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
Despite my many warnings against inappropriately using these leveraged vehicles, many investors still view them as an “investment.” Too many people will place their money into these triple leveraged funds expecting that they are going to...
We have many analysts and commenters posting many different perspectives on the metals for years. Some view them as a terrible investment and others view it as the only reasonable investment. I am not going to discuss the merits or...
I am going to begin this update with a very simple proposition: get your shopping list in gear, as the time to buy is upon us. Last weekend, I noted the following: As far as the actual charts are concerned, I still see nothing that...
This past week, I have been sent several “stories” that the dollar is going to absolutely “crash” on September 30th, which will supposedly cause metals to rally to the moon and beyond. And, as I have noted in my Trading Room oh so often,...
If you remember, two weeks ago, the sentiment in the metals complex was quite bearish. Yet, as I noted last weekend, I had an issue with an immediate drop lower:
Yes, you heard me right. The miners are setting up in a pattern which can see them double within the next nine months. So, let me explain. But, before I get into that explanation, I want to preface this write up by saying that I put a lot...
The market action this past week started out quite strong, and raised many hopes. However, since I do not have a clear 5 wave structure confidently developed off the recent lows, I have to put hopes aside, and view the market in a...
After coming into this past week still expecting the GDX to test a bit lower towards our 28.50-29 region support level, we clearly tested that region. However, the market did not pass that test. With the market breaking down below our...
This past week certainly saw a lot of action in the metals, but we did not see any real movement by the time we closed the week. In fact, gold and silver ended near where they began for the week, whereas GDX did have a little upside...
Last weekend, I prepared you for the potential set up for the 3rd wave to much higher levels in the metals complex. More specifically, I provided you with a map as to how the 3rd wave set up would look on the GDX, should the market comply...
