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Elliott Wave Theory is named after Ralph Nelson Elliott (28 July 1871 – 15 January 1948). He was an American accountant and author. Inspired by the Dow Theory and by observations found throughout nature, Elliott concluded that the movement of the stock market could be predicted by observing and Elliott Wave View: Further Strength in Exxon Mobil. Exxon Mobil (ticker: XOM) shows an incomplete bullish sequence from 3.23.2020 low favoring more upside. Short term, the rally from 5.15.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.15.2020 low, wave 1 ended at 46.63 and wave 2 dips ended at 43.3. WaveBasis is a web-based software platform for technical analysis and automatic detection of Elliott Wave patterns. It boasts an innovative collection of exclusive tools, specifically tailored for wave analysts and traders, and features a sophisticated pattern recognition engine for automatically determining high probability, valid Elliott Wave counts. Elliott Wave International is the world’s largest independent financial forecasting firm. We have guided our subscribers through major market and economic moves for over 40 years. Which position Wednesday, May 27, 2020. Elliott Wave Stock Market Update - May 27.
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Elliott Wave View: Further Strength in Exxon Mobil. Exxon Mobil (ticker: XOM) shows an incomplete bullish sequence from 3.23.2020 low favoring more upside. Short term, the rally from 5.15.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.15.2020 low, wave 1 ended at 46.63 and wave 2 dips ended at 43.3. On-Demand Courses :: Elliott Wave International For more than 30 years, Elliott Wave International has helped professionals and individuals capitalize on the markets' most dynamic trading opportunities. Now, EWI's on-demand courses teach you how to identify and trade those opportunities.