The Certified Elliott Wave Analyst program confirms the highest level of proficiency and practical application of Elliott wave analysis for individuals and financial professionals. Work toward becoming an accredited expert in your field, and realize the benefits of your CEWA designation.
The world's largest independent technical analysis firm is pleased to offer the Certified Elliott Wave Analyst program (CEWA) for financial professionals, analysts and traders who wish to evaluate their aptitude in applying the Elliott Wave method.
The CEWA program gives you the opportunity to earn the coveted "Certified Elliott Wave Analyst" distinction, which in turn can help open career opportunities for you in the field of technical analysis.
Employers know that individuals who earn the distinction have proven themselves skilled in applying the Wave Principle, one of the most recognized forms of technical analysis.
Candidates must pass both the Level 1 and Level 2 Exams to achieve the CEWA designation.
The designation shows you are competent to perform the full range of Elliott wave analyses in various market scenarios, including accurately labeling idealized wave patterns and identifying wave counts.
If you score 90% or greater on the Level 2 Exam, you achieve the CEWA Master designation (CEWA-M). CEWA-M designees can request eligibility to teach EWI-licensed courses.
The CEWA program is designed and administered by Elliott Wave International, the largest independent technical analysis firm in the world. We employ dozens of full-time analysts who publish content across every timeframe, on the theory, practice and application of Elliott waves. EWI's founder Robert Prechter (CMT, CEWA-M) co-authored the 1979 classic Elliott Wave Principle: Key to Market Behavior, the definitive textbook on the Wave Principle.
Where Did CEWA Come From?
The CEWA program's origins began nearly 30 years ago.
In the late 1980s we conducted a series of live two-day Elliott wave workshops, which taught the basics of the Wave Principle. Robert Prechter directed the instructors and taught many sessions himself.
Many workshop students requested an advanced tutorial on the Wave Principle, so EWI began to design just that: Our goal was to go beyond a parroted-back knowledge of definitions, and instead provide a rigorous, true test for comprehension and application of the Elliott Wave Principle.
EWI's Dave Allman designed the course in consultation with professional educators and after interviews with Elliott wave professionals whose combined experience then totaled some seven decades in nearly 100 financial markets.
The resulting two-day course provided about 16 total hours of teaching. We designed the class to be interactive, with lots of Q&A. We devoted the initial three hours to basic review, to help students identify and clear up any areas of weakness. Only then did we move on to "Advanced" Elliott.
We presented the Advanced Tutorial to several hundred students over the next few years. At first we hoped to administer a test at the end of the two-day session, but it soon became clear that time wouldn't allow it. So we sent students home with blank charts, instructed them to label the charts without breaking any rules, and to apply guidelines such that test graders would see that they had mastered the Wave Principle.
At that time we conferred four grades:
1) Attended (for students who chose not to submit a final, or who submitted a final but did not receive a passing grade),
2) Successfully completed,
3) Demonstrated an above-average aptitude, and
Of the several hundred students who attended the course, only three or four received the "Excelled" ranking. Ultimately we hired two of them as analysts at Elliott Wave International.
Flash forward to 2012. Dave and Wayne Gorman, co-author of Visual Guide to Elliott Wave Trading with Jeffrey Kennedy, designed a fully automated, online deliverable CEWA Level I test of basic Elliott Wave knowledge. We also designed our first version of CEWA 2 -- a hand-deliverable only beast, each one of which took us, literally, days to grade.
Today's new CEWA program has been scrupulously vetted: Not only are there the original authors' now 120+ years of experience applying the Wave Principle to financial markets; we also used feedback from EWI's analysts (another 200 years of combined Elliott wave experience).
The coursework is distilled, hands-on Elliott knowledge as taught to hundreds of students across multiple decades.
Flash forward, again, to 2016: Dave and Wayne contracted Qualitative Analytics, the programming group that runs the EWAVES and Flash services offered by EWI. Thanks to their programming savvy and upgrade of the Idealized Elliott wave generator program, the new CEWA 2 is fully automated, deliverable online and 100% machine-gradable.
Become Accredited in Your Field
The Certified Elliott Wave Analyst program creates a recognized standard for applying Elliott wave analysis in the real world.
The CEWA designation establishes the recipient's high level of ability and may be presented to institutions, professionals and the investing public.
Individuals may use the CEWA program to improve their knowledge of the Wave Principle and to hone their analytical skills through challenging exercises and two levels of examination.
Financial professionals may use their CEWA designation to display to potential employers and prospective clients their expertise in Elliott wave analysis.
To complete the CEWA examination process and receive your CEWA designation, you must pass both the Level 1 and Level 2 exams within a two-year period.
Level 1 Exam
You may register for the Level 1 exam online via the link below or by contacting EWI Customer Care. When you register, we will provide you access to the CEWA portal, which gives you the test prep resources necessary to learn the Elliott Wave Principle and to practice and prepare for the exam.
You receive online access to these Level 1 prep resources:
You can take up to one year from the date of registration to study and prepare for the test.
Level 2 Exam (Available to candidates who pass Level 1)
Once you pass your Level 1 Exam, you are eligible to take the Level 2 test. You may register by contacting EWI Customer Care. Once you're registered, you will have access to new test prep resources in your CEWA portal. The Level 2 exam is rigorous. We encourage all candidates to complete a period of preparation, study and real-world application and be comfortable with their ability to correctly label charts before taking the Exam.
Once you're registered, you receive online access to these Level 2 prep resources:
You have one year from the date of registration to complete the Level 2 Exam. Note: To complete the CEWA examination process and receive your CEWA designation, you must pass Level 1 and Level 2 exams within a two-year period.
What happens at each step of the CEWA process?
If you are interested in certifying your Elliott wave knowledge or working as a professional in the field of technical analysis, the CEWA examination process is the most comprehensive and rigorous assessment of its kind and is the ultimate accreditation of your proficiency.
We recognize that there is no amount of materials that can answer all of your questions while you are studying the Wave Principle. That is where our team of Elliott wave experts comes in. These experts are your Elliott wave "guide" through your test preparation. You can ask them your questions via the Q&A forum in your CEWA portal and they will provide an answer as soon as possible.
At the helm of this team of experts is Jeffrey Kennedy, CEWA-M and Jordan Kotick. Jeffrey has years of trading under his belt and has taught thousands about the Elliott Wave Principle, while Jordan traded on Wall Street for many years before joining Elliott Wave International.
Jeffrey Kennedy, MSTA, CFTe, CMT, CEWA-M, is Chief Commodity Analyst at Elliott Wave International (EWI), with 25-plus years of experience as an analyst, trader and teacher. He writes Commodity Junctures, EWI's premier commodity forecasting package that focuses on Elliott wave analysis of the commodity markets. He also produces Trader's Classroom, an educational service that shows how to spot trading opportunities with wave analysis and supporting technical methods. In 2014, he achieved the title of a Chartered Market Technician, certifying his proficiency in multiple technical analysis tools. Subscribers and students always tell us how committed he is to empowering them to achieve trading success.
Jordan Kotick has worked on four Wall Street trading floors as Trader, Economist, Head of Cross Asset Strategy and Technical Analyst. He was the first person to have ever been President of both Market Technicians Association (MTA) in New York and the Canadian Society of Technical Analysts (CSTA). Jordan was also the first to have a self-titled segment, shown internationally, on CNBC for 5 years, "Kotick: Tick by Tick." He now provides intraday analysis and forecasts for our Interest Rates Pro Service.