Economic Trends

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

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 »

How Elliott Wave Principle Can Improve Your Trading

The following article is an excerpt from Elliott Wave International’s Trader’s Classroom Collection.

Every trader, every analyst and every technician has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show high probability price targets and, just as importantly, how to distinguish high probability trade setups from the ones that traders should ignore.

How Elliott Wave Principle Can Improve Your Trading Read More »

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