Many are feeling nervous and tech stocks have certainly taken a hit recently, however Rob points out that technically the overall market hasn't capitulated yet. The S&P500 closed higher after shaking off an ugly start to the days trading session ... but tomorrow's trade is real test. If we [...]
In this evening's TradeFinder LIVE webinar, Rob Roy told attendees that he is expecting markets to, once again, become more volatile in coming weeks. As you can see in the chart below, the VIX had settled down to the level of 20 after spiking up to 37 in early [...]
In addition to Rob's many repeated mantra's, one saying he likes to stick by is "Trust Your System". This was definitely the case with this example on PYPL. The stock spent some time in a loss-making position, although never breaking below the wave 4 lows, and therefore never disqualifying [...]
Rob has been suggesting that 4200 could be a reasonable target for the S&P500 since the beginning of January... and in the last few trading sessions the index has continued its relentless climb in the direction. However the analysis on Bitcoin may tell a different story. The crypto is [...]
After weeks of bouncing back and forth around the Fibonacci level at 381 the SPY finally gave a confirmation day that may indicate a bullish movement is building. Catch up on Rob's latest analysis!
In this update Rob explains how the Zig-Zag forming Wave 5 of the current Elliott Wave Impulse pattern looks like it wants to extend. However, so far we've failed to have a confirming follow through day... to either the upside or the downside ... and hence we are seem [...]
We're really excited that Rob has just set the dates for a brand new Elliott Wave educational event. Learn More About Zig-Zag Mastery Now!
January isn't even over yet, but EWO Trade Alerts are providing Subscribers with an outstanding start to 2021! Despite the first closed trade for 2021 being a loss of $254 in SUM, Rob Roy has thrown off the negative start with 10 consecutive winning trades. As at close of [...]
Rob Roy has become well known for his often-repeated mantra... "No security in any time frame gets very far away from its 10-day moving average”. In this video, Rob gives you a tip on how you can use this to watch for short-term overbought signals and an opportunity to [...]
The S&P has broken resistance to achieve new highs. The SPY has retraced to test support at that same level of 381 and closing there for the week. Rob evaluates the case for an extended Wave 5 and whether the market will ultimately reach a Fibonacci extension level of [...]
