-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling In Elliott Wave theory, a zig zag is a pattern consisting of 3 waves labeled ...

Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Antonio_Diaz / Getty Images A Wolfe Wave is a chart pattern composed of five ...

The rally from 2022 and possibly 2009 is complete leading to a major correction. SP500’s Elliott wave pattern appears incomplete to the downside. Decline to a Fibonacci retracement at 4,300 is the ...

Gold has performed quite well in 2025 and needed a breather to consolidate recent gains. The current decline appears to be a temporary correction with the longer-term pattern pointed higher. The ...