Our Senior Instructor Jeffrey Kennedy tells you about the four key principles that'll help improve your Elliott wave skills.
At the start of July 2016, cocoa prices were orbiting multi-year highs. And, according to mainstream fundamental analysis, the commodity’s uptrend was in the bag. So, why did cocoa prices then reverse in a gut-wrenching decline to three-year lows? The answer might surprise you
In early 2016, the global debt market embraced one of the most powerful “long-bond bonanzas” in recent history. By the end of the year, however, the stellar long-bond rally had completely reversed course. As our analysis shows, this turn of events was no accident.
In 2011 and 2014, mainstream finance resolved that commodities would make a major comeback. In 2016, those same experts predicted the sector was doomed. The end result: 0 for 3. But someone got the story right.
In part 2 of our in-depth interview with Steve Hochberg, Steve explains what else makes Elliott wave analysis so useful and practical.
The mass "exodus" of financial institutions from commodities continues. Could this be a sign that the 6-year long commodity bear market has bottomed?