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&P 500, metals, oil, U.S. dollar and VXX), an interactive member-analyst forum, and a detailed library of Elliott Wave education.
Recent Articles By The Author
Market Pullback Is Unlikely Until the S&P 500 Breaks 2,147 Level
A consolidation as the fall approaches would be desirable. However, until 2,147 on the S&P 500 is broken,this won't happen.
Initial Cracks in the Armor or Set Up for Melt Up?
What the market has now done is provide a more definitive upside resistance due to its pullback.
Will the Market Break Out or Crash? We'll Find Out This Week
The set-up remains that we will likely see the 2300+ region in the not-too-distant future. The question is whether the market will have a corrective pullback before that.
How Will the Next Pullback Take Shape as the Market Heads Higher?
Will the market continue pulling back correctively and making higher highs, taking out the S&P 500's 2,185 to 2,192 level and taking us to 2,300-plus, sooner rather than later?
Brext Selloff Isn't Over: Lower Levels Still Likely
The Brexit selloff is still in the early stages. It's not yet time to get back into the markets.