The ideal diagonal would consist of five waves. Each wave of the three waves to the downside would be smaller than the previous alternating wave. The alternating waves of the 5 wave move are waves 1, ...

SPX: Long-term trend – Is the long-term trend resuming? Is this a B-wave? Too early to tell! Intermediate trend – The trend which started at 2346 appears to be decelerating and forming a top. Analysis ...

Over a week ago, the S&P 500 was about to invalidate an impulse pattern higher. By now it has invalidate it, and the index is now in what is called, in Elliott Wave Principle (EWP) terms, a diagonal ...

Many investors have been frustrated with the choppy action on the DOW, so we have provided a chart to illustrate our forecast on the expected price action. This corrective choppy action is an ending ...

Since the January 2015 Swiss National Bank de-peg, the Swiss Franc has gone largely unnoticed by many traders. After having several months to more freely float, the patterns are becoming technically ...

Add articles to your saved list and come back to them any time. Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the ...