Any theory which claims to be even somewhat predictive regarding the financial markets comes under fire from parts of the investment community. This is not at all strange, and is in fact beneficial for the users of any criticized theory as long as that theory does in fact offer an edge of some kind.
In any discussion of the credibility and validity of the Elliott Wave Theory – we get to hear about how 1) “EWT doesn’t work”, 2) “isn’t built on a sound basis and/or premises”, 3) “EWT is just a story” or “curve fitting”.
Continue reading “Elliott Wave Theory doesn’t work” the critics say – then why am I up 27.8%+ compared to our stock market YoY? →
Here’s a summary of our technical analysis on the S&P 500 from 2016-12-28 to 2017-03-27. For new readers, at EWT Investing, we use our own modified version of the Elliott Wave Theory as well as other technical systems and indicators, to try and arrive at a comprehensive technical picture of the markets at any given time.
Continue reading Technical Analysis on the S&P 500 from late 2016-12 to 2017-03. →
2016 has come to an end, and we’re just hours away from 2017! I wish all readers a Happy New Year!
Continue reading Happy New Year 2017! →
The question of which financial market indices are most suited for Elliott Wave Theory analysis, arrives in our inboxes from time to time.
Generally speaking, the broader an index is in terms of number of companies whose stocks are listed, market capitalization and active market participants, the more suited it is for Elliott Wave Theory analysis.
Continue reading Which indices are most suited for Elliott Wave Theory analysis? →