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Visual Guide to Elliott Wave Trading

Using more than 200 charts and 20 market examples, coauthors Jeffrey Kennedy and Wayne Gorman equip you with what you need to use the Wave Principle to spot market turning points and high-confidence trade setups in your own trading.

Elliott Wave Principle - Key to Market Behavior

Now in its 40th year, Elliott Wave Principle is one of the most popular market analysis books ever published. Amazon reviewers say, "Still the Classic and Essential Text for Elliott Wave Trading" and "This is the bible of the theory."

The Kennedy Channeling Technique

Watch Jeffrey demonstrate his own trend tool that helps identify and confirm Elliott wave counts.

The Wave Principle Applied

A great starter video. Jeffrey takes you through the basics of the Wave Principle and identifies his favorite trade setups in the wave patterns.

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Home Archives Depth of Corrective Waves

 Learning Fundamentals: Depth of Corrective Waves

No market approach other than the Wave Principle gives a satisfactory answer to the question, "How far down can a bear market be expected to go?" The primary guideline is that corrections, especially when they themselves are fourth waves, tend to register their maximum retracement within the span of travel of the previous fourth wave of one lesser degree, most commonly near the level of its terminus.

Key Takeaway: With Elliott, you can set confident price targets for corrections.

For a complete description, please read Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A.J. Frost.

Video Topic: Depth of Corrective Waves

What To Do Next?

3/4/2020 10:43:00 AM
Market: CMG, LMT, SAM, and EQIX
Runtime: 14:21
Topics: Zigzags,Impulse,Depth,Fibonacci

A Bearish Trade Setup in Gold?

9/4/2013 11:28:00 AM
Market: GC
Runtime: 08:01
Topics: Confirming Price Action,Making a Case,Depth,Fibonacci (Retracements and Extensions),Equality,Corrective Waves,Elliott Wave Lesson,Commodity

An Elliott Wave Guideline Implies Bonds are Bearish

7/24/2013 11:40:00 AM
Market: LVS, CLF and US30
Runtime: 07:27
Topics: Depth,Elliott Wave Lesson,Bond,Stock

Bearish Lessons Applied to Gold

7/5/2013 10:46:00 AM
Market:US30 and Gold
Runtime: 05:11
Topics: Depth,Fibonacci (Retracements and Extensions),Equality,Elliott Wave Lesson,Technical Analysis Lesson,Bond,Commodity,Trendlines,Kennedy Channeling Technique

Why Bonds Will Reverse

7/2/2013 11:19:00 AM
Market:US30 and OXY
Runtime: 08:28
Topics: Depth,Fibonacci (Retracements and Extensions),Equality,Technical Analysis Lesson,Bond,Stock,Kennedy Channeling Technique,Trendlines,Price Gaps

Selling in Gold Sparked by a Guideline and Retracement

4/2/2013 11:30:00 AM
Market: LVS and GCA
Runtime: 04:25
Topics: Depth,Fibonacci (Retracements and Extensions),Elliott Wave Lesson,Commodity,Stock

Rules and Guidelines Governing Impulse Waves

3/20/2013 12:55:00 PM
Market: LVS, SCCO, FAZ, FFIV and EQIX
Runtime: 05:39
Topics: Depth,Equality,Impulse,Elliott Wave Lesson,Stock

Examining the Bearish Case in Abercrombie & Fitch Company

2/12/2013 12:10:00 PM
Market: ANF
Runtime: 04:02
Topics: Depth,Impulse,Elliott Wave Lesson,Technical Analysis Lesson,Stock,MACD,RSI/Stochastic,Stochastic

The End of an Impulse Wave in JPMorgan Chase & Co.

1/23/2013 10:35:00 AM
Market: GOOG, GE, JPM and MCD
Runtime: 05:50
Topics: Depth,Fibonacci (Retracements and Extensions),Impulse,Elliott Wave Lesson,Stock