The Euro: Up to its “Neckline” in Opportunity
Elliott Wave Junctures’ latest video lesson reveals the form AND function of the head-and-shoulders pattern
By Nico Isaac
5/7/2012 5:45:00 PM
Without doubt, the Head-and-Shoulders chart pattern is one of the most popular within the world of technical analysis. The reason being -- as "old-school" as the H&S may seem to the budding school of high-tech digital chartists, this pattern never loses its value with age. To illustrate its timeless appeal, EWI's senior instructor Jeffrey Kennedy presents his May 4 Elliott Wave Junctures video lesson titled simply, "Head-And-Shoulders."
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, head and shoulders pattern, Jeffrey Kennedy, Robert Prechter
Category: Trading Lessons
Cocoa: Keep Your Head On Your Shoulders
EWI's Futures Junctures Service reveals a powerful head-and-shoulders pattern underway in cocoa.
By Nico Isaac
2/1/2012 4:00:00 PM
Today, my sweet tooth has gotten the best of me as I sit down with EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss the past year in cocoa. My first order of business: This time last year, cocoa prices were orbiting the outer-galactic regions of a three-DECADE high. And -- with Ivory Coast tensions intensifying alongside an increase in demand from China -- all the "fundamental" signs pointed UP.
Filed Under: Cocoa, cocoa futures, Cocoa, Elliott Wave Trading, Jeffrey Kennedy, diagonal, diagonal triangle, Elliott wave, Elliott Wave trading, head and shoulders pattern
Category: Commodities
By Bob Stokes
1/3/2012 5:45:00 PM
Since 2000, the stock market has been in a topping process. Eleven years may seem like a long time for a market to "top," but consider how long the 1980s / '90s bull market was...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, head and shoulders pattern, Robert Prechter, technical analysis, technical indicators
Category: Stocks
By Nico Isaac
11/16/2011 5:00:00 PM
The Elliott Wave Principle recognizes 13 known wave patterns on the price charts of financial markets. Some of these fall into the category I like to call "Casserole" patterns; meaning they develop at an easy rate that affords enough time for the analyst to walk away from his/her desk and dawdle with other things, like preparing an elaborate casserole. The other category is the "Canned Soup" patterns.
Filed Under: Daily Futures Junctures, Elliott wave, Elliott Wave Principle, Elliott Wave trading, head and shoulders pattern, Jeffrey Kennedy, Relative Strength Index (RSI)
Category: Commodities
By Bob Stokes
10/11/2011 3:00:00 PM
In a bear market, big countertrend rallies are like that con man. They can falsely assure even the most cautious individual. Many investors want to believe. And many succumb...
Filed Under: Bear market, Robert Prechter, Dow Industrials, Elliott wave, head and shoulders pattern, investor psychology, technical indicators
Category: Stocks
By Bob Stokes
8/15/2011 5:15:00 PM
There's a bigger head and shoulders pattern -- one that has been forming for years. Where's the market in this larger pattern?...
Filed Under: Bear market, head and shoulders pattern, New York Stock Exchange (NYSE), Short Term Update, technical analysis
Category: Stocks
By Bob Stokes
8/4/2011 1:15:00 PM
The August 3 Short Term Update talked about what can happen after prices plunge through the neckline of the classic "head and shoulders" pattern: "Sometimes the size of the ensuing decline can be approximated." The latest Update will provide you with a price target and up-to-the-minute charts...
Filed Under: New York Stock Exchange (NYSE), Short Term Update, stock indexes, technical analysis, trendlines, head and shoulders pattern
Category: Stocks
By Robert Folsom
7/27/2011 5:30:00 PM
It pays to look for the overlooked...
Filed Under: Elliott wave, head and shoulders pattern
Category: Stocks
By Bob Stokes
7/6/2011 5:30:00 PM
What if prices head down from the Right Shoulder for yet a third time -- and then crash through the neckline? Senior analyst Jeffrey Kennedy offers an explanation...
Filed Under: Elliott Wave trading, futures trading, head and shoulders pattern, Jeffrey Kennedy, technical analysis, trade targets, Traders
Category: Commodities
By Bob Stokes
9/17/2010 5:15:00 PM
Think again about what Prechter said: "Perhaps most important, the right shoulder must occur on 'decidedly less volume.'" Well, overall trading volume has indeed remained relatively low. EWI's Short Term Update recently said this about the market's trading activity...
Filed Under: head and shoulders pattern, Robert Prechter
Category: Stocks
By Vadim Pokhlebkin
9/16/2010 11:15:00 AM
There are two camps of market analysts out there: the fundamental camp and the technical one. Fundamental analysts look at things like the GDP, unemployment, interest rates, etc. to make logical assumptions about where the stock market is going. Technical analysts use none of that. They look at the market's internals to gauge the trend: things like momentum, trend channels -- and yes, Elliott wave patterns. Well, this is your free chance to learn how they do it.
Filed Under: Moving Average Convergence Divergence (MACD), stochastics, Relative Strength Index (RSI), technical indicators, Fibonacci, head and shoulders pattern, Elliott Wave Principle, technical analysis
Category: Stocks
By Tyler Robert
4/29/2010 1:45:00 PM
The pattern proves itself through repetition. Now you know what the head and shoulders looks like. According to Robert Prechter, this well-known pattern is only part of why he titled his most recent Theorist, A Deadly Bearish Big Picture...
Filed Under: Robert Prechter, head and shoulders pattern, technical analysis
Category: Stocks
Asia Pacific Stocks: "Worst Half Since 1992"
The failure of conventional observers to explain WHY consumers buy fewer manufactured goods leaves their analysis lacking.
By Mark Galasiewski - Editor, Asian-Pacific Financial Forecast
7/2/2008 1:00:00 PM
Asia-Pacific stocks suffered their “worst first half [of the year] since 1992,” reported news headlines this week. Plus, Japanese and Chinese manufacturers reported significant declines in activity. You might think that the reported slump in manufacturing in the region’s two biggest economies might be a big reason for the poor performance of Asia-Pacific stocks in the first six months of this year. And, in a way, you’re right...but probably for the wrong reason.
Filed Under: Shanghai Composite Index, head and shoulders pattern
Category: Asian Markets