15 Hand-Picked Charts to Help You See What's Coming in the Markets

Everyone uses gas: See this chart that shows why its price is heading lower

By Elliott Wave International

Have you ever seen price charts that tell a story clearly? Here is a perfect example from Robert Prechter's most recent monthly publication, The Elliott Wave Theorist.

By combining headlines from newspapers with the price chart for retail automotive gasoline, Prechter paints a clear picture -- that you can see for yourself -- as to why gas prices will probably go much lower.

Prechter chose 14 more charts like this one to explain to his subscribers where the f Continue reading "15 Hand-Picked Charts to Help You See What's Coming in the Markets"

Janet Yellen Is Close to Making History in Two Ways

By Elliott Wave International

Janet Yellen just moved closer to her place in history when the Senate Banking Committee approved her nomination to lead the Federal Reserve. The full Senate is expected to confirm. If so, she will be the first chairwoman in the central bank's 100 year history.

But when her term concludes, gender may be secondary to the narrative about her time at the helm. The larger focus could be that Yellen was at the helm of economic disaster.

Here's what Robert Prechter said in the October Elliott Wave Theorist: Continue reading "Janet Yellen Is Close to Making History in Two Ways"

Spot High-Confidence Trading Opportunities Using Moving Averages

By Elliott Wave International

The moving average is a technical indicator which has stood the test of time. It's been 27 years since Robert Prechter described this vital tool in his famous essay, "What a Trader Really Needs to be Successful." What he said then remains true today: Continue reading "Spot High-Confidence Trading Opportunities Using Moving Averages"

Deflationary Forces Stymie the Fed's Economic Rescue Efforts

By Elliott Wave International

The Federal Reserve's efforts to rescue the economy have been historically aggressive, starting with the initial round of quantitative easing in 2008 and continuing through 2013.

The central bank's assets have skyrocketed due to the Fed's bond purchases, which you can see clearly in this eye-opening report that Robert Prechter presented to the Market Technicians Association and his Elliott Wave Theorist subscribers.

Editor’s Note: Visit Elliott Wave International to download the rest of the 8-page, free report, How to Protect Your Money When the U.S. Debt Bill Comes Due.

Continue reading "Deflationary Forces Stymie the Fed's Economic Rescue Efforts"

Deflation Will Take the Majority by Surprise

By Elliott Wave International

The last thing on the minds of most people is deflation. It's easy enough to determine that with a quick quiz -- and that quiz is found in the just-published Elliott Wave Theorist.

In this July-August Theorist, Robert Prechter uses Google searches to make a point about deflation:

"When I typed 'Inflation for 2013,' there were 47,700 results. On March 13th, when I put this slide together, I also typed in "Deflation for 2013." How many results do you think I got?"

Prechter reveals that the answer is 5. (You could have googled it yourself, but we don't want you to have to take the time.) He then goes on to search other phrases pertaining to deflation and inflation, which you can learn more about via a risk-free read of the Theorist. Just know that the number of Google searches for "Deflation for 2013" was nowhere near the number of searches for "Inflation for 2013." Continue reading "Deflation Will Take the Majority by Surprise"