There are many different ways to identify support and resistance on your charts. In this 6-minute lesson, the editor of our Trader's Classroom education service, Jeffrey Kennedy, shows you one of the easiest and most effective methods (example: Bank of America, NYSE: BAC).
In early December, two popular European exchange-traded funds, France's EWQ and Germany's EWG, had one thing in common: a bullish Elliott wave pattern called "ending diagonal" on their price charts. This is what happened next.
The Fibonacci sequence provides the mathematical basis of the Wave Principle. The stock market's price pattern builds fractally into similar patterns of increasing size. Familiarity with these patterns can prove highly useful to investors.
In part 2 of our in-depth interview with Steve Hochberg, Steve explains what else makes Elliott wave analysis so useful and practical.
Steve Hochberg, our Chief Market Analyst, sits down with ElliottWaveTV to talk about his background, how he discovered the Wave Principle, and why "it's applicable to all markets."
Actively managed mutual funds generally charge higher fees than passive index funds. Shareholders pay for the fund manager's supposed stock-picking skills. Find out why many investors are often disappointed, and especially so through the first half of 2016.