In our previous post on the $IWM Russell 2000 tracking ETF instrument from September 14th that can be seen here , we were looking for a swing higher into the 50%-.618 Fibonacci retracement zone at 118.69-121.15 in wave ((Y)) of x & did see a new high on the 17th. Since the wave x completion at 118.89 on […]

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 your advantage. The Live Trading Room is held daily at 8:00 AM  EST , join Dan there for more insight into these proven methods of trading. AUD/USD Live […]

Best reading of the cycle suggests that the decline to 1105.9 ended wave ((W)). From this level, the index bounced and ended wave ((X)) at 1193.85. The index has since resumed the decline lower, unfolding in a double corrective structure WXY where wave W ended at 1124.75, wave X ended at 1146.72, and wave Y […]

Best reading of the cycle suggests that the decline to 1105.9 ended wave ((W)). From this level, the index bounced and ended wave ((X)) at 1193.85. The index has since resumed the decline lower, which is unfolding in a double corrective structure WXY where wave W ended at 1124.75, wave X ended at 1146.72, and wave […]