We began offering OEW tutoring over six years ago, and have trained over 300 students in over 30 countries. Some of our very first students still participate in our private OEW forum. We recently completed our annual update of the self explanatory lessons, expanding them to twenty-two, and included new fundamental and technical indicators plus updated charts. It’s our most complete lesson plan ever.
OEW is not textbook Elliott Wave. It is a proprietary technique that defines every single significant wave within bull and bear markets, quantitatively. With this approach one can analyze any market to define its exact historical wave structure, and then determine what this projects into the future. We have been applying this technique, successfully, for nearly thirty years.
Long term investor psychology cycles determine bull and bear markets. When positive a bull market unfolds, when negative a bear market. The Objective Elliott Wave (OEW) technique not only determines if a market is bullish or bearish, it also quantifies how far a market has progressed in its current cycle.
Over the years OEW analysis has led to some important projections in just the Stock Market alone. We projected the 1987 top and subsequent crash, then the Dec. 1987 low. The July 1990 top to the day, the 2000 top, and the Oct. 2002 low. The Oct. 2007 top (in Jan08), the Mar. 2009 low nearly to the day, the recent high in May/July 2011, and the recent low in Oct 2011 nearly to the day. We are still projecting a bull market top in 2013.
OEW analysis can also be used to track other asset classes. In Housing, OEW confirmed the bear market in 2006, and now the new bull market. In Bonds, OEW confirmed the current bull market in 2007 and we are now anticipating an new bear market may be underway. In the Currency markets, OEW projected a strong rally in the USD in early 2008 after a three year decline. Then a resumption of its choppy bear market in 2009 and 2010. We are now bearish on several foreign currencies, and long term bullish on the USD. In early 2009 OEW projected a resumption of the ongoing 13 year bull market in some Commodities. This included the powerful 13 year bull markets in both Gold and Silver. Right now we see signs of this ending. OEW can be used to track any asset class, including individual stocks, providing there is sufficient historical data.
Bull and bear markets can last for years. Medium term uptrends and downtrends only last for a few months, and are often mistaken as changes in long term trends. OEW analysis not only confirms when changes in long term trends are occurring, but also allows one to track a bull or bear market as it unfolds. If you are interested in learning how to do this type of analysis yourself, and joining our private OEW group, just contact me at firstname.lastname@example.org for the details. Best to your trading/investing.
“The possession of knowledge, unless accompanied by the manifestation and expression in action, is like the hoarding of precious metals; a vain and foolish thing. The Law of Use is universal, and he who violates it suffers by reason of his conflict with natural forces.”