What We See in the Stock Market
by Robert Folsom
Updated: October 27, 2020
Fast Moving and Volatile Markets = Elliott Wave Analysis at Its Best
You've just seen it for yourself: Volatile markets offer opportunity. Financial Forecast Service subscribers were NOT surprised -- they were prepared for the-decline-so-far in October 2020.
Be ready for what's next. Short Term Update, the monthly Financial Forecast and Robert Prechter's Elliott Wave Theorist are beacons of clarity amidst the noise. Fast-moving, volatile markets are when Elliott Wave analysis is at its best. See below for more.
EWI's 25+ analysts regularly review 100+ market indicators to keep subscribers ahead of big price turns. Right now, one of these indicators -- well-known to most experienced market players -- is flashing a warning signal. Get the details now.
What can you learn when you look at the stock market -- the Dow Jones Industrial Average, specifically -- going all the way back to 1788? A lot! For one, clear Fibonacci proportions begin to emerge between multi-decade historical periods. What's more, the same Fibonacci proportions also begin to point to the year 2021 as a very important moment in financial history.
In June 2020, it seemed the natural gas bear would stay for a while. Yet early July saw a turn from its long-term low. A four-month rally followed and prices more than doubled: See the forecast that got it right.