Over a week ago, the S&P 500 was about to invalidate an impulse pattern higher. By now it has invalidate it, and the index is now in what is called, in Elliott Wave Principle (EWP) terms, a diagonal ...

On Monday Oct. 8 I sat down with Elliott Wave International's senior analyst Jeffrey Kennedy to discuss his favorite wave pattern of all: the Elliott wave diagonal. Nico Isaac: You say if you had to ...

In this article, we want to show you how powerful can an ending diagonal be, also known as a wedge pattern. In conventional technical analysis, they call it “wedge”. In Elliott Wave analysis we call ...

SP500’s Elliott wave pattern appears incomplete to the downside. An ending diagonal pattern created a topping pattern in February. Decline to the origin of the ending diagonal at 5,100 is the higher ...