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See Intraday Market Trends from an Elliott Wave Perspective
5/21/2013 4:15:00 PM

Did you know that market prices sport the same pattern on a 15-minute chart as they do on a 12-month chart? 

That's because prices unfold as fractal patterns, or robustly self-similar shapes at all degrees of trend.
 
Yet the beauty of Elliott Wave analysis is this: You can use it to identify these fractal patterns -- in downtrends as well as up.
 
If you're following the stock market's trend mostly between 9:30 a.m. and 4 p.m. eastern time, let Tom Prindaville be your guide. As EWI's Senior U.S. Equity Analyst, he provides subscribers with frequent intraday updates from an Elliott Wave perspective. These updates include charts and Tom's commentary.
 
Tom's updates and chart analysis let you know when:
 
          Trendlines have been breached
          Impulsive waves are unfolding
          Corrective moves are underway
 
He labels waves on an intraday basis, in the same way that our other services label waves on a longer time scale.
 
In Tom's words:
 
"You may be trading the e-minis, ETFs or even single stocks ... having my intraday forecasts on your screen during the day will be a big help."
 
Tom follows the Dow, Nasdaq and S&P 500.
 
No one can guarantee a specific outcome -- yet Tom often sees Elliott Wave patterns develop as they've been forecast.
 
When he identifies an intraday impulsive wave,he alerts subscribers immediately. Tom does the Elliott analysis for you.
 
The U.S. Intraday Stocks Specialty Service is for the experienced and knowledgeable trader. Consider these comments from traders about the service:
 
"I am very pleased with Elliott wave [intraday] coverage of stocks. It is, by far, my favorite Elliott Wave service." -- B.B.
 
"I'd like to compliment you on the accuracy of your forecasts. GREAT JOB!" -- B.W.
 
"I find it has helped my trading noticeably . . . it works very well for me." -- J.E.
 
Stocks Specialty Service was previously part of EWI's most expensive packages and was reserved primarily for professional equity traders. Today the service is affordable for individual traders – yet preserves its professional edge.
 

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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.