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January's up-and-down price action in European stocks confused many investors. Understandably so, because when markets move choppily like that, the direction of the trend is unclear.
But with Elliott wave analysis, you could have known about the outcome of that uncertainty – a recent rally – in advance. For example, watch this free clip from a video about the French CAC 40 stock index that Tom Denham, EWI's Senior European Stocks Analyst, released to his subscribers on January 18.
(Note: You will find EWI's latest longer-term forecasts for European stocks in the brand new, February issue of Tom Denham's European Financial Forecast. Read it online now, risk-free for 30 days – just look below for details.)
In this 4-minute video, you will learn how the knowledge of one of Elliott's basic corrective patterns – a zigzag – can allow you to calculate the end of corrections in advance.
Watch "Forecasting Power of a Zigzag" now.
Note: You need a free Club EWI Membership to watch this video.
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