Today, we have Pete Kendall and Steve Hochberg! These veteran market technicians from Elliott Wave International are here to break down the power of Elliott Wave Theory and how it's being used right now to forecast major moves in gold, stocks, crude oil, and more. They'll walk us through the current setups in key markets and explain exactly where we are in the wave cycle—at a moment when many believe a historic downturn is unfolding.
📉 Is the market already in Wave 3 down? Are gold and silver about to roll over? Pete and Steve reveal what the charts are really saying. From live S&P 500 and Disney examples to a step-by-step breakdown of Fibonacci targets, Elliott Wave rules, and how investor psychology drives market reversals—don't miss this deep dive with two of the sharpest minds in technical analysis!
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🔥 Key Topics Covered:
✅ What Elliott Wave Theory really is—and why it matters now
✅ How to read the five-wave pattern and spot trend reversals in real time
✅ The 3 unbreakable rules and key guidelines of Elliott Wave Theory
✅ Why Wave 3 is often the most explosive move in the market
✅ Real-world chart analysis: gold, the S&P 500, Disney, and crude oil
✅ How Fibonacci retracements help identify market turning points
✅ Is the stock market in a major Wave C correction? Here's what the data says
✅ How Elliott Wave Theory explains shifts in pop culture and sentiment
✅ The truth about gold and silver sentiment—and what's coming next
✅ Which assets follow Elliott Waves best (hint: it's not your favorite junior miner)
If you found value in today's breakdown, please give this video a thumbs up, share it with friends, and don't forget to subscribe for weekly market insights. Join the discussion in the comments, and check out our free and premium content on the Rule Classroom for exclusive investment insights! If you would like to support the show, you can do so through a donation here or on YouTube Supers: https://paypal.me/InittoWinitLLC?country.x=US&locale.x=en_US Stay tuned for our next guest and happy investing!
Affiliates /Tools for Success that I Love and find Helpful:
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Chapters
00:00 Meet Pete Kendall & Steve Hochberg from EWI
00:34 How they got into Elliott Wave & found Robert Prechter
02:48 What is Elliott Wave Theory? Core concepts explained
04:58 Understanding the 5-wave pattern & basic wave structure
06:56 The 3 unbreakable Elliott Wave rules + common guidelines
08:11 How Fibonacci ratios power Elliott Wave analysis
08:48 R.N. Elliott & fractals in market behavior
10:34 Real-time gold chart analysis using Elliott Wave patterns
14:58 Is Disney stock a pop culture signal? What the wave says
18:42 Are we entering Wave 3 down in the stock market?
21:25 S&P 500 Elliott Wave breakdown and what comes next
27:17 How sentiment data confirms wave counts
30:39 Entry levels during complex corrections: what to do
35:08 Dow-to-Gold ratio: real wealth vs. inflation illusion
39:07 Gold vs. Silver: Bearish divergences and what's ahead
43:03 Crude Oil: Key support break and technical setup
47:05 Why Elliott Wave software fails + tools real traders use
49:23 Why commodities peak on Wave 5, not Wave 3
50:36 How cultural shifts echo Elliott Wave market moves
52:08 Will gold and silver outperform in a deflationary bust?
55:29 Macro outlook on oil and energy stocks
56:38 Learning from Elliott Wave in real time
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.
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