by Jeremy Wagner, CEWA-M | May 27, 2022 | Chart Analysis
The Russell 2000 Index is a collection of 2000 small and medium cap stocks. It is thought to be a barometer for the health of the US economy as the Russell 2000 Index value is not based on a small concentration of stocks. As a result, a rising index would...
by Jeremy Wagner, CEWA-M | Apr 29, 2022 | Chart Analysis, Promoted Analysis
Some strong trends have developed in FX recently. With these strong trends, every trader has to decide if they are going to continue or reverse. For many traders, this is a difficult decision for a variety of reasons. First, they may be relatively new to...
by Jeremy Wagner, CEWA-M | Apr 15, 2022 | Chart Analysis
Though there are many ways to identify levels of support and resistance, spotting meaningful levels does not have to be difficult. Zooming out to a larger time frame can offer stronger levels because more price action and time were needed to develop the support or...
by Jeremy Wagner, CEWA-M | Apr 1, 2022 | Chart Analysis
The day Russia invaded Ukraine, a measure of the US stock market, the Russell 2000 (ticker: RUT) fell to a new 14-month low. Prior to the invasion, RUT was already down 20% from its high. An invasion would certainly add this chaos and send RUT even lower. With the...
by Jeremy Wagner, CEWA-M | Mar 18, 2022 | Learn Elliott Wave
Elliott Wave Theory is one of the most misunderstood methods of chart reading. Though Elliott Wave Theory has been around for 90 years and the rules are clear, human error in interpreting the charts causes many traders to suggest Elliott wave doesn’t work. In...