Morning Notes – Tuesday, June 28, 2022

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; forming a symmetrical triangle with a high point of 3937.75 and  a low point of 3908.00 The odds are for an up day with elevated volatility and with a good chance of sideways from pre-open levels  – watch for a break below 3908.00…

Top 3 Technical Tools Part 1: Japanese Candlesticks

EWI senior analyst Jeffrey Kennedy shows you how to identify quality trade setups with supporting technical indicators. “I always will be an Elliottician, but other technical tools have merit and are indeed worthwhile: they allow me to build a case, build a more confident reason for making a forecast and for taking a trade; making…

How Market Losers Think – and How to Stop Doing It (Video)

The one simple insight that will change the way you invest forever Some of the greatest problem solvers in history — Albert Einstein, for example — know that the secret to solving complex problems requires simplicity. Einstein’s simple equation (E = mc²) revolutionized math and science because it offered a single simple solution to so…

The Tortoise is About to Cross the Financial Finish Line

Slow and safe wins the race Financial historians will eventually describe the past 30 years as a time when investors embraced epic levels of financial risk. Stock mutual funds are now so popular that they outnumber stocks. Bond, real estate and other types of mutual funds also exploded in number. Many financial instruments — such…

Two Signs That Deflation is Far From Over

A key economic index turns south The federal government defines the Producer Price Index (PPI) as “the average change over time in the selling prices received by domestic producers for their output.” With help from the Federal Reserve’s massive inflationary policies, the PPI has climbed even as the economy began to fall in 2008-09. All…

Bollinger Band Basics

Senior Analyst Jeffrey Kennedy shows you how these volatility indicators support pattern recognition As a technical trader, are you able to view financial market fluctuations clearly and reliably? At Elliott Wave International, we hold that the Elliott Wave Principle is the most effective tool for analysis. Yet the Wave Principle works well with other technical…