Ending diagonal patterns

An ending diagonal pattern is a type of consolidation that can occur at the completion of a strong move.

Impulsive patterns

Impulsive patterns are one of the basic components of Elliott wave charts. They always consist of five waves.

Euro ETF correction nearly complete

The Euro ETF has moved a bit higher than we anticipated in our June 16 post, but bears have a strong chance of countering the rally and taking price to new lows.

Natural gas set to bounce

We are watching natural gas prices very closely right now. The technical picture makes a strong case to expect a reversal and rally soon.

Trading the next move in treasuries

The choppy rise from the turn of the year appears to have been corrective, in this case meaning that it should be treated as a retracement.