Avi Gilburt
Elliot Wave Technical Analyst & author @ Elliott Wave Trader
Avi Gilburt is a widely followed Elliott Wave technical analyst and author of ElliottWaveTrader.net, a live Trading Room featuring his intraday market analysis (including emini S&P500, metals, oil, USD & VXX), interactive member-analyst forum, and detailed library of Elliott Wave education. You can contact Avi at: [email protected].
Avi Gilburt Articles
I was sent an interesting note by Armstrong this morning about his perspective on quantitative easing. In it, he addresses how Bill Gross is wrong about QE. While his ultimate point is correct, his underlying analysis is wrong:
I never suggest trading on emotion, yet the “fears” I expressed last week may be developing as the reality on the ground. With the continued strength this past week seen in the miners, one has to question whether the more immediately...
While the GDX did not strike its upside resistance, it may have come close enough to consider it having topped. The question now is how do we view the coming “correction.”
The latest Deutsche Bank case has the metals market buzzing about manipulation again. Unfortunately, most misinterpret the case and the market ramifications. While I know I am fighting the “common think” in this market, I am unable to...
While we still do not have a long-term confirmed bottom in the metals complex just yet, the price action is quite indicative of a very bullish market. You see, when the metals are truly in a bullish trend, they do not see deep...
I have said many times before that trying to track every twist and turn within corrective action is like trying to throw Jell-O for distance . . . you just won’t be able to get it all.
While we were watching intently to see if the market was going to take advantage of a further bullish set up this past week, it broke support, making it clear that we have likely topped in wave i off the recent lows. However, I have to...
As gold was in the heart of a parabolic rise during the summer of 2011, the market was quite certain that we would imminently exceed the $2,000 mark. However, we expected it to top just over $1,900…and did not believe we would exceed $2,...
This past week, much was written about expectations regarding the ECB actions. The wide consensus was that the Euro was going to tank and the metals would tank with the Euro. However, that is not exactly what we saw.
It’s been quiet lately in the world of manipulation. The metals market has been going higher, and the manipulation theorists have become quiet. We have all read article after article for years providing reasons and arguments as to how the...