Economic Trends

Long-term trends grow from short term trends. We attampt to determine the short term trends and where they are pointing.

Understanding Robert Prechter’s ‘Slope of Hope’

By Elliott Wave International
Almost everybody who follows financial markets has heard about climbing the “wall of worry”: the time when prices head up bullishly, but no one quite believes in the rally, so there’s more worry about a fall than a rise.

What’s the opposite condition in the market?

Bob Prechter named it the “slope of hope,” meaning that as prices head down, no one wants to believe the market really has turned bearish, so there’s more hope for a rise than fear of a fall.

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Why’s Fx A Great Investment Opportunity?

Forex investment is definitely one of the most sought-after investment opportunities in the trading market. There are several investors who focus on this kind of investments. These investors always grab the forex investment opportunity in front of them. But the big question here is why. Why do these investors prefer a forex investment opportunity than other

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Learn Basics of Elliott Wave Analysis — FREE

By Elliott Wave International Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets. To help out Elliott Wave International’s readers

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DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line?

Moving averages are one of the most widely followed indicator in technical analysis.
Simply put, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support — a level where buyers reside.

DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line? Read More »

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