How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets.
Since last August, cocoa prices have been in a “meltdown” (CNBC). But imagine having a clear “line” in the sand which, if crossed, would signal such a sell-off -- before it occurred. Well, you don’t have to imagine.
The timeline on this chart involves time travel -- we go back to the decade from 1932 thru 1942. But, this is NOT your great-grandfather's market. After years of research, testing & retesting & debugging, EWAVES 2.0 beta is the artificial intelligence system that does Elliott wave analysis. This chart showcases what EWAVES can do.
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
The mass "exodus" of financial institutions from commodities continues. Could this be a sign that the 6-year long commodity bear market has bottomed?