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
More Consolidation Is Needed Before S&P 500 Approaches 2400 Level
The market looks like it is in a corrective mode for the time being.
What You Can Learn From Stock Market's Rally Over the Past Year
Elliott Wave Theory shows the stock market is still in an upward trend, but some traders' continued insistence that a top is near has cost them dearly.
Why the S&P 500 Should Reach at Least 2500 in 2017
As long as the S&P 500 does not break upper support, the bellwether U.S. stock index will remain on track to reach targets greater than 2500 in 2017.
S&P 500 Is Approaching Next Target Region Between 2,280 and 2,306
The market is getting close to the next resistance zone. Here is the scoop.
It's Time for a Stock Market Consolidation, Charts Show
While there is still more wiggle room in the S&P 500's latest move up, the market will likely soon need to consolidate.
Here's How the S&P 500 Could Hit 2300 Soon
It's still not clear whether the S&P 500 wants to take the direct route to the 2280-2300 area or the indirect route with a bigger wave-2 pullback.
Here Are the Next Levels the S&P 500 Must Break to Move Higher
For now, the heart of the resistance seems to be 2135 to 2140 on the S&P 500 (^GSPC).
Investors Should Play the Downside of This Tricky Market Carefully
Trading the market to the short side should be done nimbly, taking profits where you can, while setting up for the bigger move higher in the months to come.
Here's How You Should Play the Fed Decision, According to the Charts
Yes, it's that time of the month again -- the Fed announcement.