History shows that a divergence between the DJIA and NASDAQ deserves your attention. This chart helps to tell the story.

 


 

Get more financial insights like these -- 100% free. Just follow this link

Elliott Wave International does not provide investment advice. All rights reserved.

Education feed

Editors’ Picks

EUR/USD registers an inside day ahead of German Zew survey

EUR/USD created an inside day or inside bar candlestick pattern on Monday, indicating investor indecision and impending volatility and has made Tuesday's close pivotal. A bullish close could be seen if the German Zew Survey data betters expectations by a big margin.

EUR/USD News

GBP/USD: Options market turns bullish on Sterling for first since January 2018

The options market has turned bullish on the British Pound (GBP) for the first time since January 2018, a sign the investors are anticipating Brexit breakthrough and adding bets to position for a rally in Sterling. One-month risk reversals (GBP1MRR) rose above zero on Friday and currently stands at 0.25 – the highest level in 21 months.

GBP/USD News

USD/JPY unchanged on 108 handle in Tokyo opening hour, eyes on key events

USD/JPY is steady in Tokyo's opening hour, down -0.02% despite the concerns over the 'Phase1' deal made between China and the US on Friday. Looking ahead, eyes are on US Industrial Production and Fed speakers.

USD/JPY News

Editors’ Picks

EUR/USD registers an inside day ahead of German Zew survey

EUR/USD created an inside day or inside bar candlestick pattern on Monday, indicating investor indecision and impending volatility and has made Tuesday's close pivotal. A bullish close could be seen if the German Zew Survey data betters expectations by a big margin.

EUR/USD News

GBP/USD: Options market turns bullish on Sterling for first since January 2018

The options market has turned bullish on the British Pound (GBP) for the first time since January 2018, a sign the investors are anticipating Brexit breakthrough and adding bets to position for a rally in Sterling. One-month risk reversals (GBP1MRR) rose above zero on Friday and currently stands at 0.25 – the highest level in 21 months.

GBP/USD News

USD/JPY unchanged on 108 handle in Tokyo opening hour, eyes on key events

USD/JPY is steady in Tokyo's opening hour, down -0.02% despite the concerns over the 'Phase1' deal made between China and the US on Friday. Looking ahead, eyes are on US Industrial Production and Fed speakers.

USD/JPY News

UK jobs report preview: GBP/USD set to react to figures that go with the Brexit mood

Finding a job in the UK is more accessible than in the past and pay is rising – but that does not move the pound these days. The employment report is scheduled two days ahead of the critical EU Summit and 16 ahead of Brexit Day. 

Read more

Gold: Bears look for a break below the trendline support

The price had been sent lower below the 21 and 50-day MA converging and the 7th Oct lows. Trendline support guards a test of a 50% mean reversion of the late June swing lows to recent highs around 1480 will be encouraged. 

Gold News

RECOMMENDED LESSONS

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology