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
The common perception in the market is that the news causes changes in market psychology and fundamentals, which then causes changes in stock prices. But I believe that the correct, more consistently applicable premise is that market...
In my humble opinion, I believe that, as more and more study is conducted into the social aspect of economics, we will ultimately abandon the use of “fundamental analysis” as a main research tool in identifying market direction. In fact,...
For the last three weeks, since we struck the most recent highs in the metals, I have been searching for a pattern which provides us greater confidence that we are finally on our way to lower lows. Unfortunately, such a pattern would...
Over the last three years, many have presented quite strong fundamental arguments that various factors would certainly cause the metals to immediately skyrocket to new heights. They have pointed to increasing demand for metals in...
After over three years of this corrective market action, I am sure those bullishly inclined are worn to the nub. I am sure you have completely run out of patience. I would not be surprised if you have even yelled at your charts, screen, or...
The one thing that the metals have done best for the last 3 years is keeping most investors on the wrong side of the trade. After over three years of this frustrating market action, I am sure those bullishly inclined are worn to the nub....
Back in November, as gold broke down through the support held through 2013, the bears came out with their claws. MarketWatch, as well as most other financial news sources, became overwhelmed with articles from vociferously bearish analysts...
During the summer of 2011, when gold was rising parabolically, you could find no one who would dare even consider a top for gold that was below $2000. At the time, the market pundits were quite certain that $2,000 would be well eclipsed...
I am hard pressed to find a single article calling for lower lows in the metals. Everywhere I look, there is consistent certainty that the final lows have been struck, and the bull market is back in full force. To me, market sentiment can...
As I have been saying for the last few weeks, I have a hard time viewing the bottom being in due to the terribly overlapping move off the lows with which we began. But, should it be a leading diagonal, then the count in grey is what I...