When I have a major decision to make, I seek advice from a trusted, unbiased friend. The same is true here at EWI -- except our analysts often consult unbiased technical indicators, like a digital signal filter, to confirm their Elliott wave analysis.

And when an indicator both confirms your outlook and flashes a critical signal for the first time in 28 months, it's wise to take heed.

But first, let's learn about that indicator. The digital signal filter called the Jurik RSX functions like a smoothed out Relative Strength Index. EWI global analyst Chris Carolan uses it to determine the strength of a trend -- and whether that trend might be ending.

Chris teaches you about this important and simple indicator in his 42-minute on-demand, online trading course, "3 Technical Indicators to Help You Ride the Elliott Wave Trend" (a $49 value; learn how to get it FREE ), but here's a quick peek:

Chris' primary forecasting tool is the Elliott Wave Principle. In the chart above, he spotted a completed five-wave impulse -- meaning that prices were soon likely to fall once the correction began. And if you look at the bottom of the chart, you'll see that the digital signal filter Jurik RSX was at the top of its range, and it looked like it was about to roll over.

This confirmed Chris' Elliott wave bearish view for the MSCI Asia Apex Index. Here's what happened after the forecast:

As you can see, the Jurik RSX indicator is especially helpful when you need to identify near-term trend changes. But in the new, September 2011 Global Market Perspective (online now) , European market analyst Brian Whitmer shows you that it can also give you an invaluable long-term perspective.

One eye-popping, 13-year chart of the Euro Stoxx 50 shows you the indicator's remarkable long-term track record at timing stock moves. More importantly, though, you see that the Jurik RSX recently flashed one critical signal for Euro Stoxx for the first time in more than 2 years.

Brian shows you that this signal -- when combined with the wave structure, volume profiles, seasonal tendencies, sentiment extremes and technical breakdowns -- provides one crystal-clear forecast of what might be next.

Find out what this signal means for the long-term -- and put EWI's experienced team of global analysts to work for you -- RISK-FREE with Global Market Perspective. At this critical juncture, you can find no better independent, unbiased friend.

"You have achieved a level of expertise that is unparalleled in the industry." -- C.B.

EWI's comprehensive Global Market Perspective gives you the latest Elliott wave forecasts of 40+ global markets every month. Here are just some of the markets you see covered in the NEW September 2011 issue:

• U.S. Stocks: DJIA, S&P 500 and more.
• Asian-Pacific Stocks: China, Australia, Japan, Singapore, Hong Kong, India, Korea, Taiwan, New Zealand, Asia Apex Index and more.
• European Stocks: Germany, UK, Switzerland, EuroStoxx 50 and more.
• Forex: U.S. Dollar Index, EURUSD, GBPUSD, USDCHF, USDJPY, USDSEK, USDZAR, AUDUSD, USDRUR, USDMXN, USDBRL, USDCAD, USDCHF, NZDUSD.
• Interest Rates: U.S. Treasuries, Bund, Bobl, Long Gilt, Euribor, Short Sterling, 10-year Australian Bonds, 10-year JGBs.
• Plus: Gold, Silver, Crude Oil, social trends and more.

With more than 60 charts on 50 pages, Global Market Perspective is the most comprehensive source of independent, insightful global Elliott wave analysis you'll ever find.

BONUS: When you subscribe risk-free, you'll get the 42-minute, on-demand video trading course, "3 Technical Indicators to Help You Ride the Elliott Wave Trend" (a $49 value) for FREE. In it, EWI global analyst Chris Carolan teaches you about the Jurik RSX and other useful technical indicators.