Wave lengths can be hundreds of miles long, but only...
By Elliott Wave International If you’ve studied the financial markets, even for a short time, you’ve probably heard the term "Fibonacci numbers." The ratios and relationships derived from this mathematical sequence are applied to the markets to...
By Elliott Wave International Several signs suggest economic contraction instead of expansion. The first was recent front-page news: 8.1% August jobless rate. The number would have been higher, but it excludes people who gave up the job...
By Elliott Wave International Adversity often visits people just as their future seems brightest. At the same time, other people learn that when one of life’s doors closes, a window will open.