It's time to wait and watch the market, not a time buy or sell—patience is key right now. We're expecting this advance to occur in two waves, as suggested by Elliott Wave theory. Right now, the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

-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 ...

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 ...