The Wave Principle + Technical Indicators = High-Confidence Trade Setups
See how to pair RSI and MACD with Elliott waves
by Erin Hindes
Updated: May 09, 2016
In his Trader's Classroom and Commodity Junctures services, master instructor Jeffrey Kennedy often uses traditional technical indicators with the Wave Principle to add confidence to his analysis. He starts with his Elliott wave count, then looks at technical indicators such as RSI and MACD to "build a case" for his outlook.
Watch this 5 minute video to see the process he goes through to identify high-confidence trade setups.